Hispanic or Latino vs Immigrants from Australia 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 227,116,578 people shows a substantial negative correlation between the proportion of Immigrants from Australia and median household income in the United States with a correlation coefficient (R) of -0.545 and weighted average of $102,562, a difference of 38.9%.

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 Immigrants from Australia are Cypriot ($102,843, a difference of 0.27%), Bolivian ($102,195, a difference of 0.36%), Immigrants from Korea ($102,962, a difference of 0.39%), Burmese ($103,145, a difference of 0.57%), and Eastern European ($101,781, a difference of 0.77%).