Australian vs Immigrants from Northern Europe Median Family Income

The statistical analysis conducted on geographies consisting of 223,969,343 people shows no correlation between the proportion of Australians and median family income in the United States with a correlation coefficient (R) of -0.033 and weighted average of $118,440. Similarly, the statistical analysis conducted on geographies consisting of 476,742,479 people shows a weak negative correlation between the proportion of Immigrants from Northern Europe and median family income in the United States with a correlation coefficient (R) of -0.299 and weighted average of $121,840, a difference of 2.9%.

Median Family Income Correlation Summary

Measurement	Australian	Immigrants from Northern Europe
Minimum	$44,219	$26,250
Maximum	$250,001	$250,001
Range	$205,782	$223,751
Mean	$120,063	$139,082
Median	$107,342	$142,088
Interquartile 25% (IQ1)	$85,865	$96,250
Interquartile 75% (IQ3)	$139,651	$180,658
Interquartile Range (IQR)	$53,786	$84,408
Standard Deviation (Sample)	$45,096	$55,193
Standard Deviation (Population)	$44,699	$54,689

Demographics Similar to Australians and Immigrants from Northern Europe by Median Family Income

In terms of median family income, the demographic groups most similar to Australians are Immigrants from Turkey ($118,325, a difference of 0.10%), Israeli ($118,577, a difference of 0.12%), Immigrants from Asia ($118,291, a difference of 0.13%), Immigrants from Lithuania ($118,053, a difference of 0.33%), and Soviet Union ($119,262, a difference of 0.69%). Similarly, the demographic groups most similar to Immigrants from Northern Europe are Turkish ($121,202, a difference of 0.53%), Immigrants from Sweden ($122,765, a difference of 0.76%), Immigrants from Japan ($122,764, a difference of 0.76%), Immigrants from Korea ($122,800, a difference of 0.79%), and Immigrants from Switzerland ($120,726, a difference of 0.92%).

Demographics	Rating \| Rank	Median Family Income
Burmese	100.0 /100 \| #20	Exceptional $123,369
Immigrants \| Korea	100.0 /100 \| #21	Exceptional $122,800
Immigrants \| Sweden	100.0 /100 \| #22	Exceptional $122,765
Immigrants \| Japan	100.0 /100 \| #23	Exceptional $122,764
Immigrants \| Northern Europe	100.0 /100 \| #24	Exceptional $121,840
Turks	100.0 /100 \| #25	Exceptional $121,202
Immigrants \| Switzerland	100.0 /100 \| #26	Exceptional $120,726
Russians	100.0 /100 \| #27	Exceptional $120,487
Immigrants \| Denmark	100.0 /100 \| #28	Exceptional $120,445
Latvians	100.0 /100 \| #29	Exceptional $120,301
Immigrants \| Sri Lanka	100.0 /100 \| #30	Exceptional $120,263
Immigrants \| France	100.0 /100 \| #31	Exceptional $120,076
Asians	100.0 /100 \| #32	Exceptional $119,955
Bhutanese	100.0 /100 \| #33	Exceptional $119,800
Bolivians	100.0 /100 \| #34	Exceptional $119,479
Soviet Union	100.0 /100 \| #35	Exceptional $119,262
Israelis	100.0 /100 \| #36	Exceptional $118,577
Australians	100.0 /100 \| #37	Exceptional $118,440
Immigrants \| Turkey	100.0 /100 \| #38	Exceptional $118,325
Immigrants \| Asia	100.0 /100 \| #39	Exceptional $118,291
Immigrants \| Lithuania	100.0 /100 \| #40	Exceptional $118,053