Australian vs Latvian Per Capita Income
COMPARE
Australian
Latvian
Per Capita Income
Per Capita Income Comparison
Australians
Latvians
$52,074
PER CAPITA INCOME
100.0/ 100
METRIC RATING
33rd/ 347
METRIC RANK
$52,649
PER CAPITA INCOME
100.0/ 100
METRIC RATING
28th/ 347
METRIC RANK
Australian vs Latvian Per Capita Income Correlation Chart
The statistical analysis conducted on geographies consisting of 224,126,696 people shows a weak negative correlation between the proportion of Australians and per capita income in the United States with a correlation coefficient (R) of -0.262 and weighted average of $52,074. Similarly, the statistical analysis conducted on geographies consisting of 220,728,386 people shows a weak negative correlation between the proportion of Latvians and per capita income in the United States with a correlation coefficient (R) of -0.257 and weighted average of $52,649, a difference of 1.1%.

Per Capita Income Correlation Summary
Measurement | Australian | Latvian |
Minimum | $23,081 | $3,646 |
Maximum | $105,254 | $115,504 |
Range | $82,173 | $111,858 |
Mean | $49,891 | $51,165 |
Median | $48,296 | $52,046 |
Interquartile 25% (IQ1) | $34,284 | $36,086 |
Interquartile 75% (IQ3) | $60,948 | $65,124 |
Interquartile Range (IQR) | $26,664 | $29,038 |
Standard Deviation (Sample) | $19,453 | $21,773 |
Standard Deviation (Population) | $19,287 | $21,617 |
Demographics Similar to Australians and Latvians by Per Capita Income
In terms of per capita income, the demographic groups most similar to Australians are Immigrants from Russia ($52,044, a difference of 0.060%), Burmese ($52,005, a difference of 0.13%), Immigrants from Norway ($52,217, a difference of 0.27%), Immigrants from Greece ($51,891, a difference of 0.35%), and Estonian ($51,875, a difference of 0.38%). Similarly, the demographic groups most similar to Latvians are Immigrants from South Central Asia ($52,660, a difference of 0.020%), Israeli ($52,596, a difference of 0.10%), Immigrants from Austria ($52,503, a difference of 0.28%), Turkish ($52,391, a difference of 0.49%), and Immigrants from Norway ($52,217, a difference of 0.83%).
Demographics | Rating | Rank | Per Capita Income |
Soviet Union | 100.0 /100 | #20 | Exceptional $54,202 |
Immigrants | Northern Europe | 100.0 /100 | #21 | Exceptional $54,159 |
Indians (Asian) | 100.0 /100 | #22 | Exceptional $53,874 |
Immigrants | Eastern Asia | 100.0 /100 | #23 | Exceptional $53,806 |
Immigrants | Denmark | 100.0 /100 | #24 | Exceptional $53,799 |
Immigrants | Japan | 100.0 /100 | #25 | Exceptional $53,359 |
Russians | 100.0 /100 | #26 | Exceptional $53,154 |
Immigrants | South Central Asia | 100.0 /100 | #27 | Exceptional $52,660 |
Latvians | 100.0 /100 | #28 | Exceptional $52,649 |
Israelis | 100.0 /100 | #29 | Exceptional $52,596 |
Immigrants | Austria | 100.0 /100 | #30 | Exceptional $52,503 |
Turks | 100.0 /100 | #31 | Exceptional $52,391 |
Immigrants | Norway | 100.0 /100 | #32 | Exceptional $52,217 |
Australians | 100.0 /100 | #33 | Exceptional $52,074 |
Immigrants | Russia | 100.0 /100 | #34 | Exceptional $52,044 |
Burmese | 100.0 /100 | #35 | Exceptional $52,005 |
Immigrants | Greece | 100.0 /100 | #36 | Exceptional $51,891 |
Estonians | 100.0 /100 | #37 | Exceptional $51,875 |
Immigrants | Czechoslovakia | 100.0 /100 | #38 | Exceptional $51,770 |
Cambodians | 100.0 /100 | #39 | Exceptional $51,731 |
Immigrants | Korea | 100.0 /100 | #40 | Exceptional $51,671 |