Hispanic or Latino vs European 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 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, a difference of 20.2%.

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 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%).