Latvian vs Immigrants from Russia 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 347,675,291 people shows a poor negative correlation between the proportion of Immigrants from Russia and median household income in the United States with a correlation coefficient (R) of -0.193 and weighted average of $96,378, a difference of 0.97%.

Median Household Income Correlation Summary

Measurement	Latvian	Immigrants from Russia
Minimum	$36,528	$40,467
Maximum	$187,593	$167,656
Range	$151,065	$127,189
Mean	$95,169	$89,609
Median	$96,299	$89,857
Interquartile 25% (IQ1)	$60,583	$70,618
Interquartile 75% (IQ3)	$122,068	$103,868
Interquartile Range (IQR)	$61,485	$33,250
Standard Deviation (Sample)	$38,310	$28,243
Standard Deviation (Population)	$38,014	$27,970

Demographics Similar to Latvians and Immigrants from Russia by Median Household Income

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%), Afghan ($97,026, a difference of 0.29%), Maltese ($97,015, a difference of 0.31%), and Immigrants from Turkey ($96,964, a difference of 0.36%). Similarly, the demographic groups most similar to Immigrants from Russia are Cambodian ($96,324, a difference of 0.060%), Immigrants from Malaysia ($96,292, a difference of 0.090%), Bulgarian ($96,290, a difference of 0.090%), Australian ($96,490, a difference of 0.12%), and Israeli ($96,552, a difference of 0.18%).

Demographics	Rating \| Rank	Median Household Income
Immigrants \| Denmark	100.0 /100 \| #32	Exceptional $98,510
Chinese	100.0 /100 \| #33	Exceptional $98,496
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