Northern European vs Latvian Per Capita Income
COMPARE
Northern European
Latvian
Per Capita Income
Per Capita Income Comparison
Northern Europeans
Latvians
$47,698
PER CAPITA INCOME
98.9/ 100
METRIC RATING
89th/ 347
METRIC RANK
$52,649
PER CAPITA INCOME
100.0/ 100
METRIC RATING
28th/ 347
METRIC RANK
Northern European vs Latvian Per Capita Income Correlation Chart
The statistical analysis conducted on geographies consisting of 406,105,495 people shows a weak negative correlation between the proportion of Northern Europeans and per capita income in the United States with a correlation coefficient (R) of -0.282 and weighted average of $47,698. Similarly, the statistical analysis conducted on geographies consisting of 220,728,386 people shows a weak negative correlation between the proportion of Latvians and per capita income in the United States with a correlation coefficient (R) of -0.257 and weighted average of $52,649, a difference of 10.4%.
Per Capita Income Correlation Summary
| Measurement | Northern European | Latvian |
| Minimum | $26,062 | $3,646 |
| Maximum | $80,940 | $115,504 |
| Range | $54,878 | $111,858 |
| Mean | $45,254 | $51,165 |
| Median | $43,430 | $52,046 |
| Interquartile 25% (IQ1) | $36,923 | $36,086 |
| Interquartile 75% (IQ3) | $53,441 | $65,124 |
| Interquartile Range (IQR) | $16,518 | $29,038 |
| Standard Deviation (Sample) | $12,375 | $21,773 |
| Standard Deviation (Population) | $12,250 | $21,617 |
Similar Demographics by Per Capita Income
Demographics Similar to Northern Europeans by Per Capita Income
In terms of per capita income, the demographic groups most similar to Northern Europeans are Croatian ($47,742, a difference of 0.090%), Italian ($47,574, a difference of 0.26%), Macedonian ($47,573, a difference of 0.26%), Immigrants from Moldova ($47,489, a difference of 0.44%), and Immigrants from Zimbabwe ($47,394, a difference of 0.64%).
| Demographics | Rating | Rank | Per Capita Income |
| Immigrants | Indonesia | 99.4 /100 | #82 | Exceptional $48,195 |
| Immigrants | Brazil | 99.4 /100 | #83 | Exceptional $48,164 |
| Immigrants | Ukraine | 99.3 /100 | #84 | Exceptional $48,134 |
| Austrians | 99.3 /100 | #85 | Exceptional $48,116 |
| Immigrants | Southern Europe | 99.3 /100 | #86 | Exceptional $48,027 |
| Ukrainians | 99.3 /100 | #87 | Exceptional $48,014 |
| Croatians | 99.0 /100 | #88 | Exceptional $47,742 |
| Northern Europeans | 98.9 /100 | #89 | Exceptional $47,698 |
| Italians | 98.8 /100 | #90 | Exceptional $47,574 |
| Macedonians | 98.8 /100 | #91 | Exceptional $47,573 |
| Immigrants | Moldova | 98.7 /100 | #92 | Exceptional $47,489 |
| Immigrants | Zimbabwe | 98.5 /100 | #93 | Exceptional $47,394 |
| Albanians | 98.5 /100 | #94 | Exceptional $47,379 |
| Immigrants | Egypt | 98.5 /100 | #95 | Exceptional $47,361 |
| Alsatians | 98.3 /100 | #96 | Exceptional $47,284 |
Demographics Similar to Latvians by Per Capita Income
In terms of per capita income, the demographic groups most similar to Latvians are Immigrants from South Central Asia ($52,660, a difference of 0.020%), Israeli ($52,596, a difference of 0.10%), Immigrants from Austria ($52,503, a difference of 0.28%), Turkish ($52,391, a difference of 0.49%), and Immigrants from Norway ($52,217, a difference of 0.83%).
| Demographics | Rating | Rank | Per Capita Income |
| Immigrants | Northern Europe | 100.0 /100 | #21 | Exceptional $54,159 |
| Indians (Asian) | 100.0 /100 | #22 | Exceptional $53,874 |
| Immigrants | Eastern Asia | 100.0 /100 | #23 | Exceptional $53,806 |
| Immigrants | Denmark | 100.0 /100 | #24 | Exceptional $53,799 |
| Immigrants | Japan | 100.0 /100 | #25 | Exceptional $53,359 |
| Russians | 100.0 /100 | #26 | Exceptional $53,154 |
| Immigrants | South Central Asia | 100.0 /100 | #27 | Exceptional $52,660 |
| Latvians | 100.0 /100 | #28 | Exceptional $52,649 |
| Israelis | 100.0 /100 | #29 | Exceptional $52,596 |
| Immigrants | Austria | 100.0 /100 | #30 | Exceptional $52,503 |
| Turks | 100.0 /100 | #31 | Exceptional $52,391 |
| Immigrants | Norway | 100.0 /100 | #32 | Exceptional $52,217 |
| Australians | 100.0 /100 | #33 | Exceptional $52,074 |
| Immigrants | Russia | 100.0 /100 | #34 | Exceptional $52,044 |
| Burmese | 100.0 /100 | #35 | Exceptional $52,005 |