American vs Mongolian Median Family Income

The statistical analysis conducted on geographies consisting of 580,248,843 people shows a mild negative correlation between the proportion of Americans and median family income in the United States with a correlation coefficient (R) of -0.326 and weighted average of $92,096. Similarly, the statistical analysis conducted on geographies consisting of 140,257,208 people shows a poor negative correlation between the proportion of Mongolians and median family income in the United States with a correlation coefficient (R) of -0.115 and weighted average of $114,553, a difference of 24.4%.

In terms of median family income, the demographic groups most similar to Americans are Nicaraguan ($92,231, a difference of 0.15%), Immigrants from Laos ($92,239, a difference of 0.16%), Osage ($91,926, a difference of 0.19%), Cape Verdean ($91,848, a difference of 0.27%), and Immigrants from Barbados ($92,419, a difference of 0.35%).

In terms of median family income, the demographic groups most similar to Mongolians are Immigrants from Belarus ($114,586, a difference of 0.030%), Immigrants from Pakistan ($114,406, a difference of 0.13%), Immigrants from Scotland ($114,392, a difference of 0.14%), Immigrants from Latvia ($114,826, a difference of 0.24%), and Immigrants from Netherlands ($114,987, a difference of 0.38%).