Scandinavian vs Immigrants from Latin America Median Earnings

The statistical analysis conducted on geographies consisting of 472,554,301 people shows a poor negative correlation between the proportion of Scandinavians and median earnings in the United States with a correlation coefficient (R) of -0.164 and weighted average of $46,433. Similarly, the statistical analysis conducted on geographies consisting of 558,378,715 people shows a strong negative correlation between the proportion of Immigrants from Latin America and median earnings in the United States with a correlation coefficient (R) of -0.721 and weighted average of $41,049, a difference of 13.1%.

Median Earnings Correlation Summary

Measurement	Scandinavian	Immigrants from Latin America
Minimum	$2,499	$9,917
Maximum	$129,652	$51,911
Range	$127,153	$41,994
Mean	$43,051	$36,860
Median	$44,555	$35,939
Interquartile 25% (IQ1)	$34,442	$33,290
Interquartile 75% (IQ3)	$48,536	$40,442
Interquartile Range (IQR)	$14,094	$7,152
Standard Deviation (Sample)	$16,928	$6,579
Standard Deviation (Population)	$16,786	$6,556

Similar Demographics by Median Earnings

Demographics Similar to Scandinavians by Median Earnings

In terms of median earnings, the demographic groups most similar to Scandinavians are Ghanaian ($46,440, a difference of 0.020%), Scottish ($46,463, a difference of 0.060%), Kenyan ($46,462, a difference of 0.060%), Basque ($46,399, a difference of 0.070%), and Danish ($46,392, a difference of 0.090%).

Demographics	Rating \| Rank	Median Earnings
Costa Ricans	57.4 /100 \| #167	Average $46,645
Immigrants \| Africa	54.6 /100 \| #168	Average $46,564
Immigrants \| South America	54.0 /100 \| #169	Average $46,548
Immigrants \| Immigrants	51.6 /100 \| #170	Average $46,478
Scottish	51.1 /100 \| #171	Average $46,463
Kenyans	51.0 /100 \| #172	Average $46,462
Ghanaians	50.3 /100 \| #173	Average $46,440
Scandinavians	50.0 /100 \| #174	Average $46,433
Basques	48.8 /100 \| #175	Average $46,399
Danes	48.6 /100 \| #176	Average $46,392
Belgians	48.0 /100 \| #177	Average $46,375
Colombians	47.1 /100 \| #178	Average $46,349
English	46.5 /100 \| #179	Average $46,334
Puget Sound Salish	46.5 /100 \| #180	Average $46,333
Immigrants \| Cameroon	46.4 /100 \| #181	Average $46,329

Demographics Similar to Immigrants from Latin America by Median Earnings

In terms of median earnings, the demographic groups most similar to Immigrants from Latin America are Ute ($41,051, a difference of 0.010%), Immigrants from Caribbean ($41,119, a difference of 0.17%), Immigrants from Micronesia ($41,133, a difference of 0.20%), Shoshone ($40,932, a difference of 0.29%), and Haitian ($40,918, a difference of 0.32%).

Demographics	Rating \| Rank	Median Earnings
Potawatomi	0.1 /100 \| #294	Tragic $41,288
Bangladeshis	0.1 /100 \| #295	Tragic $41,263
Cherokee	0.1 /100 \| #296	Tragic $41,252
Guatemalans	0.1 /100 \| #297	Tragic $41,205
Immigrants \| Micronesia	0.1 /100 \| #298	Tragic $41,133
Immigrants \| Caribbean	0.1 /100 \| #299	Tragic $41,119
Ute	0.1 /100 \| #300	Tragic $41,051
Immigrants \| Latin America	0.1 /100 \| #301	Tragic $41,049
Shoshone	0.0 /100 \| #302	Tragic $40,932
Haitians	0.0 /100 \| #303	Tragic $40,918
Immigrants \| Guatemala	0.0 /100 \| #304	Tragic $40,851
Chickasaw	0.0 /100 \| #305	Tragic $40,672
Yaqui	0.0 /100 \| #306	Tragic $40,647
Hondurans	0.0 /100 \| #307	Tragic $40,638
Cubans	0.0 /100 \| #308	Tragic $40,619