Swedish vs Immigrants from South America Median Household Income

The statistical analysis conducted on geographies consisting of 538,472,836 people shows a significant negative correlation between the proportion of Swedes and median household income in the United States with a correlation coefficient (R) of -0.663 and weighted average of $88,524. Similarly, the statistical analysis conducted on geographies consisting of 485,852,946 people shows a slight negative correlation between the proportion of Immigrants from South America and median household income in the United States with a correlation coefficient (R) of -0.063 and weighted average of $85,611, a difference of 3.4%.

Median Household Income Correlation Summary

Measurement	Swedish	Immigrants from South America
Minimum	$14,107	$39,375
Maximum	$118,333	$155,583
Range	$104,226	$116,208
Mean	$75,217	$81,259
Median	$76,969	$81,529
Interquartile 25% (IQ1)	$67,408	$71,899
Interquartile 75% (IQ3)	$89,464	$90,608
Interquartile Range (IQR)	$22,056	$18,709
Standard Deviation (Sample)	$18,981	$17,852
Standard Deviation (Population)	$18,875	$17,766

Similar Demographics by Median Household Income

Demographics Similar to Swedes by Median Household Income

In terms of median household income, the demographic groups most similar to Swedes are Immigrants from Sierra Leone ($88,498, a difference of 0.030%), Polish ($88,472, a difference of 0.060%), Sierra Leonean ($88,463, a difference of 0.070%), Arab ($88,398, a difference of 0.14%), and Immigrants from Chile ($88,388, a difference of 0.15%).

Demographics	Rating \| Rank	Median Household Income
Immigrants \| Peru	92.5 /100 \| #127	Exceptional $89,010
Portuguese	92.3 /100 \| #128	Exceptional $88,976
Brazilians	92.1 /100 \| #129	Exceptional $88,934
British	92.0 /100 \| #130	Exceptional $88,914
Immigrants \| Syria	91.4 /100 \| #131	Exceptional $88,792
Europeans	91.2 /100 \| #132	Exceptional $88,751
Immigrants \| Ethiopia	90.9 /100 \| #133	Exceptional $88,687
Swedes	90.0 /100 \| #134	Exceptional $88,524
Immigrants \| Sierra Leone	89.9 /100 \| #135	Excellent $88,498
Poles	89.7 /100 \| #136	Excellent $88,472
Sierra Leoneans	89.6 /100 \| #137	Excellent $88,463
Arabs	89.2 /100 \| #138	Excellent $88,398
Immigrants \| Chile	89.2 /100 \| #139	Excellent $88,388
Lebanese	87.2 /100 \| #140	Excellent $88,091
Immigrants \| Morocco	86.0 /100 \| #141	Excellent $87,930

Demographics Similar to Immigrants from South America by Median Household Income

In terms of median household income, the demographic groups most similar to Immigrants from South America are Slovene ($85,562, a difference of 0.060%), Swiss ($85,681, a difference of 0.080%), Colombian ($85,716, a difference of 0.12%), Icelander ($85,797, a difference of 0.22%), and Immigrants ($85,818, a difference of 0.24%).

Demographics	Rating \| Rank	Median Household Income
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
Scottish	50.0 /100 \| #174	Average $85,101
Immigrants \| Costa Rica	49.2 /100 \| #175	Average $85,054
Alsatians	49.2 /100 \| #176	Average $85,053
Immigrants \| Eritrea	48.8 /100 \| #177	Average $85,025
Czechoslovakians	47.8 /100 \| #178	Average $84,965