European vs White/Caucasian Median Household Income

The statistical analysis conducted on geographies consisting of 560,871,034 people shows no correlation between the proportion of Europeans and median household income in the United States with a correlation coefficient (R) of -0.024 and weighted average of $88,751. Similarly, the statistical analysis conducted on geographies consisting of 583,274,044 people shows a significant positive correlation between the proportion of Whites/Caucasians and median household income in the United States with a correlation coefficient (R) of 0.659 and weighted average of $82,029, a difference of 8.2%.

In terms of median household income, the demographic groups most similar to Europeans are Immigrants from Syria ($88,792, a difference of 0.050%), Immigrants from Ethiopia ($88,687, a difference of 0.070%), British ($88,914, a difference of 0.18%), Brazilian ($88,934, a difference of 0.21%), and Portuguese ($88,976, a difference of 0.25%).

In terms of median household income, the demographic groups most similar to Whites/Caucasians are Ecuadorian ($82,070, a difference of 0.050%), Yugoslavian ($82,186, a difference of 0.19%), Vietnamese ($82,248, a difference of 0.27%), Panamanian ($82,272, a difference of 0.30%), and Nigerian ($81,725, a difference of 0.37%).