Korean vs Immigrants from Somalia 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 92,093,487 people shows a significant negative correlation between the proportion of Immigrants from Somalia and median household income in the United States with a correlation coefficient (R) of -0.611 and weighted average of $74,300, a difference of 27.9%.

Median Household Income Correlation Summary

Measurement	Korean	Immigrants from Somalia
Minimum	$52,792	$21,288
Maximum	$125,300	$111,048
Range	$72,508	$89,760
Mean	$95,651	$68,739
Median	$97,407	$72,392
Interquartile 25% (IQ1)	$87,266	$59,132
Interquartile 75% (IQ3)	$109,366	$79,747
Interquartile Range (IQR)	$22,100	$20,615
Standard Deviation (Sample)	$17,558	$16,683
Standard Deviation (Population)	$17,478	$16,570

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 Somalia by Median Household Income

In terms of median household income, the demographic groups most similar to Immigrants from Somalia are Iroquois ($74,279, a difference of 0.030%), Immigrants from Central America ($74,217, a difference of 0.11%), Mexican ($74,399, a difference of 0.13%), Fijian ($74,205, a difference of 0.13%), and Bangladeshi ($74,112, a difference of 0.25%).

Demographics	Rating \| Rank	Median Household Income
Immigrants \| Guatemala	0.2 /100 \| #279	Tragic $75,123
Senegalese	0.2 /100 \| #280	Tragic $74,999
Immigrants \| Liberia	0.1 /100 \| #281	Tragic $74,896
Central American Indians	0.1 /100 \| #282	Tragic $74,847
Cree	0.1 /100 \| #283	Tragic $74,685
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