Immigrants from Bosnia and Herzegovina vs Latvian Median Family Income

The statistical analysis conducted on geographies consisting of 156,800,946 people shows a weak negative correlation between the proportion of Immigrants from Bosnia and Herzegovina and median family income in the United States with a correlation coefficient (R) of -0.233 and weighted average of $97,432. Similarly, 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, a difference of 23.5%.

Median Family Income Correlation Summary

Measurement	Immigrants from Bosnia and Herzegovina	Latvian
Minimum	$54,501	$41,641
Maximum	$142,183	$207,328
Range	$87,682	$165,687
Mean	$90,450	$114,631
Median	$93,519	$116,635
Interquartile 25% (IQ1)	$80,405	$80,254
Interquartile 75% (IQ3)	$100,969	$139,118
Interquartile Range (IQR)	$20,564	$58,864
Standard Deviation (Sample)	$18,350	$40,043
Standard Deviation (Population)	$18,107	$39,714

Similar Demographics by Median Family Income

Demographics Similar to Immigrants from Bosnia and Herzegovina by Median Family Income

In terms of median family income, the demographic groups most similar to Immigrants from Bosnia and Herzegovina are Nigerian ($97,522, a difference of 0.090%), Bermudan ($97,577, a difference of 0.15%), Japanese ($97,288, a difference of 0.15%), Immigrants from Armenia ($97,605, a difference of 0.18%), and Immigrants from Cambodia ($97,222, a difference of 0.22%).

Demographics	Rating \| Rank	Median Family Income
Immigrants \| Colombia	8.7 /100 \| #209	Tragic $98,067
Puget Sound Salish	8.2 /100 \| #210	Tragic $97,958
Immigrants \| Sudan	7.4 /100 \| #211	Tragic $97,737
Panamanians	7.2 /100 \| #212	Tragic $97,683
Immigrants \| Armenia	7.0 /100 \| #213	Tragic $97,605
Bermudans	6.9 /100 \| #214	Tragic $97,577
Nigerians	6.7 /100 \| #215	Tragic $97,522
Immigrants \| Bosnia and Herzegovina	6.4 /100 \| #216	Tragic $97,432
Japanese	6.0 /100 \| #217	Tragic $97,288
Immigrants \| Cambodia	5.8 /100 \| #218	Tragic $97,222
Delaware	5.1 /100 \| #219	Tragic $96,958
Sudanese	4.7 /100 \| #220	Tragic $96,783
Immigrants \| Ghana	4.2 /100 \| #221	Tragic $96,544
Immigrants \| Nigeria	4.0 /100 \| #222	Tragic $96,439
Venezuelans	3.7 /100 \| #223	Tragic $96,281

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