American vs Liberian Median Household Income

The statistical analysis conducted on geographies consisting of 580,584,472 people shows a significant negative correlation between the proportion of Americans and median household income in the United States with a correlation coefficient (R) of -0.603 and weighted average of $75,932. Similarly, the statistical analysis conducted on geographies consisting of 118,026,657 people shows a moderate negative correlation between the proportion of Liberians and median household income in the United States with a correlation coefficient (R) of -0.403 and weighted average of $75,667, a difference of 0.35%.

In terms of median household income, the demographic groups most similar to Americans are Immigrants from Belize ($75,938, a difference of 0.010%), Guatemalan ($75,961, a difference of 0.040%), German Russian ($75,856, a difference of 0.10%), Immigrants from Jamaica ($75,851, a difference of 0.11%), and Cape Verdean ($75,848, a difference of 0.11%). Similarly, the demographic groups most similar to Liberians are British West Indian ($75,647, a difference of 0.030%), Immigrants from Micronesia ($75,574, a difference of 0.12%), Somali ($75,782, a difference of 0.15%), Pennsylvania German ($75,814, a difference of 0.19%), and Hmong ($75,839, a difference of 0.23%).