Asian vs Nicaraguan Median Family Income

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 285,560,176 people shows a substantial negative correlation between the proportion of Nicaraguans and median family income in the United States with a correlation coefficient (R) of -0.504 and weighted average of $92,231, a difference of 30.1%.

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%).

In terms of median family income, the demographic groups most similar to Nicaraguans are Immigrants from Laos ($92,239, a difference of 0.010%), American ($92,096, a difference of 0.15%), Immigrants from Barbados ($92,419, a difference of 0.20%), Immigrants from Guyana ($92,513, a difference of 0.31%), and Osage ($91,926, a difference of 0.33%).