Korean vs Latvian Per Capita Income
COMPARE
Korean
Latvian
Per Capita Income
Per Capita Income Comparison
Koreans
Latvians
$44,522
PER CAPITA INCOME
72.5/ 100
METRIC RATING
149th/ 347
METRIC RANK
$52,649
PER CAPITA INCOME
100.0/ 100
METRIC RATING
28th/ 347
METRIC RANK
Korean vs Latvian Per Capita Income Correlation Chart
The statistical analysis conducted on geographies consisting of 510,996,517 people shows a significant negative correlation between the proportion of Koreans and per capita income in the United States with a correlation coefficient (R) of -0.691 and weighted average of $44,522. Similarly, the statistical analysis conducted on geographies consisting of 220,728,386 people shows a weak negative correlation between the proportion of Latvians and per capita income in the United States with a correlation coefficient (R) of -0.257 and weighted average of $52,649, a difference of 18.2%.
Per Capita Income Correlation Summary
| Measurement | Korean | Latvian |
| Minimum | $13,802 | $3,646 |
| Maximum | $52,147 | $115,504 |
| Range | $38,345 | $111,858 |
| Mean | $38,981 | $51,165 |
| Median | $40,908 | $52,046 |
| Interquartile 25% (IQ1) | $34,687 | $36,086 |
| Interquartile 75% (IQ3) | $45,181 | $65,124 |
| Interquartile Range (IQR) | $10,494 | $29,038 |
| Standard Deviation (Sample) | $8,123 | $21,773 |
| Standard Deviation (Population) | $8,088 | $21,617 |
Similar Demographics by Per Capita Income
Demographics Similar to Koreans by Per Capita Income
In terms of per capita income, the demographic groups most similar to Koreans are Immigrants from Eritrea ($44,509, a difference of 0.030%), Immigrants from Armenia ($44,552, a difference of 0.070%), Norwegian ($44,480, a difference of 0.10%), Peruvian ($44,479, a difference of 0.10%), and Czech ($44,595, a difference of 0.16%).
| Demographics | Rating | Rank | Per Capita Income |
| Ugandans | 82.6 /100 | #142 | Excellent $45,047 |
| Immigrants | Uganda | 82.5 /100 | #143 | Excellent $45,043 |
| Icelanders | 81.6 /100 | #144 | Excellent $44,987 |
| Immigrants | Afghanistan | 78.0 /100 | #145 | Good $44,790 |
| Irish | 75.8 /100 | #146 | Good $44,679 |
| Czechs | 74.1 /100 | #147 | Good $44,595 |
| Immigrants | Armenia | 73.1 /100 | #148 | Good $44,552 |
| Koreans | 72.5 /100 | #149 | Good $44,522 |
| Immigrants | Eritrea | 72.1 /100 | #150 | Good $44,509 |
| Norwegians | 71.5 /100 | #151 | Good $44,480 |
| Peruvians | 71.5 /100 | #152 | Good $44,479 |
| Scottish | 70.6 /100 | #153 | Good $44,440 |
| Portuguese | 68.7 /100 | #154 | Good $44,362 |
| Uruguayans | 67.6 /100 | #155 | Good $44,318 |
| Slovaks | 65.4 /100 | #156 | Good $44,229 |
Demographics Similar to Latvians by Per Capita Income
In terms of per capita income, the demographic groups most similar to Latvians are Immigrants from South Central Asia ($52,660, a difference of 0.020%), Israeli ($52,596, a difference of 0.10%), Immigrants from Austria ($52,503, a difference of 0.28%), Turkish ($52,391, a difference of 0.49%), and Immigrants from Norway ($52,217, a difference of 0.83%).
| Demographics | Rating | Rank | Per Capita Income |
| Immigrants | Northern Europe | 100.0 /100 | #21 | Exceptional $54,159 |
| Indians (Asian) | 100.0 /100 | #22 | Exceptional $53,874 |
| Immigrants | Eastern Asia | 100.0 /100 | #23 | Exceptional $53,806 |
| Immigrants | Denmark | 100.0 /100 | #24 | Exceptional $53,799 |
| Immigrants | Japan | 100.0 /100 | #25 | Exceptional $53,359 |
| Russians | 100.0 /100 | #26 | Exceptional $53,154 |
| Immigrants | South Central Asia | 100.0 /100 | #27 | Exceptional $52,660 |
| Latvians | 100.0 /100 | #28 | Exceptional $52,649 |
| Israelis | 100.0 /100 | #29 | Exceptional $52,596 |
| Immigrants | Austria | 100.0 /100 | #30 | Exceptional $52,503 |
| Turks | 100.0 /100 | #31 | Exceptional $52,391 |
| Immigrants | Norway | 100.0 /100 | #32 | Exceptional $52,217 |
| Australians | 100.0 /100 | #33 | Exceptional $52,074 |
| Immigrants | Russia | 100.0 /100 | #34 | Exceptional $52,044 |
| Burmese | 100.0 /100 | #35 | Exceptional $52,005 |