Scandinavian vs Immigrants from Cabo Verde Median Family Income

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 38,130,720 people shows a weak negative correlation between the proportion of Immigrants from Cabo Verde and median family income in the United States with a correlation coefficient (R) of -0.261 and weighted average of $87,830, a difference of 18.9%.

Median Family Income Correlation Summary

Measurement	Scandinavian	Immigrants from Cabo Verde
Minimum	$48,750	$41,875
Maximum	$186,250	$161,685
Range	$137,500	$119,810
Mean	$97,868	$92,155
Median	$98,046	$93,152
Interquartile 25% (IQ1)	$80,113	$73,200
Interquartile 75% (IQ3)	$106,098	$111,657
Interquartile Range (IQR)	$25,985	$38,457
Standard Deviation (Sample)	$26,299	$25,505
Standard Deviation (Population)	$26,040	$25,254

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 Immigrants from Cabo Verde by Median Family Income

In terms of median family income, the demographic groups most similar to Immigrants from Cabo Verde are African ($87,820, a difference of 0.010%), Shoshone ($87,872, a difference of 0.050%), Central American Indian ($88,034, a difference of 0.23%), Ute ($87,596, a difference of 0.27%), and Cherokee ($88,209, a difference of 0.43%).

Demographics	Rating \| Rank	Median Family Income
Indonesians	0.1 /100 \| #284	Tragic $88,301
Guatemalans	0.1 /100 \| #285	Tragic $88,295
Immigrants \| Nicaragua	0.1 /100 \| #286	Tragic $88,267
Potawatomi	0.1 /100 \| #287	Tragic $88,265
Cherokee	0.1 /100 \| #288	Tragic $88,209
Central American Indians	0.1 /100 \| #289	Tragic $88,034
Shoshone	0.1 /100 \| #290	Tragic $87,872
Immigrants \| Cabo Verde	0.1 /100 \| #291	Tragic $87,830
Africans	0.1 /100 \| #292	Tragic $87,820
Ute	0.0 /100 \| #293	Tragic $87,596
Fijians	0.0 /100 \| #294	Tragic $87,387
Yaqui	0.0 /100 \| #295	Tragic $87,289
Immigrants \| Guatemala	0.0 /100 \| #296	Tragic $87,191
Cajuns	0.0 /100 \| #297	Tragic $87,157
Immigrants \| Latin America	0.0 /100 \| #298	Tragic $86,989