Immigrants from Switzerland vs Paraguayan Median Household Income

The statistical analysis conducted on geographies consisting of 148,056,974 people shows a weak negative correlation between the proportion of Immigrants from Switzerland and median household income in the United States with a correlation coefficient (R) of -0.208 and weighted average of $97,979. 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 2.3%.

Median Household Income Correlation Summary

Measurement	Immigrants from Switzerland	Paraguayan
Minimum	$51,573	$43,906
Maximum	$195,586	$220,060
Range	$144,013	$176,154
Mean	$106,072	$104,819
Median	$93,190	$98,291
Interquartile 25% (IQ1)	$82,852	$77,788
Interquartile 75% (IQ3)	$133,796	$122,293
Interquartile Range (IQR)	$50,943	$44,505
Standard Deviation (Sample)	$37,589	$41,190
Standard Deviation (Population)	$36,829	$40,877

Demographics Similar to Immigrants from Switzerland and Paraguayans by Median Household Income

In terms of median household income, the demographic groups most similar to Immigrants from Switzerland are Russian ($98,008, a difference of 0.030%), Immigrants from Pakistan ($97,528, a difference of 0.46%), Latvian ($97,311, a difference of 0.69%), Immigrants from Indonesia ($97,297, a difference of 0.70%), and Afghan ($97,026, a difference of 0.98%). Similarly, 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 Malaysia ($96,292, a difference of 0.58%), and Bulgarian ($96,290, a difference of 0.58%).

Demographics	Rating \| Rank	Median Household Income
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
Immigrants \| Indonesia	100.0 /100 \| #38	Exceptional $97,297
Afghans	100.0 /100 \| #39	Exceptional $97,026
Maltese	100.0 /100 \| #40	Exceptional $97,015
Immigrants \| Turkey	100.0 /100 \| #41	Exceptional $96,964
Immigrants \| Lithuania	99.9 /100 \| #42	Exceptional $96,836
Immigrants \| France	99.9 /100 \| #43	Exceptional $96,743
Immigrants \| Greece	99.9 /100 \| #44	Exceptional $96,675
Israelis	99.9 /100 \| #45	Exceptional $96,552
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