Korean vs Mongolian Median Household Income
COMPARE
Korean
Mongolian
Median Household Income
Median Household Income Comparison
Koreans
Mongolians
$95,018
MEDIAN HOUSEHOLD INCOME
99.8/ 100
METRIC RATING
60th/ 347
METRIC RANK
$93,971
MEDIAN HOUSEHOLD INCOME
99.7/ 100
METRIC RATING
68th/ 347
METRIC RANK
Korean vs Mongolian 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 140,276,403 people shows a slight negative correlation between the proportion of Mongolians and median household income in the United States with a correlation coefficient (R) of -0.094 and weighted average of $93,971, a difference of 1.1%.
Median Household Income Correlation Summary
Measurement | Korean | Mongolian |
Minimum | $52,792 | $29,643 |
Maximum | $125,300 | $210,785 |
Range | $72,508 | $181,142 |
Mean | $95,651 | $96,039 |
Median | $97,407 | $97,648 |
Interquartile 25% (IQ1) | $87,266 | $79,996 |
Interquartile 75% (IQ3) | $109,366 | $108,680 |
Interquartile Range (IQR) | $22,100 | $28,684 |
Standard Deviation (Sample) | $17,558 | $28,830 |
Standard Deviation (Population) | $17,478 | $28,576 |
Demographics Similar to Koreans and Mongolians 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 Mongolians are Argentinean ($93,960, a difference of 0.010%), Immigrants from Fiji ($93,933, a difference of 0.040%), Immigrants from Philippines ($93,899, a difference of 0.080%), Immigrants from Scotland ($94,091, a difference of 0.13%), and Lithuanian ($93,852, a difference of 0.13%).
Demographics | Rating | Rank | Median Household Income |
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 |
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 |