Indian (Asian) vs Australian Median Family Income
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Indian (Asian)
Australian
Median Family Income
Median Family Income Comparison
Indians (Asian)
Australians
$125,312
MEDIAN FAMILY INCOME
100.0/ 100
METRIC RATING
17th/ 347
METRIC RANK
$118,440
MEDIAN FAMILY INCOME
100.0/ 100
METRIC RATING
37th/ 347
METRIC RANK
Indian (Asian) vs Australian Median Family Income Correlation Chart
The statistical analysis conducted on geographies consisting of 494,431,104 people shows a mild negative correlation between the proportion of Indians (Asian) and median family income in the United States with a correlation coefficient (R) of -0.368 and weighted average of $125,312. Similarly, the statistical analysis conducted on geographies consisting of 223,969,343 people shows no correlation between the proportion of Australians and median family income in the United States with a correlation coefficient (R) of -0.033 and weighted average of $118,440, a difference of 5.8%.
Median Family Income Correlation Summary
Measurement | Indian (Asian) | Australian |
Minimum | $56,023 | $44,219 |
Maximum | $241,763 | $250,001 |
Range | $185,740 | $205,782 |
Mean | $131,617 | $120,063 |
Median | $132,818 | $107,342 |
Interquartile 25% (IQ1) | $104,858 | $85,865 |
Interquartile 75% (IQ3) | $155,124 | $139,651 |
Interquartile Range (IQR) | $50,266 | $53,786 |
Standard Deviation (Sample) | $36,827 | $45,096 |
Standard Deviation (Population) | $36,656 | $44,699 |
Demographics Similar to Indians (Asian) and Australians by Median Family Income
In terms of median family income, the demographic groups most similar to Indians (Asian) are Immigrants from Eastern Asia ($125,150, a difference of 0.13%), Immigrants from Belgium ($123,831, a difference of 1.2%), Burmese ($123,369, a difference of 1.6%), Immigrants from Korea ($122,800, a difference of 2.1%), and Immigrants from Sweden ($122,765, a difference of 2.1%). Similarly, the demographic groups most similar to Australians are Israeli ($118,577, a difference of 0.12%), Soviet Union ($119,262, a difference of 0.69%), Bolivian ($119,479, a difference of 0.88%), Bhutanese ($119,800, a difference of 1.1%), and Asian ($119,955, a difference of 1.3%).
Demographics | Rating | Rank | Median Family Income |
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 |
Australians | 100.0 /100 | #37 | Exceptional $118,440 |