Latvian vs Bolivian Median Household Income

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. Similarly, the statistical analysis conducted on geographies consisting of 184,606,856 people shows no correlation between the proportion of Bolivians and median household income in the United States with a correlation coefficient (R) of 0.022 and weighted average of $102,195, a difference of 5.0%.

In terms of median household income, the demographic groups most similar to Latvians are Immigrants from Indonesia ($97,297, a difference of 0.010%), 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%), and Chinese ($98,496, a difference of 1.2%). Similarly, the demographic groups most similar to Bolivians are Immigrants from Australia ($102,562, a difference of 0.36%), Eastern European ($101,781, a difference of 0.41%), Asian ($101,681, a difference of 0.50%), Cypriot ($102,843, a difference of 0.63%), and Immigrants from Bolivia ($101,394, a difference of 0.79%).