Black/African American vs Spanish American Median Household Income

The statistical analysis conducted on geographies consisting of 564,831,998 people shows a very strong negative correlation between the proportion of Blacks/African Americans and median household income in the United States with a correlation coefficient (R) of -0.833 and weighted average of $67,573. Similarly, the statistical analysis conducted on geographies consisting of 103,163,457 people shows a weak negative correlation between the proportion of Spanish Americans and median household income in the United States with a correlation coefficient (R) of -0.299 and weighted average of $75,386, a difference of 11.6%.

In terms of median household income, the demographic groups most similar to Blacks/African Americans are Creek ($67,715, a difference of 0.21%), Sioux ($67,792, a difference of 0.32%), Native/Alaskan ($67,879, a difference of 0.45%), Arapaho ($67,965, a difference of 0.58%), and Cheyenne ($66,974, a difference of 0.89%).

In terms of median household income, the demographic groups most similar to Spanish Americans are Immigrants from Latin America ($75,420, a difference of 0.040%), Osage ($75,240, a difference of 0.19%), Immigrants from Micronesia ($75,574, a difference of 0.25%), British West Indian ($75,647, a difference of 0.35%), and Immigrants from Guatemala ($75,123, a difference of 0.35%).