Scandinavian vs Latvian Median Household Income
COMPARE
Scandinavian
Latvian
Median Household Income
Median Household Income Comparison
Scandinavians
Latvians
$86,073
MEDIAN HOUSEHOLD INCOME
65.1/ 100
METRIC RATING
166th/ 347
METRIC RANK
$97,311
MEDIAN HOUSEHOLD INCOME
100.0/ 100
METRIC RATING
37th/ 347
METRIC RANK
Scandinavian vs Latvian Median Household Income Correlation Chart
The statistical analysis conducted on geographies consisting of 472,110,165 people shows a poor positive correlation between the proportion of Scandinavians and median household income in the United States with a correlation coefficient (R) of 0.188 and weighted average of $86,073. Similarly, the statistical analysis conducted on geographies consisting of 220,635,560 people shows a mild negative correlation between the proportion of Latvians and median household income in the United States with a correlation coefficient (R) of -0.349 and weighted average of $97,311, a difference of 13.1%.
Median Household Income Correlation Summary
| Measurement | Scandinavian | Latvian |
| Minimum | $35,625 | $36,528 |
| Maximum | $250,001 | $187,593 |
| Range | $214,376 | $151,065 |
| Mean | $90,420 | $95,169 |
| Median | $84,951 | $96,299 |
| Interquartile 25% (IQ1) | $72,386 | $60,583 |
| Interquartile 75% (IQ3) | $92,885 | $122,068 |
| Interquartile Range (IQR) | $20,499 | $61,485 |
| Standard Deviation (Sample) | $37,436 | $38,310 |
| Standard Deviation (Population) | $37,118 | $38,014 |
Similar Demographics by Median Household Income
Demographics Similar to Scandinavians by Median Household Income
In terms of median household income, the demographic groups most similar to Scandinavians are Norwegian ($86,084, a difference of 0.010%), Irish ($86,145, a difference of 0.080%), Czech ($86,164, a difference of 0.11%), Guamanian/Chamorro ($86,255, a difference of 0.21%), and Immigrants ($85,818, a difference of 0.30%).
| Demographics | Rating | Rank | Median Household Income |
| Immigrants | Uzbekistan | 70.1 /100 | #159 | Good $86,425 |
| Luxembourgers | 70.0 /100 | #160 | Good $86,418 |
| Slavs | 69.7 /100 | #161 | Good $86,398 |
| Guamanians/Chamorros | 67.7 /100 | #162 | Good $86,255 |
| Czechs | 66.4 /100 | #163 | Good $86,164 |
| Irish | 66.2 /100 | #164 | Good $86,145 |
| Norwegians | 65.3 /100 | #165 | Good $86,084 |
| Scandinavians | 65.1 /100 | #166 | Good $86,073 |
| Immigrants | Immigrants | 61.3 /100 | #167 | Good $85,818 |
| Icelanders | 61.0 /100 | #168 | Good $85,797 |
| Colombians | 59.7 /100 | #169 | Average $85,716 |
| Swiss | 59.2 /100 | #170 | Average $85,681 |
| Immigrants | South America | 58.1 /100 | #171 | Average $85,611 |
| Slovenes | 57.4 /100 | #172 | Average $85,562 |
| Immigrants | Cameroon | 53.4 /100 | #173 | Average $85,314 |
Demographics Similar to Latvians by Median Household Income
In terms of median household income, the demographic groups most similar to Latvians are Immigrants from Indonesia ($97,297, a difference of 0.010%), Immigrants from Pakistan ($97,528, a difference of 0.22%), Afghan ($97,026, a difference of 0.29%), Maltese ($97,015, a difference of 0.31%), and Immigrants from Turkey ($96,964, a difference of 0.36%).
| Demographics | Rating | Rank | Median Household Income |
| Immigrants | Northern Europe | 100.0 /100 | #30 | Exceptional $99,813 |
| Turks | 100.0 /100 | #31 | Exceptional $99,389 |
| Immigrants | Denmark | 100.0 /100 | #32 | Exceptional $98,510 |
| Chinese | 100.0 /100 | #33 | Exceptional $98,496 |
| Russians | 100.0 /100 | #34 | Exceptional $98,008 |
| Immigrants | Switzerland | 100.0 /100 | #35 | Exceptional $97,979 |
| Immigrants | Pakistan | 100.0 /100 | #36 | Exceptional $97,528 |
| Latvians | 100.0 /100 | #37 | Exceptional $97,311 |
| Immigrants | Indonesia | 100.0 /100 | #38 | Exceptional $97,297 |
| Afghans | 100.0 /100 | #39 | Exceptional $97,026 |
| Maltese | 100.0 /100 | #40 | Exceptional $97,015 |
| Immigrants | Turkey | 100.0 /100 | #41 | Exceptional $96,964 |
| Immigrants | Lithuania | 99.9 /100 | #42 | Exceptional $96,836 |
| Immigrants | France | 99.9 /100 | #43 | Exceptional $96,743 |
| Immigrants | Greece | 99.9 /100 | #44 | Exceptional $96,675 |