Australian vs Italian Median Household Income

The statistical analysis conducted on geographies consisting of 223,978,576 people shows a moderate negative correlation between the proportion of Australians and median household income in the United States with a correlation coefficient (R) of -0.489 and weighted average of $96,490. Similarly, the statistical analysis conducted on geographies consisting of 573,867,135 people shows a poor negative correlation between the proportion of Italians and median household income in the United States with a correlation coefficient (R) of -0.104 and weighted average of $92,475, a difference of 4.3%.

In terms of median household income, the demographic groups most similar to Australians are Israeli ($96,552, a difference of 0.060%), Immigrants from Russia ($96,378, a difference of 0.12%), Cambodian ($96,324, a difference of 0.17%), Immigrants from Greece ($96,675, a difference of 0.19%), and Immigrants from Malaysia ($96,292, a difference of 0.21%).

In terms of median household income, the demographic groups most similar to Italians are Immigrants from Argentina ($92,417, a difference of 0.060%), Immigrants from Croatia ($92,225, a difference of 0.27%), Immigrants from Spain ($92,732, a difference of 0.28%), Immigrants from England ($92,098, a difference of 0.41%), and Immigrants from Hungary ($92,094, a difference of 0.41%).