Spanish American vs Hispanic or Latino Median Family Income

The statistical analysis conducted on geographies consisting of 103,155,631 people shows a poor positive correlation between the proportion of Spanish Americans and median family income in the United States with a correlation coefficient (R) of 0.136 and weighted average of $90,322. Similarly, the statistical analysis conducted on geographies consisting of 576,861,643 people shows a near-perfect negative correlation between the proportion of Hispanics or Latinos and median family income in the United States with a correlation coefficient (R) of -0.909 and weighted average of $85,647, a difference of 5.5%.

In terms of median family income, the demographic groups most similar to Spanish Americans are Immigrants from Micronesia ($90,345, a difference of 0.020%), Immigrants from Liberia ($90,450, a difference of 0.14%), Iroquois ($90,543, a difference of 0.24%), Immigrants from St. Vincent and the Grenadines ($90,094, a difference of 0.25%), and Jamaican ($90,581, a difference of 0.29%).

In terms of median family income, the demographic groups most similar to Hispanics or Latinos are Mexican ($85,618, a difference of 0.030%), Spanish American Indian ($85,728, a difference of 0.090%), Colville ($85,792, a difference of 0.17%), Paiute ($85,414, a difference of 0.27%), and Immigrants from Dominica ($85,411, a difference of 0.28%).