American vs South African 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 182,537,527 people shows a poor negative correlation between the proportion of South Africans and median household income in the United States with a correlation coefficient (R) of -0.194 and weighted average of $93,379, a difference of 23.0%.

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%).

In terms of median household income, the demographic groups most similar to South Africans are Immigrants from Afghanistan ($93,375, a difference of 0.0%), Immigrants from Italy ($93,465, a difference of 0.090%), Immigrants from Latvia ($93,602, a difference of 0.24%), Immigrants from Bulgaria ($93,148, a difference of 0.25%), and Sri Lankan ($93,093, a difference of 0.31%).