Immigrants from Korea vs Latvian Median Household Income
COMPARE
Immigrants from Korea
Latvian
Median Household Income
Median Household Income Comparison
Immigrants from Korea
Latvians
$102,962
MEDIAN HOUSEHOLD INCOME
100.0/ 100
METRIC RATING
17th/ 347
METRIC RANK
$97,311
MEDIAN HOUSEHOLD INCOME
100.0/ 100
METRIC RATING
37th/ 347
METRIC RANK
Immigrants from Korea vs Latvian Median Household Income Correlation Chart
The statistical analysis conducted on geographies consisting of 415,854,714 people shows no correlation between the proportion of Immigrants from Korea and median household income in the United States with a correlation coefficient (R) of -0.046 and weighted average of $102,962. Similarly, the statistical analysis conducted on geographies consisting of 220,635,560 people shows a mild negative correlation between the proportion of Latvians and median household income in the United States with a correlation coefficient (R) of -0.349 and weighted average of $97,311, a difference of 5.8%.
Median Household Income Correlation Summary
Measurement | Immigrants from Korea | Latvian |
Minimum | $26,550 | $36,528 |
Maximum | $235,959 | $187,593 |
Range | $209,409 | $151,065 |
Mean | $116,491 | $95,169 |
Median | $115,968 | $96,299 |
Interquartile 25% (IQ1) | $93,452 | $60,583 |
Interquartile 75% (IQ3) | $133,881 | $122,068 |
Interquartile Range (IQR) | $40,429 | $61,485 |
Standard Deviation (Sample) | $38,811 | $38,310 |
Standard Deviation (Population) | $38,469 | $38,014 |
Demographics Similar to Immigrants from Korea and Latvians by Median Household Income
In terms of median household income, the demographic groups most similar to Immigrants from Korea are Cypriot ($102,843, a difference of 0.12%), Immigrants from Australia ($102,562, a difference of 0.39%), Bolivian ($102,195, a difference of 0.75%), Eastern European ($101,781, a difference of 1.2%), and Asian ($101,681, a difference of 1.3%). Similarly, the demographic groups most similar to Latvians are Immigrants from Pakistan ($97,528, a difference of 0.22%), Immigrants from Switzerland ($97,979, a difference of 0.69%), Russian ($98,008, a difference of 0.72%), Chinese ($98,496, a difference of 1.2%), and Immigrants from Denmark ($98,510, a difference of 1.2%).
Demographics | Rating | Rank | Median Household Income |
Immigrants | Korea | 100.0 /100 | #17 | Exceptional $102,962 |
Cypriots | 100.0 /100 | #18 | Exceptional $102,843 |
Immigrants | Australia | 100.0 /100 | #19 | Exceptional $102,562 |
Bolivians | 100.0 /100 | #20 | Exceptional $102,195 |
Eastern Europeans | 100.0 /100 | #21 | Exceptional $101,781 |
Asians | 100.0 /100 | #22 | Exceptional $101,681 |
Immigrants | Bolivia | 100.0 /100 | #23 | Exceptional $101,394 |
Immigrants | Japan | 100.0 /100 | #24 | Exceptional $100,711 |
Immigrants | Sweden | 100.0 /100 | #25 | Exceptional $100,699 |
Immigrants | Belgium | 100.0 /100 | #26 | Exceptional $100,306 |
Bhutanese | 100.0 /100 | #27 | Exceptional $100,151 |
Immigrants | Sri Lanka | 100.0 /100 | #28 | Exceptional $99,943 |
Immigrants | Asia | 100.0 /100 | #29 | Exceptional $99,933 |
Immigrants | Northern Europe | 100.0 /100 | #30 | Exceptional $99,813 |
Turks | 100.0 /100 | #31 | Exceptional $99,389 |
Immigrants | Denmark | 100.0 /100 | #32 | Exceptional $98,510 |
Chinese | 100.0 /100 | #33 | Exceptional $98,496 |
Russians | 100.0 /100 | #34 | Exceptional $98,008 |
Immigrants | Switzerland | 100.0 /100 | #35 | Exceptional $97,979 |
Immigrants | Pakistan | 100.0 /100 | #36 | Exceptional $97,528 |
Latvians | 100.0 /100 | #37 | Exceptional $97,311 |