Australian vs European Median Family Income

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 560,683,121 people shows a slight negative correlation between the proportion of Europeans and median family income in the United States with a correlation coefficient (R) of -0.082 and weighted average of $108,099, a difference of 9.6%.

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%).

In terms of median family income, the demographic groups most similar to Europeans are Immigrants from Northern Africa ($108,161, a difference of 0.060%), Sri Lankan ($108,234, a difference of 0.12%), Ethiopian ($108,251, a difference of 0.14%), Immigrants from Philippines ($108,288, a difference of 0.18%), and Chilean ($108,429, a difference of 0.31%).