South American vs American Median Household Income
COMPARE
South American
American
Median Household Income
Median Household Income Comparison
South Americans
Americans
$86,824
MEDIAN HOUSEHOLD INCOME
75.1/ 100
METRIC RATING
153rd/ 347
METRIC RANK
$75,932
MEDIAN HOUSEHOLD INCOME
0.3/ 100
METRIC RATING
266th/ 347
METRIC RANK
South American vs American Median Household Income Correlation Chart
The statistical analysis conducted on geographies consisting of 493,431,068 people shows a poor negative correlation between the proportion of South Americans and median household income in the United States with a correlation coefficient (R) of -0.188 and weighted average of $86,824. Similarly, the statistical analysis conducted on geographies consisting of 580,584,472 people shows a significant negative correlation between the proportion of Americans and median household income in the United States with a correlation coefficient (R) of -0.603 and weighted average of $75,932, a difference of 14.3%.
Median Household Income Correlation Summary
Measurement | South American | American |
Minimum | $36,563 | $2,499 |
Maximum | $145,121 | $93,750 |
Range | $108,558 | $91,251 |
Mean | $82,451 | $56,747 |
Median | $80,811 | $56,097 |
Interquartile 25% (IQ1) | $71,448 | $48,888 |
Interquartile 75% (IQ3) | $92,775 | $64,069 |
Interquartile Range (IQR) | $21,327 | $15,181 |
Standard Deviation (Sample) | $17,445 | $14,812 |
Standard Deviation (Population) | $17,367 | $14,765 |
Similar Demographics by Median Household Income
Demographics Similar to South Americans by Median Household Income
In terms of median household income, the demographic groups most similar to South Americans are Immigrants from Saudi Arabia ($86,875, a difference of 0.060%), Immigrants from Germany ($86,764, a difference of 0.070%), Hungarian ($86,920, a difference of 0.11%), Basque ($87,001, a difference of 0.20%), and Carpatho Rusyn ($86,635, a difference of 0.22%).
Demographics | Rating | Rank | Median Household Income |
Immigrants | Uganda | 82.8 /100 | #146 | Excellent $87,553 |
South American Indians | 81.8 /100 | #147 | Excellent $87,446 |
Costa Ricans | 80.0 /100 | #148 | Excellent $87,262 |
Immigrants | Nepal | 77.7 /100 | #149 | Good $87,046 |
Basques | 77.2 /100 | #150 | Good $87,001 |
Hungarians | 76.3 /100 | #151 | Good $86,920 |
Immigrants | Saudi Arabia | 75.8 /100 | #152 | Good $86,875 |
South Americans | 75.1 /100 | #153 | Good $86,824 |
Immigrants | Germany | 74.4 /100 | #154 | Good $86,764 |
Carpatho Rusyns | 72.8 /100 | #155 | Good $86,635 |
Immigrants | Albania | 71.5 /100 | #156 | Good $86,534 |
Samoans | 71.0 /100 | #157 | Good $86,498 |
Moroccans | 70.6 /100 | #158 | Good $86,468 |
Immigrants | Uzbekistan | 70.1 /100 | #159 | Good $86,425 |
Luxembourgers | 70.0 /100 | #160 | Good $86,418 |
Demographics Similar to Americans by Median Household Income
In terms of median household income, the demographic groups most similar to Americans are Immigrants from Belize ($75,938, a difference of 0.010%), Guatemalan ($75,961, a difference of 0.040%), German Russian ($75,856, a difference of 0.10%), Immigrants from Jamaica ($75,851, a difference of 0.11%), and Cape Verdean ($75,848, a difference of 0.11%).
Demographics | Rating | Rank | Median Household Income |
Spanish American Indians | 0.4 /100 | #259 | Tragic $76,670 |
Jamaicans | 0.4 /100 | #260 | Tragic $76,583 |
Immigrants | Grenada | 0.4 /100 | #261 | Tragic $76,517 |
French American Indians | 0.4 /100 | #262 | Tragic $76,387 |
Alaskan Athabascans | 0.4 /100 | #263 | Tragic $76,383 |
Guatemalans | 0.3 /100 | #264 | Tragic $75,961 |
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 |