Nicaraguan vs Swedish Median Household Income

The statistical analysis conducted on geographies consisting of 285,567,751 people shows a moderate negative correlation between the proportion of Nicaraguans and median household income in the United States with a correlation coefficient (R) of -0.455 and weighted average of $79,737. Similarly, the statistical analysis conducted on geographies consisting of 538,472,836 people shows a significant negative correlation between the proportion of Swedes and median household income in the United States with a correlation coefficient (R) of -0.663 and weighted average of $88,524, a difference of 11.0%.

In terms of median household income, the demographic groups most similar to Nicaraguans are Barbadian ($79,664, a difference of 0.090%), Immigrants from Bosnia and Herzegovina ($79,888, a difference of 0.19%), Alaska Native ($79,509, a difference of 0.29%), Immigrants from Western Africa ($79,490, a difference of 0.31%), and Nonimmigrants ($79,429, a difference of 0.39%).

In terms of median household income, the demographic groups most similar to Swedes are Immigrants from Sierra Leone ($88,498, a difference of 0.030%), Polish ($88,472, a difference of 0.060%), Sierra Leonean ($88,463, a difference of 0.070%), Arab ($88,398, a difference of 0.14%), and Immigrants from Chile ($88,388, a difference of 0.15%).