Latvian vs Indian (Asian) Median Family Income
COMPARE
Latvian
Indian (Asian)
Median Family Income
Median Family Income Comparison
Latvians
Indians (Asian)
$120,301
MEDIAN FAMILY INCOME
100.0/ 100
METRIC RATING
29th/ 347
METRIC RANK
$125,312
MEDIAN FAMILY INCOME
100.0/ 100
METRIC RATING
17th/ 347
METRIC RANK
Latvian vs Indian (Asian) 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 494,431,104 people shows a mild negative correlation between the proportion of Indians (Asian) and median family income in the United States with a correlation coefficient (R) of -0.368 and weighted average of $125,312, a difference of 4.2%.
Median Family Income Correlation Summary
| Measurement | Latvian | Indian (Asian) |
| Minimum | $41,641 | $56,023 |
| Maximum | $207,328 | $241,763 |
| Range | $165,687 | $185,740 |
| Mean | $114,631 | $131,617 |
| Median | $116,635 | $132,818 |
| Interquartile 25% (IQ1) | $80,254 | $104,858 |
| Interquartile 75% (IQ3) | $139,118 | $155,124 |
| Interquartile Range (IQR) | $58,864 | $50,266 |
| Standard Deviation (Sample) | $40,043 | $36,827 |
| Standard Deviation (Population) | $39,714 | $36,656 |
Demographics Similar to Latvians and Indians (Asian) 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 Asian ($119,955, a difference of 0.29%). Similarly, the demographic groups most similar to Indians (Asian) are Immigrants from Eastern Asia ($125,150, a difference of 0.13%), Immigrants from China ($125,540, a difference of 0.18%), Eastern European ($125,546, a difference of 0.19%), Immigrants from South Central Asia ($125,956, a difference of 0.51%), and Immigrants from Australia ($126,620, a difference of 1.0%).
| Demographics | Rating | Rank | Median Family Income |
| 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 |
| Asians | 100.0 /100 | #32 | Exceptional $119,955 |
| Bhutanese | 100.0 /100 | #33 | Exceptional $119,800 |