Laotian vs Mongolian Median Family Income

The statistical analysis conducted on geographies consisting of 224,714,380 people shows a moderate positive correlation between the proportion of Laotians and median family income in the United States with a correlation coefficient (R) of 0.431 and weighted average of $112,859. Similarly, the statistical analysis conducted on geographies consisting of 140,257,208 people shows a poor negative correlation between the proportion of Mongolians and median family income in the United States with a correlation coefficient (R) of -0.115 and weighted average of $114,553, a difference of 1.5%.

In terms of median family income, the demographic groups most similar to Laotians are Immigrants from Italy ($112,848, a difference of 0.010%), Afghan ($112,971, a difference of 0.10%), Immigrants from Western Europe ($112,688, a difference of 0.15%), Argentinean ($112,665, a difference of 0.17%), and Immigrants from Eastern Europe ($112,527, a difference of 0.30%). Similarly, the demographic groups most similar to Mongolians are Immigrants from Belarus ($114,586, a difference of 0.030%), Immigrants from Pakistan ($114,406, a difference of 0.13%), Immigrants from Scotland ($114,392, a difference of 0.14%), Immigrants from Latvia ($114,826, a difference of 0.24%), and Immigrants from Netherlands ($114,987, a difference of 0.38%).