Korean vs Ecuadorian Median Household Income

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 317,572,245 people shows no correlation between the proportion of Ecuadorians and median household income in the United States with a correlation coefficient (R) of -0.004 and weighted average of $82,070, a difference of 15.8%.

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%).

In terms of median household income, the demographic groups most similar to Ecuadorians are White/Caucasian ($82,029, a difference of 0.050%), Yugoslavian ($82,186, a difference of 0.14%), Vietnamese ($82,248, a difference of 0.22%), Panamanian ($82,272, a difference of 0.25%), and Nepalese ($82,410, a difference of 0.41%).