Immigrants from Europe vs Korean Median Household Income

The statistical analysis conducted on geographies consisting of 546,586,899 people shows a moderate negative correlation between the proportion of Immigrants from Europe and median household income in the United States with a correlation coefficient (R) of -0.490 and weighted average of $95,032. Similarly, the statistical analysis conducted on geographies consisting of 510,219,050 people shows a weak negative correlation between the proportion of Koreans and median household income in the United States with a correlation coefficient (R) of -0.275 and weighted average of $95,018, a difference of 0.020%.

Median Household Income Correlation Summary

Measurement	Immigrants from Europe	Korean
Minimum	$32,853	$52,792
Maximum	$146,675	$125,300
Range	$113,822	$72,508
Mean	$88,761	$95,651
Median	$85,626	$97,407
Interquartile 25% (IQ1)	$74,349	$87,266
Interquartile 75% (IQ3)	$105,928	$109,366
Interquartile Range (IQR)	$31,579	$22,100
Standard Deviation (Sample)	$23,344	$17,558
Standard Deviation (Population)	$23,142	$17,478

Demographics Similar to Immigrants from Europe and Koreans by Median Household Income

In terms of median household income, the demographic groups most similar to Immigrants from Europe are Laotian ($94,990, a difference of 0.040%), Soviet Union ($95,098, a difference of 0.070%), New Zealander ($95,146, a difference of 0.12%), Immigrants from Norway ($94,846, a difference of 0.20%), and Immigrants from Austria ($95,277, a difference of 0.26%). Similarly, the demographic groups most similar to Koreans are Laotian ($94,990, a difference of 0.030%), Soviet Union ($95,098, a difference of 0.080%), New Zealander ($95,146, a difference of 0.13%), Immigrants from Norway ($94,846, a difference of 0.18%), and Immigrants from Austria ($95,277, a difference of 0.27%).

Demographics	Rating \| Rank	Median Household Income
Immigrants \| Malaysia	99.9 /100 \| #49	Exceptional $96,292
Bulgarians	99.9 /100 \| #50	Exceptional $96,290
Estonians	99.9 /100 \| #51	Exceptional $95,930
Immigrants \| South Africa	99.9 /100 \| #52	Exceptional $95,800
Paraguayans	99.9 /100 \| #53	Exceptional $95,737
Egyptians	99.9 /100 \| #54	Exceptional $95,673
Immigrants \| Czechoslovakia	99.9 /100 \| #55	Exceptional $95,319
Immigrants \| Austria	99.9 /100 \| #56	Exceptional $95,277
New Zealanders	99.8 /100 \| #57	Exceptional $95,146
Soviet Union	99.8 /100 \| #58	Exceptional $95,098
Immigrants \| Europe	99.8 /100 \| #59	Exceptional $95,032
Koreans	99.8 /100 \| #60	Exceptional $95,018
Laotians	99.8 /100 \| #61	Exceptional $94,990
Immigrants \| Norway	99.8 /100 \| #62	Exceptional $94,846
Greeks	99.8 /100 \| #63	Exceptional $94,735
Immigrants \| Netherlands	99.7 /100 \| #64	Exceptional $94,411
Immigrants \| Belarus	99.7 /100 \| #65	Exceptional $94,399
Immigrants \| Romania	99.7 /100 \| #66	Exceptional $94,222
Immigrants \| Scotland	99.7 /100 \| #67	Exceptional $94,091
Mongolians	99.7 /100 \| #68	Exceptional $93,971
Argentineans	99.7 /100 \| #69	Exceptional $93,960