Immigrants from Asia vs Scandinavian Median Family Income

The statistical analysis conducted on geographies consisting of 548,079,334 people shows a weak positive correlation between the proportion of Immigrants from Asia and median family income in the United States with a correlation coefficient (R) of 0.238 and weighted average of $118,291. 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 13.3%.

Median Family Income Correlation Summary

Measurement	Immigrants from Asia	Scandinavian
Minimum	$58,163	$48,750
Maximum	$227,279	$186,250
Range	$169,116	$137,500
Mean	$129,737	$97,868
Median	$128,095	$98,046
Interquartile 25% (IQ1)	$109,196	$80,113
Interquartile 75% (IQ3)	$144,788	$106,098
Interquartile Range (IQR)	$35,592	$25,985
Standard Deviation (Sample)	$31,368	$26,299
Standard Deviation (Population)	$31,213	$26,040

Similar Demographics by Median Family Income

Demographics Similar to Immigrants from Asia by Median Family Income

In terms of median family income, the demographic groups most similar to Immigrants from Asia are Immigrants from Turkey ($118,325, a difference of 0.030%), Australian ($118,440, a difference of 0.13%), Immigrants from Lithuania ($118,053, a difference of 0.20%), Israeli ($118,577, a difference of 0.24%), and Estonian ($118,013, a difference of 0.24%).

Demographics	Rating \| Rank	Median Family Income
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
Estonians	100.0 /100 \| #41	Exceptional $118,013
Immigrants \| Bolivia	100.0 /100 \| #42	Exceptional $117,912
Bulgarians	100.0 /100 \| #43	Exceptional $117,818
Cambodians	100.0 /100 \| #44	Exceptional $117,780
Immigrants \| Greece	99.9 /100 \| #45	Exceptional $117,344
Immigrants \| Russia	99.9 /100 \| #46	Exceptional $116,942

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