Korean vs Immigrants from Italy Median Household Income
COMPARE
Korean
Immigrants from Italy
Median Household Income
Median Household Income Comparison
Koreans
Immigrants from Italy
$95,018
MEDIAN HOUSEHOLD INCOME
99.8/ 100
METRIC RATING
60th/ 347
METRIC RANK
$93,465
MEDIAN HOUSEHOLD INCOME
99.5/ 100
METRIC RATING
75th/ 347
METRIC RANK
Korean vs Immigrants from Italy 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 324,128,900 people shows a mild negative correlation between the proportion of Immigrants from Italy and median household income in the United States with a correlation coefficient (R) of -0.399 and weighted average of $93,465, a difference of 1.7%.
Median Household Income Correlation Summary
Measurement | Korean | Immigrants from Italy |
Minimum | $52,792 | $31,923 |
Maximum | $125,300 | $124,607 |
Range | $72,508 | $92,684 |
Mean | $95,651 | $89,307 |
Median | $97,407 | $94,900 |
Interquartile 25% (IQ1) | $87,266 | $73,911 |
Interquartile 75% (IQ3) | $109,366 | $107,408 |
Interquartile Range (IQR) | $22,100 | $33,497 |
Standard Deviation (Sample) | $17,558 | $24,372 |
Standard Deviation (Population) | $17,478 | $23,899 |
Demographics Similar to Koreans and Immigrants from Italy 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%). Similarly, the demographic groups most similar to Immigrants from Italy are South African ($93,379, a difference of 0.090%), Immigrants from Afghanistan ($93,375, a difference of 0.10%), Immigrants from Latvia ($93,602, a difference of 0.15%), Immigrants from Egypt ($93,700, a difference of 0.25%), and Lithuanian ($93,852, a difference of 0.41%).
Demographics | Rating | Rank | Median Household Income |
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 |
Mongolians | 99.7 /100 | #68 | Exceptional $93,971 |
Argentineans | 99.7 /100 | #69 | Exceptional $93,960 |
Immigrants | Fiji | 99.7 /100 | #70 | Exceptional $93,933 |
Immigrants | Philippines | 99.6 /100 | #71 | Exceptional $93,899 |
Lithuanians | 99.6 /100 | #72 | Exceptional $93,852 |
Immigrants | Egypt | 99.6 /100 | #73 | Exceptional $93,700 |
Immigrants | Latvia | 99.6 /100 | #74 | Exceptional $93,602 |
Immigrants | Italy | 99.5 /100 | #75 | Exceptional $93,465 |
South Africans | 99.5 /100 | #76 | Exceptional $93,379 |
Immigrants | Afghanistan | 99.5 /100 | #77 | Exceptional $93,375 |