Korean vs Hispanic or Latino Median Household Income
COMPARE
Korean
Hispanic or Latino
Median Household Income
Median Household Income Comparison
Koreans
Hispanics or Latinos
$95,018
MEDIAN HOUSEHOLD INCOME
99.8/ 100
METRIC RATING
60th/ 347
METRIC RANK
$73,823
MEDIAN HOUSEHOLD INCOME
0.1/ 100
METRIC RATING
291st/ 347
METRIC RANK
Korean vs Hispanic or Latino 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 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 28.7%.
Median Household Income Correlation Summary
Measurement | Korean | Hispanic or Latino |
Minimum | $52,792 | $23,087 |
Maximum | $125,300 | $103,536 |
Range | $72,508 | $80,449 |
Mean | $95,651 | $71,424 |
Median | $97,407 | $71,562 |
Interquartile 25% (IQ1) | $87,266 | $63,567 |
Interquartile 75% (IQ3) | $109,366 | $81,961 |
Interquartile Range (IQR) | $22,100 | $18,394 |
Standard Deviation (Sample) | $17,558 | $13,788 |
Standard Deviation (Population) | $17,478 | $13,754 |
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 Hispanics or Latinos by Median Household Income
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%).
Demographics | Rating | Rank | Median Household Income |
Yaqui | 0.1 /100 | #284 | Tragic $74,596 |
Mexicans | 0.1 /100 | #285 | Tragic $74,399 |
Immigrants | Somalia | 0.1 /100 | #286 | Tragic $74,300 |
Iroquois | 0.1 /100 | #287 | Tragic $74,279 |
Immigrants | Central America | 0.1 /100 | #288 | Tragic $74,217 |
Fijians | 0.1 /100 | #289 | Tragic $74,205 |
Bangladeshis | 0.1 /100 | #290 | Tragic $74,112 |
Hispanics or Latinos | 0.1 /100 | #291 | Tragic $73,823 |
Comanche | 0.1 /100 | #292 | Tragic $73,747 |
Immigrants | Cabo Verde | 0.1 /100 | #293 | Tragic $73,515 |
Blackfeet | 0.1 /100 | #294 | Tragic $73,509 |
Cubans | 0.1 /100 | #295 | Tragic $73,392 |
Haitians | 0.1 /100 | #296 | Tragic $73,306 |
Immigrants | Mexico | 0.0 /100 | #297 | Tragic $73,160 |
Paiute | 0.0 /100 | #298 | Tragic $72,959 |