Latvian vs South American Indian Median Family Income
COMPARE
Latvian
South American Indian
Median Family Income
Median Family Income Comparison
Latvians
South American Indians
$120,301
MEDIAN FAMILY INCOME
100.0/ 100
METRIC RATING
29th/ 347
METRIC RANK
$103,624
MEDIAN FAMILY INCOME
61.9/ 100
METRIC RATING
167th/ 347
METRIC RANK
Latvian vs South American Indian 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 164,518,515 people shows a poor negative correlation between the proportion of South American Indians and median family income in the United States with a correlation coefficient (R) of -0.185 and weighted average of $103,624, a difference of 16.1%.
Median Family Income Correlation Summary
Measurement | Latvian | South American Indian |
Minimum | $41,641 | $48,893 |
Maximum | $207,328 | $160,228 |
Range | $165,687 | $111,335 |
Mean | $114,631 | $95,594 |
Median | $116,635 | $97,421 |
Interquartile 25% (IQ1) | $80,254 | $81,563 |
Interquartile 75% (IQ3) | $139,118 | $109,158 |
Interquartile Range (IQR) | $58,864 | $27,595 |
Standard Deviation (Sample) | $40,043 | $24,795 |
Standard Deviation (Population) | $39,714 | $24,467 |
Similar Demographics by Median Family Income
Demographics Similar to Latvians 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%).
Demographics | Rating | Rank | Median Family Income |
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 |
Bolivians | 100.0 /100 | #34 | Exceptional $119,479 |
Soviet Union | 100.0 /100 | #35 | Exceptional $119,262 |
Israelis | 100.0 /100 | #36 | Exceptional $118,577 |
Demographics Similar to South American Indians by Median Family Income
In terms of median family income, the demographic groups most similar to South American Indians are English ($103,684, a difference of 0.060%), Immigrants from Peru ($103,534, a difference of 0.090%), Slovak ($103,729, a difference of 0.10%), Sierra Leonean ($103,859, a difference of 0.23%), and Czechoslovakian ($103,273, a difference of 0.34%).
Demographics | Rating | Rank | Median Family Income |
Scottish | 69.5 /100 | #160 | Good $104,288 |
Icelanders | 69.4 /100 | #161 | Good $104,282 |
Immigrants | Sierra Leone | 66.2 /100 | #162 | Good $103,990 |
Costa Ricans | 66.2 /100 | #163 | Good $103,989 |
Sierra Leoneans | 64.7 /100 | #164 | Good $103,859 |
Slovaks | 63.1 /100 | #165 | Good $103,729 |
English | 62.6 /100 | #166 | Good $103,684 |
South American Indians | 61.9 /100 | #167 | Good $103,624 |
Immigrants | Peru | 60.8 /100 | #168 | Good $103,534 |
Czechoslovakians | 57.6 /100 | #169 | Average $103,273 |
Immigrants | Uzbekistan | 56.6 /100 | #170 | Average $103,197 |
Alsatians | 54.3 /100 | #171 | Average $103,010 |
Immigrants | Eritrea | 51.9 /100 | #172 | Average $102,823 |
Belgians | 51.4 /100 | #173 | Average $102,788 |
Finns | 50.0 /100 | #174 | Average $102,676 |