Hispanic or Latino vs Austrian Median Household Income

The statistical analysis conducted on geographies consisting of 577,204,907 people shows a very strong negative correlation between the proportion of Hispanics or Latinos and median household income in the United States with a correlation coefficient (R) of -0.831 and weighted average of $73,823. Similarly, the statistical analysis conducted on geographies consisting of 451,682,607 people shows a mild negative correlation between the proportion of Austrians and median household income in the United States with a correlation coefficient (R) of -0.368 and weighted average of $91,339, a difference of 23.7%.

In terms of median household income, the demographic groups most similar to Hispanics or Latinos are Comanche ($73,747, a difference of 0.10%), Bangladeshi ($74,112, a difference of 0.39%), Immigrants from Cabo Verde ($73,515, a difference of 0.42%), Blackfeet ($73,509, a difference of 0.43%), and Fijian ($74,205, a difference of 0.52%).

In terms of median household income, the demographic groups most similar to Austrians are Immigrants from Moldova ($91,446, a difference of 0.12%), Ukrainian ($91,456, a difference of 0.13%), Immigrants from South Eastern Asia ($91,541, a difference of 0.22%), Immigrants from Ukraine ($91,124, a difference of 0.24%), and Immigrants from Southern Europe ($91,605, a difference of 0.29%).