Scandinavian vs Hispanic or Latino Per Capita Income

The statistical analysis conducted on geographies consisting of 472,676,138 people shows a poor negative correlation between the proportion of Scandinavians and per capita income in the United States with a correlation coefficient (R) of -0.176 and weighted average of $43,848. Similarly, the statistical analysis conducted on geographies consisting of 578,671,475 people shows a near-perfect negative correlation between the proportion of Hispanics or Latinos and per capita income in the United States with a correlation coefficient (R) of -0.936 and weighted average of $35,688, a difference of 22.9%.

In terms of per capita income, the demographic groups most similar to Scandinavians are Immigrants from Peru ($43,852, a difference of 0.010%), Immigrants from Eastern Africa ($43,838, a difference of 0.020%), Czechoslovakian ($43,806, a difference of 0.090%), Belgian ($43,951, a difference of 0.24%), and English ($43,982, a difference of 0.31%).

In terms of per capita income, the demographic groups most similar to Hispanics or Latinos are Immigrants from Congo ($35,720, a difference of 0.090%), Black/African American ($35,564, a difference of 0.35%), Creek ($35,546, a difference of 0.40%), Bangladeshi ($35,897, a difference of 0.59%), and Dutch West Indian ($35,922, a difference of 0.66%).