Nicaraguan vs Scandinavian Median Household Income

The statistical analysis conducted on geographies consisting of 285,567,751 people shows a moderate negative correlation between the proportion of Nicaraguans and median household income in the United States with a correlation coefficient (R) of -0.455 and weighted average of $79,737. Similarly, 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, a difference of 8.0%.

In terms of median household income, the demographic groups most similar to Nicaraguans are Barbadian ($79,664, a difference of 0.090%), Immigrants from Bosnia and Herzegovina ($79,888, a difference of 0.19%), Alaska Native ($79,509, a difference of 0.29%), Immigrants from Western Africa ($79,490, a difference of 0.31%), and Nonimmigrants ($79,429, a difference of 0.39%).

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%).