Hispanic or Latino vs Bangladeshi 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 141,321,089 people shows a poor negative correlation between the proportion of Bangladeshis and median family income in the United States with a correlation coefficient (R) of -0.139 and weighted average of $88,358, a difference of 3.2%.

In terms of median family income, the demographic groups most similar to Hispanics or Latinos are Spanish American Indian ($85,728, a difference of 0.090%), Colville ($85,792, a difference of 0.17%), Ottawa ($86,380, a difference of 0.86%), Chippewa ($86,852, a difference of 1.4%), and Immigrants from Latin America ($86,989, a difference of 1.6%). Similarly, the demographic groups most similar to Bangladeshis are Indonesian ($88,301, a difference of 0.060%), Guatemalan ($88,295, a difference of 0.070%), Immigrants from Nicaragua ($88,267, a difference of 0.10%), Potawatomi ($88,265, a difference of 0.11%), and Cherokee ($88,209, a difference of 0.17%).