Latvian vs Finnish Median Family Income
COMPARE
Latvian
Finnish
Median Family Income
Median Family Income Comparison
Latvians
Finns
$120,301
MEDIAN FAMILY INCOME
100.0/ 100
METRIC RATING
29th/ 347
METRIC RANK
$102,676
MEDIAN FAMILY INCOME
50.0/ 100
METRIC RATING
174th/ 347
METRIC RANK
Latvian vs Finnish Median Family Income Correlation Chart
The statistical analysis conducted on geographies consisting of 220,626,536 people shows a moderate negative correlation between the proportion of Latvians and median family income in the United States with a correlation coefficient (R) of -0.402 and weighted average of $120,301. Similarly, the statistical analysis conducted on geographies consisting of 404,403,352 people shows a substantial negative correlation between the proportion of Finns and median family income in the United States with a correlation coefficient (R) of -0.541 and weighted average of $102,676, a difference of 17.2%.
Median Family Income Correlation Summary
| Measurement | Latvian | Finnish |
| Minimum | $41,641 | $32,321 |
| Maximum | $207,328 | $115,182 |
| Range | $165,687 | $82,861 |
| Mean | $114,631 | $80,730 |
| Median | $116,635 | $82,170 |
| Interquartile 25% (IQ1) | $80,254 | $70,230 |
| Interquartile 75% (IQ3) | $139,118 | $91,138 |
| Interquartile Range (IQR) | $58,864 | $20,909 |
| Standard Deviation (Sample) | $40,043 | $15,710 |
| Standard Deviation (Population) | $39,714 | $15,623 |
Similar Demographics by Median Family Income
Demographics Similar to Latvians by Median Family Income
In terms of median family income, the demographic groups most similar to Latvians are Immigrants from Sri Lanka ($120,263, a difference of 0.030%), Immigrants from Denmark ($120,445, a difference of 0.12%), Russian ($120,487, a difference of 0.15%), Immigrants from France ($120,076, a difference of 0.19%), and Asian ($119,955, a difference of 0.29%).
| Demographics | Rating | Rank | Median Family Income |
| Immigrants | Sweden | 100.0 /100 | #22 | Exceptional $122,765 |
| Immigrants | Japan | 100.0 /100 | #23 | Exceptional $122,764 |
| Immigrants | Northern Europe | 100.0 /100 | #24 | Exceptional $121,840 |
| Turks | 100.0 /100 | #25 | Exceptional $121,202 |
| Immigrants | Switzerland | 100.0 /100 | #26 | Exceptional $120,726 |
| Russians | 100.0 /100 | #27 | Exceptional $120,487 |
| Immigrants | Denmark | 100.0 /100 | #28 | Exceptional $120,445 |
| Latvians | 100.0 /100 | #29 | Exceptional $120,301 |
| Immigrants | Sri Lanka | 100.0 /100 | #30 | Exceptional $120,263 |
| Immigrants | France | 100.0 /100 | #31 | Exceptional $120,076 |
| Asians | 100.0 /100 | #32 | Exceptional $119,955 |
| Bhutanese | 100.0 /100 | #33 | Exceptional $119,800 |
| Bolivians | 100.0 /100 | #34 | Exceptional $119,479 |
| Soviet Union | 100.0 /100 | #35 | Exceptional $119,262 |
| Israelis | 100.0 /100 | #36 | Exceptional $118,577 |
Demographics Similar to Finns by Median Family Income
In terms of median family income, the demographic groups most similar to Finns are Belgian ($102,788, a difference of 0.11%), Immigrants from Eritrea ($102,823, a difference of 0.14%), Immigrants from Eastern Africa ($102,451, a difference of 0.22%), French ($102,368, a difference of 0.30%), and Alsatian ($103,010, a difference of 0.33%).
| Demographics | Rating | Rank | Median Family Income |
| South American Indians | 61.9 /100 | #167 | Good $103,624 |
| Immigrants | Peru | 60.8 /100 | #168 | Good $103,534 |
| Czechoslovakians | 57.6 /100 | #169 | Average $103,273 |
| Immigrants | Uzbekistan | 56.6 /100 | #170 | Average $103,197 |
| Alsatians | 54.3 /100 | #171 | Average $103,010 |
| Immigrants | Eritrea | 51.9 /100 | #172 | Average $102,823 |
| Belgians | 51.4 /100 | #173 | Average $102,788 |
| Finns | 50.0 /100 | #174 | Average $102,676 |
| Immigrants | Eastern Africa | 47.1 /100 | #175 | Average $102,451 |
| French | 46.1 /100 | #176 | Average $102,368 |
| Germans | 44.6 /100 | #177 | Average $102,254 |
| Welsh | 43.3 /100 | #178 | Average $102,151 |
| South Americans | 39.7 /100 | #179 | Fair $101,856 |
| French Canadians | 37.0 /100 | #180 | Fair $101,634 |
| Spaniards | 36.8 /100 | #181 | Fair $101,617 |