Immigrants from Denmark vs Latvian Median Family Income

The statistical analysis conducted on geographies consisting of 136,397,640 people shows a weak negative correlation between the proportion of Immigrants from Denmark and median family income in the United States with a correlation coefficient (R) of -0.206 and weighted average of $120,445. Similarly, the statistical analysis conducted on geographies consisting of 220,626,536 people shows a moderate negative correlation between the proportion of Latvians and median family income in the United States with a correlation coefficient (R) of -0.402 and weighted average of $120,301, a difference of 0.12%.

Median Family Income Correlation Summary

Measurement	Immigrants from Denmark	Latvian
Minimum	$36,611	$41,641
Maximum	$250,001	$207,328
Range	$213,390	$165,687
Mean	$116,902	$114,631
Median	$112,401	$116,635
Interquartile 25% (IQ1)	$81,504	$80,254
Interquartile 75% (IQ3)	$144,309	$139,118
Interquartile Range (IQR)	$62,805	$58,864
Standard Deviation (Sample)	$49,223	$40,043
Standard Deviation (Population)	$48,535	$39,714

Demographics Similar to Immigrants from Denmark and Latvians by Median Family Income

In terms of median family income, the demographic groups most similar to Immigrants from Denmark are Russian ($120,487, a difference of 0.040%), Immigrants from Sri Lanka ($120,263, a difference of 0.15%), Immigrants from Switzerland ($120,726, a difference of 0.23%), Immigrants from France ($120,076, a difference of 0.31%), and Asian ($119,955, a difference of 0.41%). Similarly, the demographic groups most similar to Latvians are Immigrants from Sri Lanka ($120,263, a difference of 0.030%), Russian ($120,487, a difference of 0.15%), Immigrants from France ($120,076, a difference of 0.19%), Asian ($119,955, a difference of 0.29%), and Immigrants from Switzerland ($120,726, a difference of 0.35%).

Demographics	Rating \| Rank	Median Family Income
Immigrants \| Eastern Asia	100.0 /100 \| #18	Exceptional $125,150
Immigrants \| Belgium	100.0 /100 \| #19	Exceptional $123,831
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