Hispanic or Latino vs Immigrants from Italy 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 324,128,900 people shows a mild negative correlation between the proportion of Immigrants from Italy and median household income in the United States with a correlation coefficient (R) of -0.399 and weighted average of $93,465, a difference of 26.6%.

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 Italy are South African ($93,379, a difference of 0.090%), Immigrants from Afghanistan ($93,375, a difference of 0.10%), Immigrants from Latvia ($93,602, a difference of 0.15%), Immigrants from Egypt ($93,700, a difference of 0.25%), and Immigrants from Bulgaria ($93,148, a difference of 0.34%).