Asian vs Latvian Median Household Income

The statistical analysis conducted on geographies consisting of 549,980,753 people shows a moderate positive correlation between the proportion of Asians and median household income in the United States with a correlation coefficient (R) of 0.475 and weighted average of $101,681. Similarly, 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, a difference of 4.5%.

In terms of median household income, the demographic groups most similar to Asians are Eastern European ($101,781, a difference of 0.10%), Immigrants from Bolivia ($101,394, a difference of 0.28%), Bolivian ($102,195, a difference of 0.50%), Immigrants from Australia ($102,562, a difference of 0.87%), and Immigrants from Japan ($100,711, a difference of 0.96%). Similarly, 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%), Immigrants from Switzerland ($97,979, a difference of 0.69%), and Russian ($98,008, a difference of 0.72%).