Scandinavian Householder Income Under 25 years

The statistical analysis conducted on geographies consisting of 386,584,179 people shows a mild negative correlation between the proportion of Scandinavians and household income with householder under the age of 25 in the United States with a correlation coefficient (R) of -0.342 and weighted average of $52,654. On average, for every 1% (one percent) increase in Scandinavians within a typical geography, there is a decrease of $1,043 in household income with householder under the age of 25.

It is essential to understand that the correlation between the percentage of Scandinavians and household income with householder under the age of 25 does not imply a direct cause-and-effect relationship. It remains uncertain whether the presence of Scandinavians influences an upward or downward trend in the level of household income with householder under the age of 25 within an area, or if Scandinavians simply ended up residing in those areas with higher or lower levels of household income with householder under the age of 25 due to other factors.

In terms of householder income under 25 years, the demographic groups most similar to Scandinavians are Immigrants from Costa Rica ($52,643, a difference of 0.020%), French Canadian ($52,672, a difference of 0.030%), Immigrants from Scotland ($52,638, a difference of 0.030%), Trinidadian and Tobagonian ($52,631, a difference of 0.040%), and Central American ($52,626, a difference of 0.050%).