Scandinavian vs Immigrants from Ecuador 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 270,846,171 people shows a slight negative correlation between the proportion of Immigrants from Ecuador and median family income in the United States with a correlation coefficient (R) of -0.066 and weighted average of $92,837, a difference of 12.5%.

Median Family Income Correlation Summary

Measurement	Scandinavian	Immigrants from Ecuador
Minimum	$48,750	$53,750
Maximum	$186,250	$159,896
Range	$137,500	$106,146
Mean	$97,868	$95,020
Median	$98,046	$92,088
Interquartile 25% (IQ1)	$80,113	$80,966
Interquartile 75% (IQ3)	$106,098	$102,770
Interquartile Range (IQR)	$25,985	$21,804
Standard Deviation (Sample)	$26,299	$22,898
Standard Deviation (Population)	$26,040	$22,647

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 Ecuador by Median Family Income

In terms of median family income, the demographic groups most similar to Immigrants from Ecuador are French American Indian ($92,872, a difference of 0.040%), Immigrants from Senegal ($92,912, a difference of 0.080%), West Indian ($92,765, a difference of 0.080%), Immigrants from Somalia ($92,609, a difference of 0.25%), and Immigrants from El Salvador ($92,545, a difference of 0.32%).

Demographics	Rating \| Rank	Median Family Income
Barbadians	1.1 /100 \| #242	Tragic $93,919
German Russians	1.1 /100 \| #243	Tragic $93,858
Sub-Saharan Africans	1.0 /100 \| #244	Tragic $93,748
Immigrants \| Middle Africa	1.0 /100 \| #245	Tragic $93,593
Guyanese	0.9 /100 \| #246	Tragic $93,373
Immigrants \| Senegal	0.7 /100 \| #247	Tragic $92,912
French American Indians	0.7 /100 \| #248	Tragic $92,872
Immigrants \| Ecuador	0.7 /100 \| #249	Tragic $92,837
West Indians	0.6 /100 \| #250	Tragic $92,765
Immigrants \| Somalia	0.6 /100 \| #251	Tragic $92,609
Immigrants \| El Salvador	0.6 /100 \| #252	Tragic $92,545
Immigrants \| Guyana	0.6 /100 \| #253	Tragic $92,513
Immigrants \| Barbados	0.5 /100 \| #254	Tragic $92,419
Immigrants \| Laos	0.5 /100 \| #255	Tragic $92,239
Nicaraguans	0.5 /100 \| #256	Tragic $92,231