Bolivian vs Latvian Median Household Income
COMPARE
Bolivian
Latvian
Median Household Income
Median Household Income Comparison
Bolivians
Latvians
$102,195
MEDIAN HOUSEHOLD INCOME
100.0/ 100
METRIC RATING
20th/ 347
METRIC RANK
$97,311
MEDIAN HOUSEHOLD INCOME
100.0/ 100
METRIC RATING
37th/ 347
METRIC RANK
Bolivian vs Latvian Median Household Income Correlation Chart
The statistical analysis conducted on geographies consisting of 184,606,856 people shows no correlation between the proportion of Bolivians and median household income in the United States with a correlation coefficient (R) of 0.022 and weighted average of $102,195. Similarly, the statistical analysis conducted on geographies consisting of 220,635,560 people shows a mild negative correlation between the proportion of Latvians and median household income in the United States with a correlation coefficient (R) of -0.349 and weighted average of $97,311, a difference of 5.0%.
Median Household Income Correlation Summary
| Measurement | Bolivian | Latvian |
| Minimum | $36,777 | $36,528 |
| Maximum | $200,625 | $187,593 |
| Range | $163,848 | $151,065 |
| Mean | $107,810 | $95,169 |
| Median | $106,861 | $96,299 |
| Interquartile 25% (IQ1) | $87,882 | $60,583 |
| Interquartile 75% (IQ3) | $127,141 | $122,068 |
| Interquartile Range (IQR) | $39,259 | $61,485 |
| Standard Deviation (Sample) | $34,248 | $38,310 |
| Standard Deviation (Population) | $34,049 | $38,014 |
Demographics Similar to Bolivians and Latvians by Median Household Income
In terms of median household income, the demographic groups most similar to Bolivians are Immigrants from Australia ($102,562, a difference of 0.36%), Eastern European ($101,781, a difference of 0.41%), Asian ($101,681, a difference of 0.50%), Cypriot ($102,843, a difference of 0.63%), and Immigrants from Bolivia ($101,394, a difference of 0.79%). Similarly, the demographic groups most similar to Latvians are Immigrants from Indonesia ($97,297, a difference of 0.010%), Immigrants from Pakistan ($97,528, a difference of 0.22%), Immigrants from Switzerland ($97,979, a difference of 0.69%), Russian ($98,008, a difference of 0.72%), and Chinese ($98,496, a difference of 1.2%).
| Demographics | Rating | Rank | Median Household Income |
| Cypriots | 100.0 /100 | #18 | Exceptional $102,843 |
| Immigrants | Australia | 100.0 /100 | #19 | Exceptional $102,562 |
| Bolivians | 100.0 /100 | #20 | Exceptional $102,195 |
| Eastern Europeans | 100.0 /100 | #21 | Exceptional $101,781 |
| Asians | 100.0 /100 | #22 | Exceptional $101,681 |
| Immigrants | Bolivia | 100.0 /100 | #23 | Exceptional $101,394 |
| Immigrants | Japan | 100.0 /100 | #24 | Exceptional $100,711 |
| Immigrants | Sweden | 100.0 /100 | #25 | Exceptional $100,699 |
| Immigrants | Belgium | 100.0 /100 | #26 | Exceptional $100,306 |
| Bhutanese | 100.0 /100 | #27 | Exceptional $100,151 |
| Immigrants | Sri Lanka | 100.0 /100 | #28 | Exceptional $99,943 |
| Immigrants | Asia | 100.0 /100 | #29 | Exceptional $99,933 |
| Immigrants | Northern Europe | 100.0 /100 | #30 | Exceptional $99,813 |
| Turks | 100.0 /100 | #31 | Exceptional $99,389 |
| Immigrants | Denmark | 100.0 /100 | #32 | Exceptional $98,510 |
| Chinese | 100.0 /100 | #33 | Exceptional $98,496 |
| Russians | 100.0 /100 | #34 | Exceptional $98,008 |
| Immigrants | Switzerland | 100.0 /100 | #35 | Exceptional $97,979 |
| Immigrants | Pakistan | 100.0 /100 | #36 | Exceptional $97,528 |
| Latvians | 100.0 /100 | #37 | Exceptional $97,311 |
| Immigrants | Indonesia | 100.0 /100 | #38 | Exceptional $97,297 |