Bolivian vs Nicaraguan Median Household Income

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 285,567,751 people shows a moderate negative correlation between the proportion of Nicaraguans and median household income in the United States with a correlation coefficient (R) of -0.455 and weighted average of $79,737, a difference of 28.2%.

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 Korea ($102,962, a difference of 0.75%).

In terms of median household income, the demographic groups most similar to Nicaraguans are Barbadian ($79,664, a difference of 0.090%), Immigrants from Bosnia and Herzegovina ($79,888, a difference of 0.19%), Alaska Native ($79,509, a difference of 0.29%), Immigrants from Western Africa ($79,490, a difference of 0.31%), and Nonimmigrants ($79,429, a difference of 0.39%).