Scandinavian Median Family Income
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Median Family Income
Scandinavian Median Family Income
$104,410
FAMILY INCOME
70.8/ 100
METRIC RATING
158th/ 347
METRIC RANK
Scandinavian Median Family Income Correlation Chart
The statistical analysis conducted on geographies consisting of 472,034,552 people shows a poor negative correlation between the proportion of Scandinavians and median family income in the United States with a correlation coefficient (R) of -0.140 and weighted average of $104,410. On average, for every 1% (one percent) increase in Scandinavians within a typical geography, there is a decrease of $364 in median family income.
It is essential to understand that the correlation between the percentage of Scandinavians and median family income 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 median family income within an area, or if Scandinavians simply ended up residing in those areas with higher or lower levels of median family income due to other factors.
Demographics Similar to Scandinavians by Median Family Income
In terms of median family income, the demographic groups most similar to Scandinavians are Swiss ($104,396, a difference of 0.010%), Moroccan ($104,488, a difference of 0.080%), Scottish ($104,288, a difference of 0.12%), Icelander ($104,282, a difference of 0.12%), and Basque ($104,760, a difference of 0.34%).
| Demographics | Rating | Rank | Median Family Income |
| Peruvians | 80.4 /100 | #151 | Excellent $105,444 |
| Immigrants from Albania | 79.1 /100 | #152 | Good $105,285 |
| Slavs | 77.9 /100 | #153 | Good $105,144 |
| Immigrants from Nepal | 76.3 /100 | #154 | Good $104,966 |
| Native Hawaiians | 75.8 /100 | #155 | Good $104,910 |
| Basques | 74.4 /100 | #156 | Good $104,760 |
| Moroccans | 71.6 /100 | #157 | Good $104,488 |
| Scandinavians | 70.8 /100 | #158 | Good $104,410 |
| Swiss | 70.7 /100 | #159 | Good $104,396 |
| Scottish | 69.5 /100 | #160 | Good $104,288 |
| Icelanders | 69.4 /100 | #161 | Good $104,282 |
| Immigrants from Sierra Leone | 66.2 /100 | #162 | Good $103,990 |
| Costa Ricans | 66.2 /100 | #163 | Good $103,989 |
| Sierra Leoneans | 64.7 /100 | #164 | Good $103,859 |
| Slovaks | 63.1 /100 | #165 | Good $103,729 |
Scandinavian Median Family Income Correlation Summary
| Measurement | Scandinavian Data | Median Family Income Data |
| Minimum | 0.19% | $48,750 |
| Maximum | 39.1% | $186,250 |
| Range | 38.9% | $137,500 |
| Mean | 14.6% | $97,868 |
| Median | 12.8% | $98,046 |
| Interquartile 25% (IQ1) | 6.3% | $80,113 |
| Interquartile 75% (IQ3) | 22.1% | $106,098 |
| Interquartile Range (IQR) | 15.8% | $25,985 |
| Standard Deviation (Sample) | 10.1% | $26,299 |
| Standard Deviation (Population) | 10.0% | $26,040 |
Correlation Details
| Scandinavian Percentile | Sample Size | Median Family Income |
[ 0.0% - 0.5% ] 0.19% | 375,460,342 | $98,497 |
[ 0.5% - 1.0% ] 0.70% | 60,020,923 | $109,947 |
[ 1.0% - 1.5% ] 1.22% | 18,912,369 | $105,912 |
[ 1.5% - 2.0% ] 1.73% | 8,411,438 | $106,095 |
[ 2.0% - 2.5% ] 2.21% | 4,745,362 | $110,087 |
[ 2.5% - 3.0% ] 2.73% | 2,332,757 | $115,311 |
[ 3.0% - 3.5% ] 3.21% | 891,426 | $105,597 |
[ 3.5% - 4.0% ] 3.72% | 483,662 | $110,567 |
[ 4.0% - 4.5% ] 4.24% | 191,903 | $101,470 |
[ 4.5% - 5.0% ] 4.74% | 119,651 | $103,925 |
[ 5.0% - 5.5% ] 5.26% | 98,862 | $114,426 |
[ 5.5% - 6.0% ] 5.74% | 107,242 | $97,267 |
[ 6.0% - 6.5% ] 6.27% | 52,908 | $98,062 |
[ 6.5% - 7.0% ] 6.76% | 56,409 | $103,829 |
[ 7.0% - 7.5% ] 7.29% | 32,088 | $96,972 |
[ 7.5% - 8.0% ] 7.71% | 22,882 | $85,664 |
[ 8.0% - 8.5% ] 8.25% | 19,238 | $91,212 |
[ 8.5% - 9.0% ] 8.70% | 13,860 | $99,040 |
[ 9.0% - 9.5% ] 9.23% | 7,642 | $100,458 |
[ 9.5% - 10.0% ] 9.71% | 5,745 | $98,046 |
[ 10.0% - 10.5% ] 10.25% | 12,692 | $155,129 |
[ 10.5% - 11.0% ] 10.74% | 6,174 | $102,237 |
[ 11.0% - 11.5% ] 11.25% | 1,138 | $106,098 |
[ 11.5% - 12.0% ] 11.66% | 2,839 | $74,339 |
[ 12.0% - 12.5% ] 12.25% | 3,330 | $79,468 |
[ 12.5% - 13.0% ] 12.81% | 484 | $87,110 |
[ 13.0% - 13.5% ] 13.20% | 553 | $77,711 |
[ 13.5% - 14.0% ] 13.76% | 821 | $78,900 |
[ 14.0% - 14.5% ] 14.13% | 4,394 | $75,328 |
[ 14.5% - 15.0% ] 14.55% | 3,855 | $68,472 |
[ 15.0% - 15.5% ] 15.33% | 861 | $107,895 |
[ 15.5% - 16.0% ] 15.66% | 862 | $111,586 |
[ 17.0% - 17.5% ] 17.24% | 2,129 | $144,453 |
[ 18.0% - 18.5% ] 18.20% | 1,978 | $94,707 |
[ 18.5% - 19.0% ] 18.75% | 96 | $80,113 |
[ 19.0% - 19.5% ] 19.35% | 31 | $81,000 |
[ 21.0% - 21.5% ] 21.37% | 234 | $81,937 |
[ 21.5% - 22.0% ] 21.82% | 1,297 | $70,171 |
[ 22.0% - 22.5% ] 22.10% | 448 | $90,997 |
[ 22.5% - 23.0% ] 22.73% | 88 | $75,625 |
[ 24.0% - 24.5% ] 24.32% | 37 | $186,250 |
[ 26.0% - 26.5% ] 26.09% | 46 | $57,500 |
[ 26.5% - 27.0% ] 26.85% | 1,445 | $99,998 |
[ 27.0% - 27.5% ] 27.24% | 268 | $95,867 |
[ 27.5% - 28.0% ] 27.78% | 18 | $48,750 |
[ 28.0% - 28.5% ] 28.03% | 603 | $122,588 |
[ 30.0% - 30.5% ] 30.23% | 311 | $86,042 |
[ 31.0% - 31.5% ] 31.37% | 255 | $96,165 |
[ 32.0% - 32.5% ] 32.27% | 313 | $75,791 |
[ 35.5% - 36.0% ] 35.63% | 87 | $177,917 |
[ 39.0% - 39.5% ] 39.10% | 156 | $48,750 |