Korean vs Immigrants from Ecuador 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 270,856,843 people shows a slight negative correlation between the proportion of Immigrants from Ecuador and median household income in the United States with a correlation coefficient (R) of -0.084 and weighted average of $80,341, a difference of 18.3%.

Median Household Income Correlation Summary

Measurement	Korean	Immigrants from Ecuador
Minimum	$52,792	$49,886
Maximum	$125,300	$126,873
Range	$72,508	$76,987
Mean	$95,651	$82,745
Median	$97,407	$80,365
Interquartile 25% (IQ1)	$87,266	$72,009
Interquartile 75% (IQ3)	$109,366	$88,454
Interquartile Range (IQR)	$22,100	$16,444
Standard Deviation (Sample)	$17,558	$17,127
Standard Deviation (Population)	$17,478	$16,935

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 Immigrants from Ecuador by Median Household Income

In terms of median household income, the demographic groups most similar to Immigrants from Ecuador are Immigrants from the Azores ($80,357, a difference of 0.020%), Immigrants from Guyana ($80,324, a difference of 0.020%), Immigrants from Trinidad and Tobago ($80,373, a difference of 0.040%), Bermudan ($80,406, a difference of 0.080%), and Trinidadian and Tobagonian ($80,402, a difference of 0.080%).

Demographics	Rating \| Rank	Median Household Income
Guyanese	5.7 /100 \| #227	Tragic $80,734
Immigrants \| Bangladesh	5.7 /100 \| #228	Tragic $80,722
Delaware	5.0 /100 \| #229	Tragic $80,527
Bermudans	4.7 /100 \| #230	Tragic $80,406
Trinidadians and Tobagonians	4.7 /100 \| #231	Tragic $80,402
Immigrants \| Trinidad and Tobago	4.6 /100 \| #232	Tragic $80,373
Immigrants \| Azores	4.5 /100 \| #233	Tragic $80,357
Immigrants \| Ecuador	4.5 /100 \| #234	Tragic $80,341
Immigrants \| Guyana	4.5 /100 \| #235	Tragic $80,324
Immigrants \| Bosnia and Herzegovina	3.4 /100 \| #236	Tragic $79,888
Nicaraguans	3.1 /100 \| #237	Tragic $79,737
Barbadians	3.0 /100 \| #238	Tragic $79,664
Alaska Natives	2.7 /100 \| #239	Tragic $79,509
Immigrants \| Western Africa	2.7 /100 \| #240	Tragic $79,490
Immigrants \| Nonimmigrants	2.6 /100 \| #241	Tragic $79,429