Scandinavian Median Household Income
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Median Household Income
Scandinavian Median Household Income
$86,073
HOUSEHOLD INCOME
65.1/ 100
METRIC RATING
166th/ 347
METRIC RANK
Scandinavian 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. On average, for every 1% (one percent) increase in Scandinavians within a typical geography, there is an increase of $437 in median household income.
It is essential to understand that the correlation between the percentage of Scandinavians and median household 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 household income within an area, or if Scandinavians simply ended up residing in those areas with higher or lower levels of median household income due to other factors.
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 from 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 | 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 from South America | 58.1 /100 | #171 | Average $85,611 |
| Slovenes | 57.4 /100 | #172 | Average $85,562 |
| Immigrants from Cameroon | 53.4 /100 | #173 | Average $85,314 |
Scandinavian Median Household Income Correlation Summary
| Measurement | Scandinavian Data | Median Household Income Data |
| Minimum | 0.19% | $35,625 |
| Maximum | 75.3% | $250,001 |
| Range | 75.1% | $214,376 |
| Mean | 18.8% | $90,420 |
| Median | 14.6% | $84,951 |
| Interquartile 25% (IQ1) | 7.3% | $72,386 |
| Interquartile 75% (IQ3) | 26.9% | $92,885 |
| Interquartile Range (IQR) | 19.6% | $20,499 |
| Standard Deviation (Sample) | 16.1% | $37,436 |
| Standard Deviation (Population) | 16.0% | $37,118 |
Correlation Details
| Scandinavian Percentile | Sample Size | Median Household Income |
[ 0.0% - 0.5% ] 0.19% | 375,487,860 | $81,713 |
[ 0.5% - 1.0% ] 0.70% | 60,042,236 | $89,735 |
[ 1.0% - 1.5% ] 1.22% | 18,912,234 | $86,154 |
[ 1.5% - 2.0% ] 1.73% | 8,414,706 | $87,311 |
[ 2.0% - 2.5% ] 2.21% | 4,751,906 | $90,764 |
[ 2.5% - 3.0% ] 2.73% | 2,335,438 | $96,275 |
[ 3.0% - 3.5% ] 3.21% | 889,784 | $86,582 |
[ 3.5% - 4.0% ] 3.72% | 482,552 | $93,498 |
[ 4.0% - 4.5% ] 4.24% | 193,529 | $84,303 |
[ 4.5% - 5.0% ] 4.74% | 123,454 | $86,628 |
[ 5.0% - 5.5% ] 5.25% | 99,243 | $102,804 |
[ 5.5% - 6.0% ] 5.75% | 110,138 | $78,590 |
[ 6.0% - 6.5% ] 6.27% | 53,548 | $84,951 |
[ 6.5% - 7.0% ] 6.76% | 54,993 | $86,795 |
[ 7.0% - 7.5% ] 7.29% | 32,053 | $82,769 |
[ 7.5% - 8.0% ] 7.71% | 22,368 | $72,726 |
[ 8.0% - 8.5% ] 8.25% | 19,965 | $79,112 |
[ 8.5% - 9.0% ] 8.70% | 14,148 | $76,178 |
[ 9.0% - 9.5% ] 9.22% | 7,438 | $73,729 |
[ 9.5% - 10.0% ] 9.72% | 6,183 | $86,835 |
[ 10.0% - 10.5% ] 10.25% | 12,790 | $135,680 |
[ 10.5% - 11.0% ] 10.74% | 6,146 | $87,166 |
[ 11.0% - 11.5% ] 11.28% | 1,897 | $91,943 |
[ 11.5% - 12.0% ] 11.62% | 1,997 | $59,241 |
[ 12.0% - 12.5% ] 12.26% | 3,484 | $71,318 |
[ 12.5% - 13.0% ] 12.70% | 1,543 | $79,490 |
[ 13.0% - 13.5% ] 13.20% | 553 | $68,203 |
[ 13.5% - 14.0% ] 13.71% | 1,116 | $64,293 |
[ 14.0% - 14.5% ] 14.13% | 4,472 | $63,169 |
[ 14.5% - 15.0% ] 14.58% | 4,672 | $54,245 |
[ 15.0% - 15.5% ] 15.31% | 980 | $98,852 |
[ 15.5% - 16.0% ] 15.70% | 1,369 | $84,297 |
[ 16.5% - 17.0% ] 16.60% | 3,856 | $205,960 |
[ 17.0% - 17.5% ] 17.23% | 2,240 | $116,307 |
[ 18.0% - 18.5% ] 18.22% | 1,537 | $77,865 |
[ 18.5% - 19.0% ] 18.75% | 128 | $67,033 |
[ 19.5% - 20.0% ] 19.72% | 213 | $117,500 |
[ 20.0% - 20.5% ] 20.05% | 778 | $92,885 |
[ 20.5% - 21.0% ] 20.67% | 150 | $38,472 |
[ 21.0% - 21.5% ] 21.37% | 234 | $70,517 |
[ 21.5% - 22.0% ] 21.82% | 1,338 | $72,386 |
[ 22.0% - 22.5% ] 22.10% | 534 | $80,589 |
[ 22.5% - 23.0% ] 22.73% | 88 | $75,625 |
[ 25.5% - 26.0% ] 25.54% | 184 | $138,571 |
[ 26.5% - 27.0% ] 26.85% | 1,445 | $112,304 |
[ 27.0% - 27.5% ] 27.44% | 215 | $91,044 |
[ 27.5% - 28.0% ] 27.87% | 61 | $75,708 |
[ 28.0% - 28.5% ] 28.03% | 603 | $92,708 |
[ 30.0% - 30.5% ] 30.23% | 311 | $86,667 |
[ 31.0% - 31.5% ] 31.37% | 255 | $91,897 |
[ 32.0% - 32.5% ] 32.27% | 313 | $173,205 |
[ 35.5% - 36.0% ] 35.63% | 87 | $177,917 |
[ 37.5% - 38.0% ] 37.79% | 217 | $42,721 |
[ 39.0% - 39.5% ] 39.10% | 156 | $46,175 |
[ 41.5% - 42.0% ] 41.90% | 179 | $123,209 |
[ 51.0% - 51.5% ] 51.35% | 37 | $35,625 |
[ 52.0% - 52.5% ] 52.27% | 88 | $70,500 |
[ 71.0% - 71.5% ] 71.43% | 42 | $250,001 |
[ 75.0% - 75.5% ] 75.31% | 81 | $46,045 |