Laotian vs Immigrants from Micronesia Median Household Income

The statistical analysis conducted on geographies consisting of 224,713,642 people shows a weak negative correlation between the proportion of Laotians and median household income in the United States with a correlation coefficient (R) of -0.277 and weighted average of $94,990. Similarly, the statistical analysis conducted on geographies consisting of 61,597,439 people shows a poor negative correlation between the proportion of Immigrants from Micronesia and median household income in the United States with a correlation coefficient (R) of -0.186 and weighted average of $75,574, a difference of 25.7%.

Median Household Income Correlation Summary

Measurement	Laotian	Immigrants from Micronesia
Minimum	$39,542	$36,071
Maximum	$153,021	$96,614
Range	$113,479	$60,543
Mean	$87,400	$66,523
Median	$85,171	$68,636
Interquartile 25% (IQ1)	$72,352	$54,388
Interquartile 75% (IQ3)	$104,389	$79,184
Interquartile Range (IQR)	$32,037	$24,796
Standard Deviation (Sample)	$23,584	$16,084
Standard Deviation (Population)	$23,302	$15,887

Similar Demographics by Median Household Income

Demographics Similar to Laotians by Median Household Income

In terms of median household income, the demographic groups most similar to Laotians are Korean ($95,018, a difference of 0.030%), Immigrants from Europe ($95,032, a difference of 0.040%), Soviet Union ($95,098, a difference of 0.11%), Immigrants from Norway ($94,846, a difference of 0.15%), and New Zealander ($95,146, a difference of 0.16%).

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

Demographics Similar to Immigrants from Micronesia by Median Household Income

In terms of median household income, the demographic groups most similar to Immigrants from Micronesia are British West Indian ($75,647, a difference of 0.10%), Liberian ($75,667, a difference of 0.12%), Immigrants from Latin America ($75,420, a difference of 0.20%), Spanish American ($75,386, a difference of 0.25%), and Somali ($75,782, a difference of 0.27%).

Demographics	Rating \| Rank	Median Household Income
Immigrants \| Jamaica	0.3 /100 \| #268	Tragic $75,851
Cape Verdeans	0.3 /100 \| #269	Tragic $75,848
Hmong	0.3 /100 \| #270	Tragic $75,839
Pennsylvania Germans	0.3 /100 \| #271	Tragic $75,814
Somalis	0.3 /100 \| #272	Tragic $75,782
Liberians	0.2 /100 \| #273	Tragic $75,667
British West Indians	0.2 /100 \| #274	Tragic $75,647
Immigrants \| Micronesia	0.2 /100 \| #275	Tragic $75,574
Immigrants \| Latin America	0.2 /100 \| #276	Tragic $75,420
Spanish Americans	0.2 /100 \| #277	Tragic $75,386
Osage	0.2 /100 \| #278	Tragic $75,240
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