Black/African American vs Hispanic or Latino Median Family Income

The statistical analysis conducted on geographies consisting of 564,544,060 people shows a very strong negative correlation between the proportion of Blacks/African Americans and median family income in the United States with a correlation coefficient (R) of -0.837 and weighted average of $81,912. Similarly, the statistical analysis conducted on geographies consisting of 576,861,643 people shows a near-perfect negative correlation between the proportion of Hispanics or Latinos and median family income in the United States with a correlation coefficient (R) of -0.909 and weighted average of $85,647, a difference of 4.6%.

In terms of median family income, the demographic groups most similar to Blacks/African Americans are Dutch West Indian ($81,852, a difference of 0.070%), Arapaho ($82,064, a difference of 0.18%), Immigrants from Congo ($82,216, a difference of 0.37%), Sioux ($82,386, a difference of 0.58%), and Cheyenne ($81,385, a difference of 0.65%).

In terms of median family income, the demographic groups most similar to Hispanics or Latinos are Mexican ($85,618, a difference of 0.030%), Spanish American Indian ($85,728, a difference of 0.090%), Colville ($85,792, a difference of 0.17%), Paiute ($85,414, a difference of 0.27%), and Immigrants from Dominica ($85,411, a difference of 0.28%).