Australian vs Immigrants from Italy Median Household Income

The statistical analysis conducted on geographies consisting of 223,978,576 people shows a moderate negative correlation between the proportion of Australians and median household income in the United States with a correlation coefficient (R) of -0.489 and weighted average of $96,490. Similarly, the statistical analysis conducted on geographies consisting of 324,128,900 people shows a mild negative correlation between the proportion of Immigrants from Italy and median household income in the United States with a correlation coefficient (R) of -0.399 and weighted average of $93,465, a difference of 3.2%.

In terms of median household income, the demographic groups most similar to Australians are Israeli ($96,552, a difference of 0.060%), Immigrants from Russia ($96,378, a difference of 0.12%), Cambodian ($96,324, a difference of 0.17%), Immigrants from Greece ($96,675, a difference of 0.19%), and Immigrants from Malaysia ($96,292, a difference of 0.21%).

In terms of median household income, the demographic groups most similar to Immigrants from Italy are South African ($93,379, a difference of 0.090%), Immigrants from Afghanistan ($93,375, a difference of 0.10%), Immigrants from Latvia ($93,602, a difference of 0.15%), Immigrants from Egypt ($93,700, a difference of 0.25%), and Immigrants from Bulgaria ($93,148, a difference of 0.34%).