Scandinavian vs European Median Household Income
COMPARE
Scandinavian
European
Median Household Income
Median Household Income Comparison
Scandinavians
Europeans
$86,073
MEDIAN HOUSEHOLD INCOME
65.1/ 100
METRIC RATING
166th/ 347
METRIC RANK
$88,751
MEDIAN HOUSEHOLD INCOME
91.2/ 100
METRIC RATING
132nd/ 347
METRIC RANK
Scandinavian vs European Median Household Income Correlation Chart
The statistical analysis conducted on geographies consisting of 472,110,165 people shows a poor positive correlation between the proportion of Scandinavians and median household income in the United States with a correlation coefficient (R) of 0.188 and weighted average of $86,073. Similarly, the statistical analysis conducted on geographies consisting of 560,871,034 people shows no correlation between the proportion of Europeans and median household income in the United States with a correlation coefficient (R) of -0.024 and weighted average of $88,751, a difference of 3.1%.
Median Household Income Correlation Summary
Measurement | Scandinavian | European |
Minimum | $35,625 | $11,019 |
Maximum | $250,001 | $173,396 |
Range | $214,376 | $162,377 |
Mean | $90,420 | $84,093 |
Median | $84,951 | $82,550 |
Interquartile 25% (IQ1) | $72,386 | $72,512 |
Interquartile 75% (IQ3) | $92,885 | $97,852 |
Interquartile Range (IQR) | $20,499 | $25,341 |
Standard Deviation (Sample) | $37,436 | $22,686 |
Standard Deviation (Population) | $37,118 | $22,572 |
Similar Demographics by Median Household Income
Demographics Similar to Scandinavians by Median Household Income
In terms of median household income, the demographic groups most similar to Scandinavians are Norwegian ($86,084, a difference of 0.010%), Irish ($86,145, a difference of 0.080%), Czech ($86,164, a difference of 0.11%), Guamanian/Chamorro ($86,255, a difference of 0.21%), and Immigrants ($85,818, a difference of 0.30%).
Demographics | Rating | Rank | Median Household Income |
Immigrants | Uzbekistan | 70.1 /100 | #159 | Good $86,425 |
Luxembourgers | 70.0 /100 | #160 | Good $86,418 |
Slavs | 69.7 /100 | #161 | Good $86,398 |
Guamanians/Chamorros | 67.7 /100 | #162 | Good $86,255 |
Czechs | 66.4 /100 | #163 | Good $86,164 |
Irish | 66.2 /100 | #164 | Good $86,145 |
Norwegians | 65.3 /100 | #165 | Good $86,084 |
Scandinavians | 65.1 /100 | #166 | Good $86,073 |
Immigrants | Immigrants | 61.3 /100 | #167 | Good $85,818 |
Icelanders | 61.0 /100 | #168 | Good $85,797 |
Colombians | 59.7 /100 | #169 | Average $85,716 |
Swiss | 59.2 /100 | #170 | Average $85,681 |
Immigrants | South America | 58.1 /100 | #171 | Average $85,611 |
Slovenes | 57.4 /100 | #172 | Average $85,562 |
Immigrants | Cameroon | 53.4 /100 | #173 | Average $85,314 |
Demographics Similar to Europeans by Median Household Income
In terms of median household income, the demographic groups most similar to Europeans are Immigrants from Syria ($88,792, a difference of 0.050%), Immigrants from Ethiopia ($88,687, a difference of 0.070%), British ($88,914, a difference of 0.18%), Brazilian ($88,934, a difference of 0.21%), and Portuguese ($88,976, a difference of 0.25%).
Demographics | Rating | Rank | Median Household Income |
Immigrants | Kuwait | 93.5 /100 | #125 | Exceptional $89,263 |
Immigrants | Oceania | 92.9 /100 | #126 | Exceptional $89,100 |
Immigrants | Peru | 92.5 /100 | #127 | Exceptional $89,010 |
Portuguese | 92.3 /100 | #128 | Exceptional $88,976 |
Brazilians | 92.1 /100 | #129 | Exceptional $88,934 |
British | 92.0 /100 | #130 | Exceptional $88,914 |
Immigrants | Syria | 91.4 /100 | #131 | Exceptional $88,792 |
Europeans | 91.2 /100 | #132 | Exceptional $88,751 |
Immigrants | Ethiopia | 90.9 /100 | #133 | Exceptional $88,687 |
Swedes | 90.0 /100 | #134 | Exceptional $88,524 |
Immigrants | Sierra Leone | 89.9 /100 | #135 | Excellent $88,498 |
Poles | 89.7 /100 | #136 | Excellent $88,472 |
Sierra Leoneans | 89.6 /100 | #137 | Excellent $88,463 |
Arabs | 89.2 /100 | #138 | Excellent $88,398 |
Immigrants | Chile | 89.2 /100 | #139 | Excellent $88,388 |