Scandinavian vs Immigrants from Liberia Median Family Income

The statistical analysis conducted on geographies consisting of 472,034,552 people shows a poor negative correlation between the proportion of Scandinavians and median family income in the United States with a correlation coefficient (R) of -0.140 and weighted average of $104,410. Similarly, the statistical analysis conducted on geographies consisting of 135,228,267 people shows a moderate negative correlation between the proportion of Immigrants from Liberia and median family income in the United States with a correlation coefficient (R) of -0.414 and weighted average of $90,450, a difference of 15.4%.

Median Family Income Correlation Summary

Measurement	Scandinavian	Immigrants from Liberia
Minimum	$48,750	$34,978
Maximum	$186,250	$141,080
Range	$137,500	$106,102
Mean	$97,868	$86,151
Median	$98,046	$85,817
Interquartile 25% (IQ1)	$80,113	$75,284
Interquartile 75% (IQ3)	$106,098	$97,769
Interquartile Range (IQR)	$25,985	$22,485
Standard Deviation (Sample)	$26,299	$18,837
Standard Deviation (Population)	$26,040	$18,685

Similar Demographics by Median Family Income

Demographics Similar to Scandinavians by Median Family Income

In terms of median family income, the demographic groups most similar to Scandinavians are Swiss ($104,396, a difference of 0.010%), Moroccan ($104,488, a difference of 0.080%), Scottish ($104,288, a difference of 0.12%), Icelander ($104,282, a difference of 0.12%), and Basque ($104,760, a difference of 0.34%).

Demographics	Rating \| Rank	Median Family Income
Peruvians	80.4 /100 \| #151	Excellent $105,444
Immigrants \| Albania	79.1 /100 \| #152	Good $105,285
Slavs	77.9 /100 \| #153	Good $105,144
Immigrants \| Nepal	76.3 /100 \| #154	Good $104,966
Native Hawaiians	75.8 /100 \| #155	Good $104,910
Basques	74.4 /100 \| #156	Good $104,760
Moroccans	71.6 /100 \| #157	Good $104,488
Scandinavians	70.8 /100 \| #158	Good $104,410
Swiss	70.7 /100 \| #159	Good $104,396
Scottish	69.5 /100 \| #160	Good $104,288
Icelanders	69.4 /100 \| #161	Good $104,282
Immigrants \| Sierra Leone	66.2 /100 \| #162	Good $103,990
Costa Ricans	66.2 /100 \| #163	Good $103,989
Sierra Leoneans	64.7 /100 \| #164	Good $103,859
Slovaks	63.1 /100 \| #165	Good $103,729

Demographics Similar to Immigrants from Liberia by Median Family Income

In terms of median family income, the demographic groups most similar to Immigrants from Liberia are Iroquois ($90,543, a difference of 0.10%), Immigrants from Micronesia ($90,345, a difference of 0.12%), Jamaican ($90,581, a difference of 0.14%), Spanish American ($90,322, a difference of 0.14%), and Immigrants from St. Vincent and the Grenadines ($90,094, a difference of 0.40%).

Demographics	Rating \| Rank	Median Family Income
Hmong	0.3 /100 \| #265	Tragic $91,296
Central Americans	0.3 /100 \| #266	Tragic $91,087
Mexican American Indians	0.2 /100 \| #267	Tragic $90,918
Cree	0.2 /100 \| #268	Tragic $90,882
Belizeans	0.2 /100 \| #269	Tragic $90,880
Jamaicans	0.2 /100 \| #270	Tragic $90,581
Iroquois	0.2 /100 \| #271	Tragic $90,543
Immigrants \| Liberia	0.2 /100 \| #272	Tragic $90,450
Immigrants \| Micronesia	0.2 /100 \| #273	Tragic $90,345
Spanish Americans	0.2 /100 \| #274	Tragic $90,322
Immigrants \| St. Vincent and the Grenadines	0.2 /100 \| #275	Tragic $90,094
Immigrants \| Zaire	0.1 /100 \| #276	Tragic $89,285
Immigrants \| Jamaica	0.1 /100 \| #277	Tragic $89,268
Immigrants \| Grenada	0.1 /100 \| #278	Tragic $89,249
Immigrants \| Belize	0.1 /100 \| #279	Tragic $89,197