Nepalese vs Spanish American Median Household Income

The statistical analysis conducted on geographies consisting of 24,521,755 people shows a moderate negative correlation between the proportion of Nepalese and median household income in the United States with a correlation coefficient (R) of -0.485 and weighted average of $82,410. Similarly, the statistical analysis conducted on geographies consisting of 103,163,457 people shows a weak negative correlation between the proportion of Spanish Americans and median household income in the United States with a correlation coefficient (R) of -0.299 and weighted average of $75,386, a difference of 9.3%.

In terms of median household income, the demographic groups most similar to Nepalese are Venezuelan ($82,432, a difference of 0.030%), Salvadoran ($82,449, a difference of 0.050%), Panamanian ($82,272, a difference of 0.17%), Immigrants from Uruguay ($82,560, a difference of 0.18%), and Vietnamese ($82,248, a difference of 0.20%).

In terms of median household income, the demographic groups most similar to Spanish Americans are Immigrants from Latin America ($75,420, a difference of 0.040%), Osage ($75,240, a difference of 0.19%), Immigrants from Micronesia ($75,574, a difference of 0.25%), British West Indian ($75,647, a difference of 0.35%), and Immigrants from Guatemala ($75,123, a difference of 0.35%).