Australian vs Immigrants from Korea Median Family Income
COMPARE
Australian
Immigrants from Korea
Median Family Income
Median Family Income Comparison
Australians
Immigrants from Korea
$118,440
MEDIAN FAMILY INCOME
100.0/ 100
METRIC RATING
37th/ 347
METRIC RANK
$122,800
MEDIAN FAMILY INCOME
100.0/ 100
METRIC RATING
21st/ 347
METRIC RANK
Australian vs Immigrants from Korea 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 415,814,318 people shows a slight negative correlation between the proportion of Immigrants from Korea and median family income in the United States with a correlation coefficient (R) of -0.062 and weighted average of $122,800, a difference of 3.7%.
Median Family Income Correlation Summary
Measurement | Australian | Immigrants from Korea |
Minimum | $44,219 | $49,182 |
Maximum | $250,001 | $250,001 |
Range | $205,782 | $200,819 |
Mean | $120,063 | $138,061 |
Median | $107,342 | $133,220 |
Interquartile 25% (IQ1) | $85,865 | $110,996 |
Interquartile 75% (IQ3) | $139,651 | $156,101 |
Interquartile Range (IQR) | $53,786 | $45,105 |
Standard Deviation (Sample) | $45,096 | $47,393 |
Standard Deviation (Population) | $44,699 | $46,996 |
Demographics Similar to Australians and Immigrants from Korea 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%), Soviet Union ($119,262, a difference of 0.69%), and Bolivian ($119,479, a difference of 0.88%). Similarly, the demographic groups most similar to Immigrants from Korea are Immigrants from Sweden ($122,765, a difference of 0.030%), Immigrants from Japan ($122,764, a difference of 0.030%), Burmese ($123,369, a difference of 0.46%), Immigrants from Northern Europe ($121,840, a difference of 0.79%), and Immigrants from Belgium ($123,831, a difference of 0.84%).
Demographics | Rating | Rank | Median Family Income |
Immigrants | Belgium | 100.0 /100 | #19 | Exceptional $123,831 |
Burmese | 100.0 /100 | #20 | Exceptional $123,369 |
Immigrants | Korea | 100.0 /100 | #21 | Exceptional $122,800 |
Immigrants | Sweden | 100.0 /100 | #22 | Exceptional $122,765 |
Immigrants | Japan | 100.0 /100 | #23 | Exceptional $122,764 |
Immigrants | Northern Europe | 100.0 /100 | #24 | Exceptional $121,840 |
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 |