Immigrants from South America vs Paraguayan Median Household Income

The statistical analysis conducted on geographies consisting of 485,852,946 people shows a slight negative correlation between the proportion of Immigrants from South America and median household income in the United States with a correlation coefficient (R) of -0.063 and weighted average of $85,611. Similarly, the statistical analysis conducted on geographies consisting of 95,096,064 people shows no correlation between the proportion of Paraguayans and median household income in the United States with a correlation coefficient (R) of 0.036 and weighted average of $95,737, a difference of 11.8%.

Median Household Income Correlation Summary

Measurement	Immigrants from South America	Paraguayan
Minimum	$39,375	$43,906
Maximum	$155,583	$220,060
Range	$116,208	$176,154
Mean	$81,259	$104,819
Median	$81,529	$98,291
Interquartile 25% (IQ1)	$71,899	$77,788
Interquartile 75% (IQ3)	$90,608	$122,293
Interquartile Range (IQR)	$18,709	$44,505
Standard Deviation (Sample)	$17,852	$41,190
Standard Deviation (Population)	$17,766	$40,877

Similar Demographics by Median Household Income

Demographics Similar to Immigrants from South America by Median Household Income

In terms of median household income, the demographic groups most similar to Immigrants from South America are Slovene ($85,562, a difference of 0.060%), Swiss ($85,681, a difference of 0.080%), Colombian ($85,716, a difference of 0.12%), Icelander ($85,797, a difference of 0.22%), and Immigrants ($85,818, a difference of 0.24%).

Demographics	Rating \| Rank	Median Household Income
Irish	66.2 /100 \| #164	Good $86,145
Norwegians	65.3 /100 \| #165	Good $86,084
Scandinavians	65.1 /100 \| #166	Good $86,073
Immigrants \| Immigrants	61.3 /100 \| #167	Good $85,818
Icelanders	61.0 /100 \| #168	Good $85,797
Colombians	59.7 /100 \| #169	Average $85,716
Swiss	59.2 /100 \| #170	Average $85,681
Immigrants \| South America	58.1 /100 \| #171	Average $85,611
Slovenes	57.4 /100 \| #172	Average $85,562
Immigrants \| Cameroon	53.4 /100 \| #173	Average $85,314
Scottish	50.0 /100 \| #174	Average $85,101
Immigrants \| Costa Rica	49.2 /100 \| #175	Average $85,054
Alsatians	49.2 /100 \| #176	Average $85,053
Immigrants \| Eritrea	48.8 /100 \| #177	Average $85,025
Czechoslovakians	47.8 /100 \| #178	Average $84,965

Demographics Similar to Paraguayans by Median Household Income

In terms of median household income, the demographic groups most similar to Paraguayans are Immigrants from South Africa ($95,800, a difference of 0.070%), Egyptian ($95,673, a difference of 0.070%), Estonian ($95,930, a difference of 0.20%), Immigrants from Czechoslovakia ($95,319, a difference of 0.44%), and Immigrants from Austria ($95,277, a difference of 0.48%).

Demographics	Rating \| Rank	Median Household Income
Australians	99.9 /100 \| #46	Exceptional $96,490
Immigrants \| Russia	99.9 /100 \| #47	Exceptional $96,378
Cambodians	99.9 /100 \| #48	Exceptional $96,324
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