Scandinavian vs Venezuelan Median Earnings
COMPARE
Scandinavian
Venezuelan
Median Earnings
Median Earnings Comparison
Scandinavians
Venezuelans
$46,433
MEDIAN EARNINGS
50.0/ 100
METRIC RATING
174th/ 347
METRIC RANK
$44,580
MEDIAN EARNINGS
6.9/ 100
METRIC RATING
235th/ 347
METRIC RANK
Scandinavian vs Venezuelan Median Earnings Correlation Chart
The statistical analysis conducted on geographies consisting of 472,554,301 people shows a poor negative correlation between the proportion of Scandinavians and median earnings in the United States with a correlation coefficient (R) of -0.164 and weighted average of $46,433. Similarly, the statistical analysis conducted on geographies consisting of 306,328,741 people shows a slight positive correlation between the proportion of Venezuelans and median earnings in the United States with a correlation coefficient (R) of 0.055 and weighted average of $44,580, a difference of 4.2%.
Median Earnings Correlation Summary
| Measurement | Scandinavian | Venezuelan |
| Minimum | $2,499 | $23,314 |
| Maximum | $129,652 | $78,969 |
| Range | $127,153 | $55,655 |
| Mean | $43,051 | $43,969 |
| Median | $44,555 | $42,571 |
| Interquartile 25% (IQ1) | $34,442 | $39,048 |
| Interquartile 75% (IQ3) | $48,536 | $46,866 |
| Interquartile Range (IQR) | $14,094 | $7,818 |
| Standard Deviation (Sample) | $16,928 | $9,261 |
| Standard Deviation (Population) | $16,786 | $9,192 |
Similar Demographics by Median Earnings
Demographics Similar to Scandinavians by Median Earnings
In terms of median earnings, the demographic groups most similar to Scandinavians are Ghanaian ($46,440, a difference of 0.020%), Scottish ($46,463, a difference of 0.060%), Kenyan ($46,462, a difference of 0.060%), Basque ($46,399, a difference of 0.070%), and Danish ($46,392, a difference of 0.090%).
| Demographics | Rating | Rank | Median Earnings |
| Costa Ricans | 57.4 /100 | #167 | Average $46,645 |
| Immigrants | Africa | 54.6 /100 | #168 | Average $46,564 |
| Immigrants | South America | 54.0 /100 | #169 | Average $46,548 |
| Immigrants | Immigrants | 51.6 /100 | #170 | Average $46,478 |
| Scottish | 51.1 /100 | #171 | Average $46,463 |
| Kenyans | 51.0 /100 | #172 | Average $46,462 |
| Ghanaians | 50.3 /100 | #173 | Average $46,440 |
| Scandinavians | 50.0 /100 | #174 | Average $46,433 |
| Basques | 48.8 /100 | #175 | Average $46,399 |
| Danes | 48.6 /100 | #176 | Average $46,392 |
| Belgians | 48.0 /100 | #177 | Average $46,375 |
| Colombians | 47.1 /100 | #178 | Average $46,349 |
| English | 46.5 /100 | #179 | Average $46,334 |
| Puget Sound Salish | 46.5 /100 | #180 | Average $46,333 |
| Immigrants | Cameroon | 46.4 /100 | #181 | Average $46,329 |
Demographics Similar to Venezuelans by Median Earnings
In terms of median earnings, the demographic groups most similar to Venezuelans are British West Indian ($44,552, a difference of 0.060%), Cape Verdean ($44,640, a difference of 0.14%), Immigrants from Ecuador ($44,462, a difference of 0.27%), Sudanese ($44,419, a difference of 0.36%), and Immigrants from Sudan ($44,767, a difference of 0.42%).
| Demographics | Rating | Rank | Median Earnings |
| Immigrants | Iraq | 11.6 /100 | #228 | Poor $44,988 |
| Scotch-Irish | 10.7 /100 | #229 | Poor $44,924 |
| Immigrants | Western Africa | 10.3 /100 | #230 | Poor $44,893 |
| Japanese | 9.5 /100 | #231 | Tragic $44,825 |
| Delaware | 9.0 /100 | #232 | Tragic $44,783 |
| Immigrants | Sudan | 8.8 /100 | #233 | Tragic $44,767 |
| Cape Verdeans | 7.5 /100 | #234 | Tragic $44,640 |
| Venezuelans | 6.9 /100 | #235 | Tragic $44,580 |
| British West Indians | 6.7 /100 | #236 | Tragic $44,552 |
| Immigrants | Ecuador | 5.9 /100 | #237 | Tragic $44,462 |
| Sudanese | 5.6 /100 | #238 | Tragic $44,419 |
| Senegalese | 5.3 /100 | #239 | Tragic $44,373 |
| Aleuts | 4.4 /100 | #240 | Tragic $44,241 |
| Samoans | 4.2 /100 | #241 | Tragic $44,206 |
| Immigrants | Venezuela | 4.0 /100 | #242 | Tragic $44,163 |