South American vs Scandinavian Median Family Income
COMPARE
South American
Scandinavian
Median Family Income
Median Family Income Comparison
South Americans
Scandinavians
$101,856
MEDIAN FAMILY INCOME
39.7/ 100
METRIC RATING
179th/ 347
METRIC RANK
$104,410
MEDIAN FAMILY INCOME
70.8/ 100
METRIC RATING
158th/ 347
METRIC RANK
South American vs Scandinavian Median Family Income Correlation Chart
The statistical analysis conducted on geographies consisting of 493,360,337 people shows a mild negative correlation between the proportion of South Americans and median family income in the United States with a correlation coefficient (R) of -0.340 and weighted average of $101,856. Similarly, 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, a difference of 2.5%.
![South American vs Scandinavian Median Family Income](/correlation-charts/metric-comparison/median-family-income/south-americans-vs-scandinavians-median-family-income-chart.webp)
Median Family Income Correlation Summary
Measurement | South American | Scandinavian |
Minimum | $53,167 | $48,750 |
Maximum | $167,114 | $186,250 |
Range | $113,947 | $137,500 |
Mean | $93,843 | $97,868 |
Median | $91,692 | $98,046 |
Interquartile 25% (IQ1) | $79,466 | $80,113 |
Interquartile 75% (IQ3) | $105,899 | $106,098 |
Interquartile Range (IQR) | $26,433 | $25,985 |
Standard Deviation (Sample) | $21,858 | $26,299 |
Standard Deviation (Population) | $21,760 | $26,040 |
Similar Demographics by Median Family Income
Demographics Similar to South Americans by Median Family Income
In terms of median family income, the demographic groups most similar to South Americans are French Canadian ($101,634, a difference of 0.22%), Spaniard ($101,617, a difference of 0.23%), Welsh ($102,151, a difference of 0.29%), Tsimshian ($101,543, a difference of 0.31%), and German ($102,254, a difference of 0.39%).
Demographics | Rating | Rank | Median Family Income |
Immigrants | Eritrea | 51.9 /100 | #172 | Average $102,823 |
Belgians | 51.4 /100 | #173 | Average $102,788 |
Finns | 50.0 /100 | #174 | Average $102,676 |
Immigrants | Eastern Africa | 47.1 /100 | #175 | Average $102,451 |
French | 46.1 /100 | #176 | Average $102,368 |
Germans | 44.6 /100 | #177 | Average $102,254 |
Welsh | 43.3 /100 | #178 | Average $102,151 |
South Americans | 39.7 /100 | #179 | Fair $101,856 |
French Canadians | 37.0 /100 | #180 | Fair $101,634 |
Spaniards | 36.8 /100 | #181 | Fair $101,617 |
Tsimshian | 35.9 /100 | #182 | Fair $101,543 |
Kenyans | 34.5 /100 | #183 | Fair $101,417 |
Immigrants | Costa Rica | 33.7 /100 | #184 | Fair $101,354 |
Dutch | 31.9 /100 | #185 | Fair $101,192 |
Celtics | 31.3 /100 | #186 | Fair $101,139 |
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 |