Hispanic or Latino vs Somali Median Household Income

The statistical analysis conducted on geographies consisting of 577,204,907 people shows a very strong negative correlation between the proportion of Hispanics or Latinos and median household income in the United States with a correlation coefficient (R) of -0.831 and weighted average of $73,823. Similarly, the statistical analysis conducted on geographies consisting of 99,284,368 people shows a significant negative correlation between the proportion of Somalis and median household income in the United States with a correlation coefficient (R) of -0.647 and weighted average of $75,782, a difference of 2.6%.

In terms of median household income, the demographic groups most similar to Hispanics or Latinos are Bangladeshi ($74,112, a difference of 0.39%), Fijian ($74,205, a difference of 0.52%), Immigrants from Central America ($74,217, a difference of 0.53%), Iroquois ($74,279, a difference of 0.62%), and Immigrants from Somalia ($74,300, a difference of 0.65%). Similarly, the demographic groups most similar to Somalis are Pennsylvania German ($75,814, a difference of 0.040%), Liberian ($75,667, a difference of 0.15%), British West Indian ($75,647, a difference of 0.18%), Immigrants from Micronesia ($75,574, a difference of 0.27%), and Immigrants from Latin America ($75,420, a difference of 0.48%).