Australian vs Bolivian Median Family Income
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Australian
Bolivian
Median Family Income
Median Family Income Comparison
Australians
Bolivians
$118,440
MEDIAN FAMILY INCOME
100.0/ 100
METRIC RATING
37th/ 347
METRIC RANK
$119,479
MEDIAN FAMILY INCOME
100.0/ 100
METRIC RATING
34th/ 347
METRIC RANK
Australian vs Bolivian Median Family Income Correlation Chart
The statistical analysis conducted on geographies consisting of 223,969,343 people shows no correlation between the proportion of Australians and median family income in the United States with a correlation coefficient (R) of -0.033 and weighted average of $118,440. Similarly, the statistical analysis conducted on geographies consisting of 184,605,478 people shows no correlation between the proportion of Bolivians and median family income in the United States with a correlation coefficient (R) of -0.042 and weighted average of $119,479, a difference of 0.88%.
Median Family Income Correlation Summary
| Measurement | Australian | Bolivian |
| Minimum | $44,219 | $37,679 |
| Maximum | $250,001 | $233,276 |
| Range | $205,782 | $195,597 |
| Mean | $120,063 | $124,569 |
| Median | $107,342 | $120,978 |
| Interquartile 25% (IQ1) | $85,865 | $106,050 |
| Interquartile 75% (IQ3) | $139,651 | $145,603 |
| Interquartile Range (IQR) | $53,786 | $39,553 |
| Standard Deviation (Sample) | $45,096 | $39,306 |
| Standard Deviation (Population) | $44,699 | $39,077 |
Demographics Similar to Australians and Bolivians by Median Family Income
In terms of median family income, the demographic groups most similar to Australians are Immigrants from Turkey ($118,325, a difference of 0.10%), Israeli ($118,577, a difference of 0.12%), Immigrants from Asia ($118,291, a difference of 0.13%), Immigrants from Lithuania ($118,053, a difference of 0.33%), and Estonian ($118,013, a difference of 0.36%). Similarly, the demographic groups most similar to Bolivians are Soviet Union ($119,262, a difference of 0.18%), Bhutanese ($119,800, a difference of 0.27%), Asian ($119,955, a difference of 0.40%), Immigrants from France ($120,076, a difference of 0.50%), and Immigrants from Sri Lanka ($120,263, a difference of 0.66%).
| Demographics | Rating | Rank | Median Family Income |
| Turks | 100.0 /100 | #25 | Exceptional $121,202 |
| Immigrants | Switzerland | 100.0 /100 | #26 | Exceptional $120,726 |
| Russians | 100.0 /100 | #27 | Exceptional $120,487 |
| Immigrants | Denmark | 100.0 /100 | #28 | Exceptional $120,445 |
| Latvians | 100.0 /100 | #29 | Exceptional $120,301 |
| Immigrants | Sri Lanka | 100.0 /100 | #30 | Exceptional $120,263 |
| Immigrants | France | 100.0 /100 | #31 | Exceptional $120,076 |
| Asians | 100.0 /100 | #32 | Exceptional $119,955 |
| Bhutanese | 100.0 /100 | #33 | Exceptional $119,800 |
| Bolivians | 100.0 /100 | #34 | Exceptional $119,479 |
| Soviet Union | 100.0 /100 | #35 | Exceptional $119,262 |
| Israelis | 100.0 /100 | #36 | Exceptional $118,577 |
| Australians | 100.0 /100 | #37 | Exceptional $118,440 |
| Immigrants | Turkey | 100.0 /100 | #38 | Exceptional $118,325 |
| Immigrants | Asia | 100.0 /100 | #39 | Exceptional $118,291 |
| Immigrants | Lithuania | 100.0 /100 | #40 | Exceptional $118,053 |
| Estonians | 100.0 /100 | #41 | Exceptional $118,013 |
| Immigrants | Bolivia | 100.0 /100 | #42 | Exceptional $117,912 |
| Bulgarians | 100.0 /100 | #43 | Exceptional $117,818 |
| Cambodians | 100.0 /100 | #44 | Exceptional $117,780 |
| Immigrants | Greece | 99.9 /100 | #45 | Exceptional $117,344 |