Northern European vs Serbian Median Family Income

The statistical analysis conducted on geographies consisting of 405,831,688 people shows a slight negative correlation between the proportion of Northern Europeans and median family income in the United States with a correlation coefficient (R) of -0.088 and weighted average of $110,635. Similarly, the statistical analysis conducted on geographies consisting of 267,482,647 people shows a poor negative correlation between the proportion of Serbians and median family income in the United States with a correlation coefficient (R) of -0.162 and weighted average of $107,157, a difference of 3.3%.

In terms of median family income, the demographic groups most similar to Northern Europeans are Immigrants from Southern Europe ($110,614, a difference of 0.020%), Immigrants from Argentina ($110,873, a difference of 0.21%), Immigrants from Lebanon ($110,159, a difference of 0.43%), Immigrants from Kazakhstan ($110,137, a difference of 0.45%), and Korean ($110,103, a difference of 0.48%).

In terms of median family income, the demographic groups most similar to Serbians are Lebanese ($107,086, a difference of 0.070%), Taiwanese ($107,295, a difference of 0.13%), Immigrants from Ethiopia ($106,969, a difference of 0.18%), Arab ($106,952, a difference of 0.19%), and Brazilian ($106,942, a difference of 0.20%).