South American vs Bolivian 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 184,606,856 people shows no correlation between the proportion of Bolivians and median household income in the United States with a correlation coefficient (R) of 0.022 and weighted average of $102,195, a difference of 17.7%.

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 Bolivians are Immigrants from Australia ($102,562, a difference of 0.36%), Eastern European ($101,781, a difference of 0.41%), Asian ($101,681, a difference of 0.50%), Cypriot ($102,843, a difference of 0.63%), and Immigrants from Korea ($102,962, a difference of 0.75%).