South American vs Russian 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 511,515,990 people shows a weak negative correlation between the proportion of Russians and median household income in the United States with a correlation coefficient (R) of -0.239 and weighted average of $98,008, a difference of 12.9%.

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 Russians are Immigrants from Switzerland ($97,979, a difference of 0.030%), Immigrants from Pakistan ($97,528, a difference of 0.49%), Chinese ($98,496, a difference of 0.50%), Immigrants from Denmark ($98,510, a difference of 0.51%), and Latvian ($97,311, a difference of 0.72%).