Hispanic or Latino vs Bahamian Median Family Income

The statistical analysis conducted on geographies consisting of 576,861,643 people shows a near-perfect negative correlation between the proportion of Hispanics or Latinos and median family income in the United States with a correlation coefficient (R) of -0.909 and weighted average of $85,647. Similarly, the statistical analysis conducted on geographies consisting of 112,596,489 people shows a moderate negative correlation between the proportion of Bahamians and median family income in the United States with a correlation coefficient (R) of -0.422 and weighted average of $82,631, a difference of 3.6%.

In terms of median family income, the demographic groups most similar to Hispanics or Latinos are Mexican ($85,618, a difference of 0.030%), Paiute ($85,414, a difference of 0.27%), Immigrants from Dominica ($85,411, a difference of 0.28%), Chickasaw ($85,356, a difference of 0.34%), and U.S. Virgin Islander ($85,294, a difference of 0.41%). Similarly, the demographic groups most similar to Bahamians are Dominican ($82,888, a difference of 0.31%), Immigrants from Caribbean ($83,319, a difference of 0.83%), Seminole ($83,354, a difference of 0.87%), Immigrants from Honduras ($83,618, a difference of 1.2%), and Immigrants from Mexico ($83,639, a difference of 1.2%).