Laotian vs Paraguayan Median Household Income
COMPARE
Laotian
Paraguayan
Median Household Income
Median Household Income Comparison
Laotians
Paraguayans
$94,990
MEDIAN HOUSEHOLD INCOME
99.8/ 100
METRIC RATING
61st/ 347
METRIC RANK
$95,737
MEDIAN HOUSEHOLD INCOME
99.9/ 100
METRIC RATING
53rd/ 347
METRIC RANK
Laotian vs Paraguayan Median Household Income Correlation Chart
The statistical analysis conducted on geographies consisting of 224,713,642 people shows a weak negative correlation between the proportion of Laotians and median household income in the United States with a correlation coefficient (R) of -0.277 and weighted average of $94,990. 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 0.79%.
Median Household Income Correlation Summary
| Measurement | Laotian | Paraguayan |
| Minimum | $39,542 | $43,906 |
| Maximum | $153,021 | $220,060 |
| Range | $113,479 | $176,154 |
| Mean | $87,400 | $104,819 |
| Median | $85,171 | $98,291 |
| Interquartile 25% (IQ1) | $72,352 | $77,788 |
| Interquartile 75% (IQ3) | $104,389 | $122,293 |
| Interquartile Range (IQR) | $32,037 | $44,505 |
| Standard Deviation (Sample) | $23,584 | $41,190 |
| Standard Deviation (Population) | $23,302 | $40,877 |
Demographics Similar to Laotians and Paraguayans by Median Household Income
In terms of median household income, the demographic groups most similar to Laotians are Korean ($95,018, a difference of 0.030%), Immigrants from Europe ($95,032, a difference of 0.040%), Soviet Union ($95,098, a difference of 0.11%), Immigrants from Norway ($94,846, a difference of 0.15%), and New Zealander ($95,146, a difference of 0.16%). 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 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 |
| 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 |
| 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 |