South American vs Argentinean Median Household Income

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 296,944,042 people shows a mild positive correlation between the proportion of Argentineans and median household income in the United States with a correlation coefficient (R) of 0.396 and weighted average of $93,960, a difference of 8.2%.

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%).

In terms of median household income, the demographic groups most similar to Argentineans are Mongolian ($93,971, a difference of 0.010%), Immigrants from Fiji ($93,933, a difference of 0.030%), Immigrants from Philippines ($93,899, a difference of 0.070%), Lithuanian ($93,852, a difference of 0.11%), and Immigrants from Scotland ($94,091, a difference of 0.14%).