Scandinavian vs Asian Median Family Income
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Scandinavian
Asian
Median Family Income
Median Family Income Comparison
Scandinavians
Asians
$104,410
MEDIAN FAMILY INCOME
70.8/ 100
METRIC RATING
158th/ 347
METRIC RANK
$119,955
MEDIAN FAMILY INCOME
100.0/ 100
METRIC RATING
32nd/ 347
METRIC RANK
Scandinavian vs Asian Median Family Income Correlation Chart
The statistical analysis conducted on geographies consisting of 472,034,552 people shows a poor negative correlation between the proportion of Scandinavians and median family income in the United States with a correlation coefficient (R) of -0.140 and weighted average of $104,410. Similarly, the statistical analysis conducted on geographies consisting of 549,758,807 people shows a mild positive correlation between the proportion of Asians and median family income in the United States with a correlation coefficient (R) of 0.364 and weighted average of $119,955, a difference of 14.9%.
Median Family Income Correlation Summary
| Measurement | Scandinavian | Asian |
| Minimum | $48,750 | $58,163 |
| Maximum | $186,250 | $250,001 |
| Range | $137,500 | $191,838 |
| Mean | $97,868 | $133,077 |
| Median | $98,046 | $128,500 |
| Interquartile 25% (IQ1) | $80,113 | $115,250 |
| Interquartile 75% (IQ3) | $106,098 | $150,323 |
| Interquartile Range (IQR) | $25,985 | $35,073 |
| Standard Deviation (Sample) | $26,299 | $33,384 |
| Standard Deviation (Population) | $26,040 | $33,269 |
Similar Demographics by Median Family Income
Demographics Similar to Scandinavians by Median Family Income
In terms of median family income, the demographic groups most similar to Scandinavians are Swiss ($104,396, a difference of 0.010%), Moroccan ($104,488, a difference of 0.080%), Scottish ($104,288, a difference of 0.12%), Icelander ($104,282, a difference of 0.12%), and Basque ($104,760, a difference of 0.34%).
| Demographics | Rating | Rank | Median Family Income |
| Peruvians | 80.4 /100 | #151 | Excellent $105,444 |
| Immigrants | Albania | 79.1 /100 | #152 | Good $105,285 |
| Slavs | 77.9 /100 | #153 | Good $105,144 |
| Immigrants | Nepal | 76.3 /100 | #154 | Good $104,966 |
| Native Hawaiians | 75.8 /100 | #155 | Good $104,910 |
| Basques | 74.4 /100 | #156 | Good $104,760 |
| Moroccans | 71.6 /100 | #157 | Good $104,488 |
| Scandinavians | 70.8 /100 | #158 | Good $104,410 |
| Swiss | 70.7 /100 | #159 | Good $104,396 |
| Scottish | 69.5 /100 | #160 | Good $104,288 |
| Icelanders | 69.4 /100 | #161 | Good $104,282 |
| Immigrants | Sierra Leone | 66.2 /100 | #162 | Good $103,990 |
| Costa Ricans | 66.2 /100 | #163 | Good $103,989 |
| Sierra Leoneans | 64.7 /100 | #164 | Good $103,859 |
| Slovaks | 63.1 /100 | #165 | Good $103,729 |
Demographics Similar to Asians by Median Family Income
In terms of median family income, the demographic groups most similar to Asians are Immigrants from France ($120,076, a difference of 0.10%), Bhutanese ($119,800, a difference of 0.13%), Immigrants from Sri Lanka ($120,263, a difference of 0.26%), Latvian ($120,301, a difference of 0.29%), and Bolivian ($119,479, a difference of 0.40%).
| Demographics | Rating | Rank | Median Family Income |
| 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 |
| Immigrants | Asia | 100.0 /100 | #39 | Exceptional $118,291 |