Scandinavian vs Israeli 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 211,224,844 people shows a mild negative correlation between the proportion of Israelis and per capita income in the United States with a correlation coefficient (R) of -0.312 and weighted average of $52,596, a difference of 20.0%.

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 Israelis are Latvian ($52,649, a difference of 0.10%), Immigrants from South Central Asia ($52,660, a difference of 0.12%), Immigrants from Austria ($52,503, a difference of 0.18%), Turkish ($52,391, a difference of 0.39%), and Immigrants from Norway ($52,217, a difference of 0.73%).