Scandinavian vs White/Caucasian 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 585,276,990 people shows a strong positive correlation between the proportion of Whites/Caucasians and per capita income in the United States with a correlation coefficient (R) of 0.779 and weighted average of $42,180, a difference of 4.0%.

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 Whites/Caucasians are Ghanaian ($42,164, a difference of 0.040%), Aleut ($42,210, a difference of 0.070%), Spanish ($42,249, a difference of 0.16%), Immigrants from Bosnia and Herzegovina ($42,278, a difference of 0.23%), and Venezuelan ($42,074, a difference of 0.25%).