Asian vs Immigrants from Korea Median Family Income
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Asian
Immigrants from Korea
Median Family Income
Median Family Income Comparison
Asians
Immigrants from Korea
$119,955
MEDIAN FAMILY INCOME
100.0/ 100
METRIC RATING
32nd/ 347
METRIC RANK
$122,800
MEDIAN FAMILY INCOME
100.0/ 100
METRIC RATING
21st/ 347
METRIC RANK
Asian vs Immigrants from Korea Median Family Income Correlation Chart
The statistical analysis conducted on geographies consisting of 549,758,807 people shows a mild positive correlation between the proportion of Asians and median family income in the United States with a correlation coefficient (R) of 0.364 and weighted average of $119,955. Similarly, the statistical analysis conducted on geographies consisting of 415,814,318 people shows a slight negative correlation between the proportion of Immigrants from Korea and median family income in the United States with a correlation coefficient (R) of -0.062 and weighted average of $122,800, a difference of 2.4%.
Median Family Income Correlation Summary
Measurement | Asian | Immigrants from Korea |
Minimum | $58,163 | $49,182 |
Maximum | $250,001 | $250,001 |
Range | $191,838 | $200,819 |
Mean | $133,077 | $138,061 |
Median | $128,500 | $133,220 |
Interquartile 25% (IQ1) | $115,250 | $110,996 |
Interquartile 75% (IQ3) | $150,323 | $156,101 |
Interquartile Range (IQR) | $35,073 | $45,105 |
Standard Deviation (Sample) | $33,384 | $47,393 |
Standard Deviation (Population) | $33,269 | $46,996 |
Demographics Similar to Asians and Immigrants from Korea by Median Family Income
In terms of median family income, the demographic groups most similar to Asians are Immigrants from France ($120,076, a difference of 0.10%), Bhutanese ($119,800, a difference of 0.13%), Immigrants from Sri Lanka ($120,263, a difference of 0.26%), Latvian ($120,301, a difference of 0.29%), and Bolivian ($119,479, a difference of 0.40%). Similarly, the demographic groups most similar to Immigrants from Korea are Immigrants from Sweden ($122,765, a difference of 0.030%), Immigrants from Japan ($122,764, a difference of 0.030%), Burmese ($123,369, a difference of 0.46%), Immigrants from Northern Europe ($121,840, a difference of 0.79%), and Immigrants from Belgium ($123,831, a difference of 0.84%).
Demographics | Rating | Rank | Median Family Income |
Immigrants | China | 100.0 /100 | #16 | Exceptional $125,540 |
Indians (Asian) | 100.0 /100 | #17 | Exceptional $125,312 |
Immigrants | Eastern Asia | 100.0 /100 | #18 | Exceptional $125,150 |
Immigrants | Belgium | 100.0 /100 | #19 | Exceptional $123,831 |
Burmese | 100.0 /100 | #20 | Exceptional $123,369 |
Immigrants | Korea | 100.0 /100 | #21 | Exceptional $122,800 |
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 |