Latvian vs Immigrants from Australia Median Family Income
COMPARE
Latvian
Immigrants from Australia
Median Family Income
Median Family Income Comparison
Latvians
Immigrants from Australia
$120,301
MEDIAN FAMILY INCOME
100.0/ 100
METRIC RATING
29th/ 347
METRIC RANK
$126,620
MEDIAN FAMILY INCOME
100.0/ 100
METRIC RATING
13th/ 347
METRIC RANK
Latvian vs Immigrants from Australia Median Family Income Correlation Chart
The statistical analysis conducted on geographies consisting of 220,626,536 people shows a moderate negative correlation between the proportion of Latvians and median family income in the United States with a correlation coefficient (R) of -0.402 and weighted average of $120,301. Similarly, the statistical analysis conducted on geographies consisting of 227,105,113 people shows a mild negative correlation between the proportion of Immigrants from Australia and median family income in the United States with a correlation coefficient (R) of -0.359 and weighted average of $126,620, a difference of 5.2%.
Median Family Income Correlation Summary
Measurement | Latvian | Immigrants from Australia |
Minimum | $41,641 | $40,038 |
Maximum | $207,328 | $248,750 |
Range | $165,687 | $208,712 |
Mean | $114,631 | $125,759 |
Median | $116,635 | $125,053 |
Interquartile 25% (IQ1) | $80,254 | $90,291 |
Interquartile 75% (IQ3) | $139,118 | $159,793 |
Interquartile Range (IQR) | $58,864 | $69,502 |
Standard Deviation (Sample) | $40,043 | $48,023 |
Standard Deviation (Population) | $39,714 | $47,640 |
Demographics Similar to Latvians and Immigrants from Australia by Median Family Income
In terms of median family income, the demographic groups most similar to Latvians are Immigrants from Sri Lanka ($120,263, a difference of 0.030%), Immigrants from Denmark ($120,445, a difference of 0.12%), Russian ($120,487, a difference of 0.15%), Immigrants from France ($120,076, a difference of 0.19%), and Immigrants from Switzerland ($120,726, a difference of 0.35%). Similarly, the demographic groups most similar to Immigrants from Australia are Cypriot ($127,064, a difference of 0.35%), Immigrants from South Central Asia ($125,956, a difference of 0.53%), Immigrants from Israel ($127,430, a difference of 0.64%), Eastern European ($125,546, a difference of 0.86%), and Immigrants from China ($125,540, a difference of 0.86%).
Demographics | Rating | Rank | Median Family Income |
Immigrants | Israel | 100.0 /100 | #11 | Exceptional $127,430 |
Cypriots | 100.0 /100 | #12 | Exceptional $127,064 |
Immigrants | Australia | 100.0 /100 | #13 | Exceptional $126,620 |
Immigrants | South Central Asia | 100.0 /100 | #14 | Exceptional $125,956 |
Eastern Europeans | 100.0 /100 | #15 | Exceptional $125,546 |
Immigrants | China | 100.0 /100 | #16 | Exceptional $125,540 |
Indians (Asian) | 100.0 /100 | #17 | Exceptional $125,312 |
Immigrants | Eastern Asia | 100.0 /100 | #18 | Exceptional $125,150 |
Immigrants | Belgium | 100.0 /100 | #19 | Exceptional $123,831 |
Burmese | 100.0 /100 | #20 | Exceptional $123,369 |
Immigrants | Korea | 100.0 /100 | #21 | Exceptional $122,800 |
Immigrants | Sweden | 100.0 /100 | #22 | Exceptional $122,765 |
Immigrants | Japan | 100.0 /100 | #23 | Exceptional $122,764 |
Immigrants | Northern Europe | 100.0 /100 | #24 | Exceptional $121,840 |
Turks | 100.0 /100 | #25 | Exceptional $121,202 |
Immigrants | Switzerland | 100.0 /100 | #26 | Exceptional $120,726 |
Russians | 100.0 /100 | #27 | Exceptional $120,487 |
Immigrants | Denmark | 100.0 /100 | #28 | Exceptional $120,445 |
Latvians | 100.0 /100 | #29 | Exceptional $120,301 |
Immigrants | Sri Lanka | 100.0 /100 | #30 | Exceptional $120,263 |
Immigrants | France | 100.0 /100 | #31 | Exceptional $120,076 |