Austrian vs American Median Family Income

The statistical analysis conducted on geographies consisting of 451,614,723 people shows a moderate negative correlation between the proportion of Austrians and median family income in the United States with a correlation coefficient (R) of -0.405 and weighted average of $111,306. Similarly, the statistical analysis conducted on geographies consisting of 580,248,843 people shows a mild negative correlation between the proportion of Americans and median family income in the United States with a correlation coefficient (R) of -0.326 and weighted average of $92,096, a difference of 20.9%.

In terms of median family income, the demographic groups most similar to Austrians are Immigrants from Hungary ($111,378, a difference of 0.060%), Croatian ($111,370, a difference of 0.060%), Ukrainian ($111,368, a difference of 0.060%), Romanian ($111,243, a difference of 0.060%), and Immigrants from Egypt ($111,689, a difference of 0.34%).

In terms of median family income, the demographic groups most similar to Americans are Nicaraguan ($92,231, a difference of 0.15%), Immigrants from Laos ($92,239, a difference of 0.16%), Osage ($91,926, a difference of 0.19%), Cape Verdean ($91,848, a difference of 0.27%), and Immigrants from Barbados ($92,419, a difference of 0.35%).