American vs Mongolian Per Capita Income

The statistical analysis conducted on geographies consisting of 582,039,940 people shows a substantial negative correlation between the proportion of Americans and per capita income in the United States with a correlation coefficient (R) of -0.545 and weighted average of $39,039. Similarly, the statistical analysis conducted on geographies consisting of 140,356,705 people shows no correlation between the proportion of Mongolians and per capita income in the United States with a correlation coefficient (R) of -0.006 and weighted average of $49,173, a difference of 26.0%.

In terms of per capita income, the demographic groups most similar to Americans are Spanish American ($39,012, a difference of 0.070%), Belizean ($39,097, a difference of 0.15%), Iroquois ($39,104, a difference of 0.16%), Marshallese ($39,108, a difference of 0.17%), and Alaskan Athabascan ($39,163, a difference of 0.32%).

In terms of per capita income, the demographic groups most similar to Mongolians are Immigrants from Hungary ($49,303, a difference of 0.26%), Immigrants from North America ($49,302, a difference of 0.26%), Greek ($49,309, a difference of 0.28%), Immigrants from Eastern Europe ($49,316, a difference of 0.29%), and Immigrants from Bolivia ($48,970, a difference of 0.41%).