Italian vs Scandinavian Median Household Income

The statistical analysis conducted on geographies consisting of 573,867,135 people shows a poor negative correlation between the proportion of Italians and median household income in the United States with a correlation coefficient (R) of -0.104 and weighted average of $92,475. Similarly, the statistical analysis conducted on geographies consisting of 472,110,165 people shows a poor positive correlation between the proportion of Scandinavians and median household income in the United States with a correlation coefficient (R) of 0.188 and weighted average of $86,073, a difference of 7.4%.

In terms of median household income, the demographic groups most similar to Italians are Immigrants from Argentina ($92,417, a difference of 0.060%), Immigrants from Croatia ($92,225, a difference of 0.27%), Immigrants from Spain ($92,732, a difference of 0.28%), Immigrants from England ($92,098, a difference of 0.41%), and Immigrants from Hungary ($92,094, a difference of 0.41%).

In terms of median household income, the demographic groups most similar to Scandinavians are Norwegian ($86,084, a difference of 0.010%), Irish ($86,145, a difference of 0.080%), Czech ($86,164, a difference of 0.11%), Guamanian/Chamorro ($86,255, a difference of 0.21%), and Immigrants ($85,818, a difference of 0.30%).