Somali vs Korean Median Household Income
COMPARE
Somali
Korean
Median Household Income
Median Household Income Comparison
Somalis
Koreans
$75,782
MEDIAN HOUSEHOLD INCOME
0.3/ 100
METRIC RATING
272nd/ 347
METRIC RANK
$95,018
MEDIAN HOUSEHOLD INCOME
99.8/ 100
METRIC RATING
60th/ 347
METRIC RANK
Somali vs Korean Median Household Income Correlation Chart
The statistical analysis conducted on geographies consisting of 99,284,368 people shows a significant negative correlation between the proportion of Somalis and median household income in the United States with a correlation coefficient (R) of -0.647 and weighted average of $75,782. Similarly, the statistical analysis conducted on geographies consisting of 510,219,050 people shows a weak negative correlation between the proportion of Koreans and median household income in the United States with a correlation coefficient (R) of -0.275 and weighted average of $95,018, a difference of 25.4%.
Median Household Income Correlation Summary
Measurement | Somali | Korean |
Minimum | $24,660 | $52,792 |
Maximum | $111,550 | $125,300 |
Range | $86,890 | $72,508 |
Mean | $71,854 | $95,651 |
Median | $73,292 | $97,407 |
Interquartile 25% (IQ1) | $60,808 | $87,266 |
Interquartile 75% (IQ3) | $81,847 | $109,366 |
Interquartile Range (IQR) | $21,039 | $22,100 |
Standard Deviation (Sample) | $17,515 | $17,558 |
Standard Deviation (Population) | $17,352 | $17,478 |
Similar Demographics by Median Household Income
Demographics Similar to Somalis by Median Household Income
In terms of median household income, the demographic groups most similar to Somalis are Pennsylvania German ($75,814, a difference of 0.040%), Hmong ($75,839, a difference of 0.080%), Immigrants from Jamaica ($75,851, a difference of 0.090%), Cape Verdean ($75,848, a difference of 0.090%), and German Russian ($75,856, a difference of 0.10%).
Demographics | Rating | Rank | Median Household Income |
Immigrants | Belize | 0.3 /100 | #265 | Tragic $75,938 |
Americans | 0.3 /100 | #266 | Tragic $75,932 |
German Russians | 0.3 /100 | #267 | Tragic $75,856 |
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 |
Demographics Similar to Koreans by Median Household Income
In terms of median household income, the demographic groups most similar to Koreans are Immigrants from Europe ($95,032, a difference of 0.020%), Laotian ($94,990, a difference of 0.030%), Soviet Union ($95,098, a difference of 0.080%), New Zealander ($95,146, a difference of 0.13%), and Immigrants from Norway ($94,846, a difference of 0.18%).
Demographics | Rating | Rank | Median Household Income |
Paraguayans | 99.9 /100 | #53 | Exceptional $95,737 |
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 |