American vs Scandinavian Median Family Income
COMPARE
American
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Scandinavian
✖
Median Family Income
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Median Family Income Comparison
Americans
Scandinavians
$92,096
MEDIAN FAMILY INCOME
0.4/ 100
METRIC RATING
257th/ 347
METRIC RANK
$104,410
MEDIAN FAMILY INCOME
70.8/ 100
METRIC RATING
158th/ 347
METRIC RANK
American vs Scandinavian Median Family Income Correlation Chart
The statistical analysis conducted on geographies consisting of 580,248,843 people shows a mild negative correlation between the proportion of Americans and median family income in the United States with a correlation coefficient (R) of -0.326 and weighted average of $92,096. 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 13.4%.
Median Family Income Correlation Summary
| Measurement | American | Scandinavian |
| Minimum | $2,499 | $48,750 |
| Maximum | $139,235 | $186,250 |
| Range | $136,736 | $137,500 |
| Mean | $73,235 | $97,868 |
| Median | $70,309 | $98,046 |
| Interquartile 25% (IQ1) | $63,060 | $80,113 |
| Interquartile 75% (IQ3) | $81,871 | $106,098 |
| Interquartile Range (IQR) | $18,811 | $25,985 |
| Standard Deviation (Sample) | $18,957 | $26,299 |
| Standard Deviation (Population) | $18,897 | $26,040 |
Similar Demographics by Median Family Income
Demographics Similar to Americans by Median Family Income
In terms of median family income, the demographic groups most similar to Americans are Nicaraguan ($92,231, a difference of 0.15%), Immigrants from Laos ($92,239, a difference of 0.16%), Osage ($91,926, a difference of 0.19%), Cape Verdean ($91,848, a difference of 0.27%), and Immigrants from Barbados ($92,419, a difference of 0.35%).
| Demographics | Rating | Rank | Median Family Income |
| West Indians | 0.6 /100 | #250 | Tragic $92,765 |
| Immigrants | Somalia | 0.6 /100 | #251 | Tragic $92,609 |
| Immigrants | El Salvador | 0.6 /100 | #252 | Tragic $92,545 |
| Immigrants | Guyana | 0.6 /100 | #253 | Tragic $92,513 |
| Immigrants | Barbados | 0.5 /100 | #254 | Tragic $92,419 |
| Immigrants | Laos | 0.5 /100 | #255 | Tragic $92,239 |
| Nicaraguans | 0.5 /100 | #256 | Tragic $92,231 |
| Americans | 0.4 /100 | #257 | Tragic $92,096 |
| Osage | 0.4 /100 | #258 | Tragic $91,926 |
| Cape Verdeans | 0.4 /100 | #259 | Tragic $91,848 |
| Pennsylvania Germans | 0.4 /100 | #260 | Tragic $91,763 |
| Inupiat | 0.4 /100 | #261 | Tragic $91,730 |
| Liberians | 0.4 /100 | #262 | Tragic $91,722 |
| Immigrants | West Indies | 0.3 /100 | #263 | Tragic $91,588 |
| Senegalese | 0.3 /100 | #264 | Tragic $91,475 |
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 |