Korean vs American Median Household Income
COMPARE
Korean
American
Median Household Income
Median Household Income Comparison
Koreans
Americans
$95,018
MEDIAN HOUSEHOLD INCOME
99.8/ 100
METRIC RATING
60th/ 347
METRIC RANK
$75,932
MEDIAN HOUSEHOLD INCOME
0.3/ 100
METRIC RATING
266th/ 347
METRIC RANK
Korean vs American Median Household Income Correlation Chart
The statistical analysis conducted on geographies consisting of 510,219,050 people shows a weak negative correlation between the proportion of Koreans and median household income in the United States with a correlation coefficient (R) of -0.275 and weighted average of $95,018. Similarly, the statistical analysis conducted on geographies consisting of 580,584,472 people shows a significant negative correlation between the proportion of Americans and median household income in the United States with a correlation coefficient (R) of -0.603 and weighted average of $75,932, a difference of 25.1%.
Median Household Income Correlation Summary
Measurement | Korean | American |
Minimum | $52,792 | $2,499 |
Maximum | $125,300 | $93,750 |
Range | $72,508 | $91,251 |
Mean | $95,651 | $56,747 |
Median | $97,407 | $56,097 |
Interquartile 25% (IQ1) | $87,266 | $48,888 |
Interquartile 75% (IQ3) | $109,366 | $64,069 |
Interquartile Range (IQR) | $22,100 | $15,181 |
Standard Deviation (Sample) | $17,558 | $14,812 |
Standard Deviation (Population) | $17,478 | $14,765 |
Similar Demographics by Median Household Income
Demographics Similar to Koreans by Median Household Income
In terms of median household income, the demographic groups most similar to Koreans are Immigrants from Europe ($95,032, a difference of 0.020%), Laotian ($94,990, a difference of 0.030%), Soviet Union ($95,098, a difference of 0.080%), New Zealander ($95,146, a difference of 0.13%), and Immigrants from Norway ($94,846, a difference of 0.18%).
Demographics | Rating | Rank | Median Household Income |
Paraguayans | 99.9 /100 | #53 | Exceptional $95,737 |
Egyptians | 99.9 /100 | #54 | Exceptional $95,673 |
Immigrants | Czechoslovakia | 99.9 /100 | #55 | Exceptional $95,319 |
Immigrants | Austria | 99.9 /100 | #56 | Exceptional $95,277 |
New Zealanders | 99.8 /100 | #57 | Exceptional $95,146 |
Soviet Union | 99.8 /100 | #58 | Exceptional $95,098 |
Immigrants | Europe | 99.8 /100 | #59 | Exceptional $95,032 |
Koreans | 99.8 /100 | #60 | Exceptional $95,018 |
Laotians | 99.8 /100 | #61 | Exceptional $94,990 |
Immigrants | Norway | 99.8 /100 | #62 | Exceptional $94,846 |
Greeks | 99.8 /100 | #63 | Exceptional $94,735 |
Immigrants | Netherlands | 99.7 /100 | #64 | Exceptional $94,411 |
Immigrants | Belarus | 99.7 /100 | #65 | Exceptional $94,399 |
Immigrants | Romania | 99.7 /100 | #66 | Exceptional $94,222 |
Immigrants | Scotland | 99.7 /100 | #67 | Exceptional $94,091 |
Demographics Similar to Americans by Median Household Income
In terms of median household income, the demographic groups most similar to Americans are Immigrants from Belize ($75,938, a difference of 0.010%), Guatemalan ($75,961, a difference of 0.040%), German Russian ($75,856, a difference of 0.10%), Immigrants from Jamaica ($75,851, a difference of 0.11%), and Cape Verdean ($75,848, a difference of 0.11%).
Demographics | Rating | Rank | Median Household Income |
Spanish American Indians | 0.4 /100 | #259 | Tragic $76,670 |
Jamaicans | 0.4 /100 | #260 | Tragic $76,583 |
Immigrants | Grenada | 0.4 /100 | #261 | Tragic $76,517 |
French American Indians | 0.4 /100 | #262 | Tragic $76,387 |
Alaskan Athabascans | 0.4 /100 | #263 | Tragic $76,383 |
Guatemalans | 0.3 /100 | #264 | Tragic $75,961 |
Immigrants | Belize | 0.3 /100 | #265 | Tragic $75,938 |
Americans | 0.3 /100 | #266 | Tragic $75,932 |
German Russians | 0.3 /100 | #267 | Tragic $75,856 |
Immigrants | Jamaica | 0.3 /100 | #268 | Tragic $75,851 |
Cape Verdeans | 0.3 /100 | #269 | Tragic $75,848 |
Hmong | 0.3 /100 | #270 | Tragic $75,839 |
Pennsylvania Germans | 0.3 /100 | #271 | Tragic $75,814 |
Somalis | 0.3 /100 | #272 | Tragic $75,782 |
Liberians | 0.2 /100 | #273 | Tragic $75,667 |