Immigrants from Bolivia vs Latvian Median Household Income

The statistical analysis conducted on geographies consisting of 158,713,567 people shows a slight negative correlation between the proportion of Immigrants from Bolivia and median household income in the United States with a correlation coefficient (R) of -0.083 and weighted average of $101,394. Similarly, the statistical analysis conducted on geographies consisting of 220,635,560 people shows a mild negative correlation between the proportion of Latvians and median household income in the United States with a correlation coefficient (R) of -0.349 and weighted average of $97,311, a difference of 4.2%.

Median Household Income Correlation Summary

Measurement	Immigrants from Bolivia	Latvian
Minimum	$29,844	$36,528
Maximum	$182,250	$187,593
Range	$152,406	$151,065
Mean	$105,682	$95,169
Median	$107,900	$96,299
Interquartile 25% (IQ1)	$89,971	$60,583
Interquartile 75% (IQ3)	$123,106	$122,068
Interquartile Range (IQR)	$33,135	$61,485
Standard Deviation (Sample)	$29,190	$38,310
Standard Deviation (Population)	$29,037	$38,014

Demographics Similar to Immigrants from Bolivia and Latvians by Median Household Income

In terms of median household income, the demographic groups most similar to Immigrants from Bolivia are Asian ($101,681, a difference of 0.28%), Eastern European ($101,781, a difference of 0.38%), Immigrants from Japan ($100,711, a difference of 0.68%), Immigrants from Sweden ($100,699, a difference of 0.69%), and Bolivian ($102,195, a difference of 0.79%). Similarly, the demographic groups most similar to Latvians are Immigrants from Indonesia ($97,297, a difference of 0.010%), Immigrants from Pakistan ($97,528, a difference of 0.22%), Afghan ($97,026, a difference of 0.29%), Maltese ($97,015, a difference of 0.31%), and Immigrants from Switzerland ($97,979, a difference of 0.69%).

Demographics	Rating \| Rank	Median Household Income
Bolivians	100.0 /100 \| #20	Exceptional $102,195
Eastern Europeans	100.0 /100 \| #21	Exceptional $101,781
Asians	100.0 /100 \| #22	Exceptional $101,681
Immigrants \| Bolivia	100.0 /100 \| #23	Exceptional $101,394
Immigrants \| Japan	100.0 /100 \| #24	Exceptional $100,711
Immigrants \| Sweden	100.0 /100 \| #25	Exceptional $100,699
Immigrants \| Belgium	100.0 /100 \| #26	Exceptional $100,306
Bhutanese	100.0 /100 \| #27	Exceptional $100,151
Immigrants \| Sri Lanka	100.0 /100 \| #28	Exceptional $99,943
Immigrants \| Asia	100.0 /100 \| #29	Exceptional $99,933
Immigrants \| Northern Europe	100.0 /100 \| #30	Exceptional $99,813
Turks	100.0 /100 \| #31	Exceptional $99,389
Immigrants \| Denmark	100.0 /100 \| #32	Exceptional $98,510
Chinese	100.0 /100 \| #33	Exceptional $98,496
Russians	100.0 /100 \| #34	Exceptional $98,008
Immigrants \| Switzerland	100.0 /100 \| #35	Exceptional $97,979
Immigrants \| Pakistan	100.0 /100 \| #36	Exceptional $97,528
Latvians	100.0 /100 \| #37	Exceptional $97,311
Immigrants \| Indonesia	100.0 /100 \| #38	Exceptional $97,297
Afghans	100.0 /100 \| #39	Exceptional $97,026
Maltese	100.0 /100 \| #40	Exceptional $97,015