Korean vs European Median Household Income
COMPARE
Korean
European
Median Household Income
Median Household Income Comparison
Koreans
Europeans
$95,018
MEDIAN HOUSEHOLD INCOME
99.8/ 100
METRIC RATING
60th/ 347
METRIC RANK
$88,751
MEDIAN HOUSEHOLD INCOME
91.2/ 100
METRIC RATING
132nd/ 347
METRIC RANK
Korean vs European 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 560,871,034 people shows no correlation between the proportion of Europeans and median household income in the United States with a correlation coefficient (R) of -0.024 and weighted average of $88,751, a difference of 7.1%.
Median Household Income Correlation Summary
Measurement | Korean | European |
Minimum | $52,792 | $11,019 |
Maximum | $125,300 | $173,396 |
Range | $72,508 | $162,377 |
Mean | $95,651 | $84,093 |
Median | $97,407 | $82,550 |
Interquartile 25% (IQ1) | $87,266 | $72,512 |
Interquartile 75% (IQ3) | $109,366 | $97,852 |
Interquartile Range (IQR) | $22,100 | $25,341 |
Standard Deviation (Sample) | $17,558 | $22,686 |
Standard Deviation (Population) | $17,478 | $22,572 |
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 Europeans by Median Household Income
In terms of median household income, the demographic groups most similar to Europeans are Immigrants from Syria ($88,792, a difference of 0.050%), Immigrants from Ethiopia ($88,687, a difference of 0.070%), British ($88,914, a difference of 0.18%), Brazilian ($88,934, a difference of 0.21%), and Portuguese ($88,976, a difference of 0.25%).
Demographics | Rating | Rank | Median Household Income |
Immigrants | Kuwait | 93.5 /100 | #125 | Exceptional $89,263 |
Immigrants | Oceania | 92.9 /100 | #126 | Exceptional $89,100 |
Immigrants | Peru | 92.5 /100 | #127 | Exceptional $89,010 |
Portuguese | 92.3 /100 | #128 | Exceptional $88,976 |
Brazilians | 92.1 /100 | #129 | Exceptional $88,934 |
British | 92.0 /100 | #130 | Exceptional $88,914 |
Immigrants | Syria | 91.4 /100 | #131 | Exceptional $88,792 |
Europeans | 91.2 /100 | #132 | Exceptional $88,751 |
Immigrants | Ethiopia | 90.9 /100 | #133 | Exceptional $88,687 |
Swedes | 90.0 /100 | #134 | Exceptional $88,524 |
Immigrants | Sierra Leone | 89.9 /100 | #135 | Excellent $88,498 |
Poles | 89.7 /100 | #136 | Excellent $88,472 |
Sierra Leoneans | 89.6 /100 | #137 | Excellent $88,463 |
Arabs | 89.2 /100 | #138 | Excellent $88,398 |
Immigrants | Chile | 89.2 /100 | #139 | Excellent $88,388 |