Scandinavian vs Immigrants from Latvia 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 113,739,608 people shows a weak negative correlation between the proportion of Immigrants from Latvia and per capita income in the United States with a correlation coefficient (R) of -0.232 and weighted average of $50,914, a difference of 16.1%.

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 Immigrants from Latvia are Bulgarian ($50,906, a difference of 0.020%), Immigrants from Spain ($50,933, a difference of 0.040%), Immigrants from Europe ($50,950, a difference of 0.070%), Immigrants from Serbia ($50,810, a difference of 0.21%), and New Zealander ($50,575, a difference of 0.67%).