Iranian vs Hispanic or Latino Median Household Income

The statistical analysis conducted on geographies consisting of 316,594,709 people shows a weak positive correlation between the proportion of Iranians and median household income in the United States with a correlation coefficient (R) of 0.230 and weighted average of $109,835. Similarly, the statistical analysis conducted on geographies consisting of 577,204,907 people shows a very strong negative correlation between the proportion of Hispanics or Latinos and median household income in the United States with a correlation coefficient (R) of -0.831 and weighted average of $73,823, a difference of 48.8%.

In terms of median household income, the demographic groups most similar to Iranians are Immigrants from Singapore ($110,428, a difference of 0.54%), Thai ($110,648, a difference of 0.74%), Immigrants from Hong Kong ($111,519, a difference of 1.5%), Immigrants from Iran ($108,055, a difference of 1.7%), and Immigrants from India ($113,009, a difference of 2.9%).

In terms of median household income, the demographic groups most similar to Hispanics or Latinos are Comanche ($73,747, a difference of 0.10%), Bangladeshi ($74,112, a difference of 0.39%), Immigrants from Cabo Verde ($73,515, a difference of 0.42%), Blackfeet ($73,509, a difference of 0.43%), and Fijian ($74,205, a difference of 0.52%).