Immigrants from South America vs Scandinavian Median Family Income

The statistical analysis conducted on geographies consisting of 485,794,963 people shows a mild negative correlation between the proportion of Immigrants from South America and median family income in the United States with a correlation coefficient (R) of -0.325 and weighted average of $100,414. Similarly, 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, a difference of 4.0%.

Median Family Income Correlation Summary

Measurement	Immigrants from South America	Scandinavian
Minimum	$50,833	$48,750
Maximum	$170,845	$186,250
Range	$120,012	$137,500
Mean	$91,529	$97,868
Median	$90,163	$98,046
Interquartile 25% (IQ1)	$77,453	$80,113
Interquartile 75% (IQ3)	$102,677	$106,098
Interquartile Range (IQR)	$25,224	$25,985
Standard Deviation (Sample)	$19,800	$26,299
Standard Deviation (Population)	$19,702	$26,040

Similar Demographics by Median Family Income

Demographics Similar to Immigrants from South America by Median Family Income

In terms of median family income, the demographic groups most similar to Immigrants from South America are Samoan ($100,344, a difference of 0.070%), Immigrants from Cameroon ($100,289, a difference of 0.12%), Immigrants from Africa ($100,256, a difference of 0.16%), Iraqi ($100,658, a difference of 0.24%), and Uruguayan ($100,656, a difference of 0.24%).

Demographics	Rating \| Rank	Median Family Income
Guamanians/Chamorros	30.5 /100 \| #188	Fair $101,061
Immigrants \| Portugal	29.6 /100 \| #189	Fair $100,984
Immigrants \| Immigrants	29.4 /100 \| #190	Fair $100,962
Colombians	27.2 /100 \| #191	Fair $100,750
Immigrants \| Kenya	26.5 /100 \| #192	Fair $100,679
Iraqis	26.3 /100 \| #193	Fair $100,658
Uruguayans	26.3 /100 \| #194	Fair $100,656
Immigrants \| South America	23.9 /100 \| #195	Fair $100,414
Samoans	23.3 /100 \| #196	Fair $100,344
Immigrants \| Cameroon	22.8 /100 \| #197	Fair $100,289
Immigrants \| Africa	22.5 /100 \| #198	Fair $100,256
Yugoslavians	21.3 /100 \| #199	Fair $100,119
Spanish	20.1 /100 \| #200	Fair $99,977
Immigrants \| Thailand	19.0 /100 \| #201	Poor $99,840
Whites/Caucasians	18.7 /100 \| #202	Poor $99,800

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 \| Albania	79.1 /100 \| #152	Good $105,285
Slavs	77.9 /100 \| #153	Good $105,144
Immigrants \| 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 \| 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