South American vs Spaniard 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 443,014,990 people shows a poor negative correlation between the proportion of Spaniards and median household income in the United States with a correlation coefficient (R) of -0.111 and weighted average of $84,644, a difference of 2.6%.

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 Spaniards are Uruguayan ($84,691, a difference of 0.060%), Hawaiian ($84,729, a difference of 0.10%), Immigrants from Portugal ($84,740, a difference of 0.11%), English ($84,915, a difference of 0.32%), and Czechoslovakian ($84,965, a difference of 0.38%).