Asian vs Paraguayan Median Family Income
COMPARE
Asian
Paraguayan
Median Family Income
Median Family Income Comparison
Asians
Paraguayans
$119,955
MEDIAN FAMILY INCOME
100.0/ 100
METRIC RATING
32nd/ 347
METRIC RANK
$114,016
MEDIAN FAMILY INCOME
99.7/ 100
METRIC RATING
66th/ 347
METRIC RANK
Asian vs Paraguayan 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 95,094,698 people shows no correlation between the proportion of Paraguayans and median family income in the United States with a correlation coefficient (R) of 0.028 and weighted average of $114,016, a difference of 5.2%.
Median Family Income Correlation Summary
| Measurement | Asian | Paraguayan |
| Minimum | $58,163 | $47,188 |
| Maximum | $250,001 | $237,188 |
| Range | $191,838 | $190,000 |
| Mean | $133,077 | $124,379 |
| Median | $128,500 | $115,994 |
| Interquartile 25% (IQ1) | $115,250 | $91,993 |
| Interquartile 75% (IQ3) | $150,323 | $145,560 |
| Interquartile Range (IQR) | $35,073 | $53,567 |
| Standard Deviation (Sample) | $33,384 | $46,622 |
| Standard Deviation (Population) | $33,269 | $46,268 |
Similar Demographics by Median Family Income
Demographics Similar to Asians 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%).
| Demographics | Rating | Rank | Median Family Income |
| 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 |
| Australians | 100.0 /100 | #37 | Exceptional $118,440 |
| Immigrants | Turkey | 100.0 /100 | #38 | Exceptional $118,325 |
| Immigrants | Asia | 100.0 /100 | #39 | Exceptional $118,291 |
Demographics Similar to Paraguayans by Median Family Income
In terms of median family income, the demographic groups most similar to Paraguayans are Egyptian ($114,119, a difference of 0.090%), Immigrants from Spain ($113,815, a difference of 0.18%), Immigrants from Scotland ($114,392, a difference of 0.33%), Immigrants from Pakistan ($114,406, a difference of 0.34%), and Mongolian ($114,553, a difference of 0.47%).
| Demographics | Rating | Rank | Median Family Income |
| Immigrants | Netherlands | 99.8 /100 | #59 | Exceptional $114,987 |
| Immigrants | Latvia | 99.8 /100 | #60 | Exceptional $114,826 |
| Immigrants | Belarus | 99.8 /100 | #61 | Exceptional $114,586 |
| Mongolians | 99.8 /100 | #62 | Exceptional $114,553 |
| Immigrants | Pakistan | 99.8 /100 | #63 | Exceptional $114,406 |
| Immigrants | Scotland | 99.7 /100 | #64 | Exceptional $114,392 |
| Egyptians | 99.7 /100 | #65 | Exceptional $114,119 |
| Paraguayans | 99.7 /100 | #66 | Exceptional $114,016 |
| Immigrants | Spain | 99.7 /100 | #67 | Exceptional $113,815 |
| Immigrants | Serbia | 99.6 /100 | #68 | Exceptional $113,463 |
| Immigrants | Bulgaria | 99.6 /100 | #69 | Exceptional $113,461 |
| Immigrants | Romania | 99.6 /100 | #70 | Exceptional $113,434 |
| South Africans | 99.5 /100 | #71 | Exceptional $113,229 |
| Afghans | 99.5 /100 | #72 | Exceptional $112,971 |
| Laotians | 99.5 /100 | #73 | Exceptional $112,859 |