European vs Mongolian Per Capita Income

The statistical analysis conducted on geographies consisting of 561,881,498 people shows a poor negative correlation between the proportion of Europeans and per capita income in the United States with a correlation coefficient (R) of -0.110 and weighted average of $45,836. Similarly, the statistical analysis conducted on geographies consisting of 140,356,705 people shows no correlation between the proportion of Mongolians and per capita income in the United States with a correlation coefficient (R) of -0.006 and weighted average of $49,173, a difference of 7.3%.

In terms of per capita income, the demographic groups most similar to Europeans are Lebanese ($45,840, a difference of 0.010%), Moroccan ($45,854, a difference of 0.040%), Canadian ($45,858, a difference of 0.050%), Zimbabwean ($45,804, a difference of 0.070%), and Palestinian ($45,790, a difference of 0.10%).

In terms of per capita income, the demographic groups most similar to Mongolians are Immigrants from Hungary ($49,303, a difference of 0.26%), Immigrants from North America ($49,302, a difference of 0.26%), Greek ($49,309, a difference of 0.28%), Immigrants from Eastern Europe ($49,316, a difference of 0.29%), and Immigrants from Bolivia ($48,970, a difference of 0.41%).