Korean vs Nicaraguan Median Household Income
COMPARE
Korean
Nicaraguan
Median Household Income
Median Household Income Comparison
Koreans
Nicaraguans
$95,018
MEDIAN HOUSEHOLD INCOME
99.8/ 100
METRIC RATING
60th/ 347
METRIC RANK
$79,737
MEDIAN HOUSEHOLD INCOME
3.1/ 100
METRIC RATING
237th/ 347
METRIC RANK
Korean vs Nicaraguan 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 285,567,751 people shows a moderate negative correlation between the proportion of Nicaraguans and median household income in the United States with a correlation coefficient (R) of -0.455 and weighted average of $79,737, a difference of 19.2%.
Median Household Income Correlation Summary
Measurement | Korean | Nicaraguan |
Minimum | $52,792 | $29,878 |
Maximum | $125,300 | $129,595 |
Range | $72,508 | $99,717 |
Mean | $95,651 | $70,971 |
Median | $97,407 | $72,218 |
Interquartile 25% (IQ1) | $87,266 | $56,639 |
Interquartile 75% (IQ3) | $109,366 | $85,047 |
Interquartile Range (IQR) | $22,100 | $28,408 |
Standard Deviation (Sample) | $17,558 | $19,770 |
Standard Deviation (Population) | $17,478 | $19,624 |
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 Nicaraguans by Median Household Income
In terms of median household income, the demographic groups most similar to Nicaraguans are Barbadian ($79,664, a difference of 0.090%), Immigrants from Bosnia and Herzegovina ($79,888, a difference of 0.19%), Alaska Native ($79,509, a difference of 0.29%), Immigrants from Western Africa ($79,490, a difference of 0.31%), and Nonimmigrants ($79,429, a difference of 0.39%).
Demographics | Rating | Rank | Median Household Income |
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 |
Immigrants | Sudan | 2.1 /100 | #242 | Tragic $79,103 |
Immigrants | Barbados | 1.9 /100 | #243 | Tragic $78,989 |
Marshallese | 1.9 /100 | #244 | Tragic $78,930 |