Australian vs Immigrants from Northern Europe Householder Income Over 65 years

The statistical analysis conducted on geographies consisting of 223,634,987 people shows a weak negative correlation between the proportion of Australians and household income with householder over the age of 65 in the United States with a correlation coefficient (R) of -0.250 and weighted average of $66,891. Similarly, the statistical analysis conducted on geographies consisting of 475,347,578 people shows a moderate negative correlation between the proportion of Immigrants from Northern Europe and household income with householder over the age of 65 in the United States with a correlation coefficient (R) of -0.428 and weighted average of $69,003, a difference of 3.2%.

Householder Income Over 65 years Correlation Summary

Measurement	Australian	Immigrants from Northern Europe
Minimum	$13,929	$16,875
Maximum	$156,341	$168,214
Range	$142,412	$151,339
Mean	$67,933	$86,244
Median	$66,111	$87,597
Interquartile 25% (IQ1)	$49,254	$66,142
Interquartile 75% (IQ3)	$80,198	$106,144
Interquartile Range (IQR)	$30,944	$40,003
Standard Deviation (Sample)	$25,877	$29,698
Standard Deviation (Population)	$25,612	$29,393

Demographics Similar to Australians and Immigrants from Northern Europe by Householder Income Over 65 years

In terms of householder income over 65 years, the demographic groups most similar to Australians are Cambodian ($66,892, a difference of 0.0%), Immigrants from France ($66,826, a difference of 0.10%), Immigrants from Afghanistan ($67,007, a difference of 0.17%), Immigrants from South Africa ($67,234, a difference of 0.51%), and Latvian ($67,326, a difference of 0.65%). Similarly, the demographic groups most similar to Immigrants from Northern Europe are Afghan ($68,951, a difference of 0.070%), Immigrants from Australia ($69,164, a difference of 0.23%), Immigrants from China ($69,174, a difference of 0.25%), Asian ($68,822, a difference of 0.26%), and Immigrants from Denmark ($68,801, a difference of 0.29%).

Demographics	Rating \| Rank	Householder Income Over 65 years
Immigrants \| China	100.0 /100 \| #28	Exceptional $69,174
Immigrants \| Australia	100.0 /100 \| #29	Exceptional $69,164
Immigrants \| Northern Europe	100.0 /100 \| #30	Exceptional $69,003
Afghans	100.0 /100 \| #31	Exceptional $68,951
Asians	100.0 /100 \| #32	Exceptional $68,822
Immigrants \| Denmark	100.0 /100 \| #33	Exceptional $68,801
Immigrants \| Ireland	100.0 /100 \| #34	Exceptional $68,495
Tongans	100.0 /100 \| #35	Exceptional $68,235
Immigrants \| Austria	99.9 /100 \| #36	Exceptional $68,208
Turks	99.9 /100 \| #37	Exceptional $68,037
Estonians	99.9 /100 \| #38	Exceptional $67,926
Russians	99.9 /100 \| #39	Exceptional $67,626
Immigrants \| Asia	99.9 /100 \| #40	Exceptional $67,594
Koreans	99.9 /100 \| #41	Exceptional $67,472
New Zealanders	99.9 /100 \| #42	Exceptional $67,333
Latvians	99.9 /100 \| #43	Exceptional $67,326
Immigrants \| South Africa	99.9 /100 \| #44	Exceptional $67,234
Immigrants \| Afghanistan	99.8 /100 \| #45	Exceptional $67,007
Cambodians	99.8 /100 \| #46	Exceptional $66,892
Australians	99.8 /100 \| #47	Exceptional $66,891
Immigrants \| France	99.8 /100 \| #48	Exceptional $66,826