Hispanic or Latino vs Immigrants from Nicaragua 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 236,313,434 people shows a moderate negative correlation between the proportion of Immigrants from Nicaragua and median household income in the United States with a correlation coefficient (R) of -0.429 and weighted average of $76,784, a difference of 4.0%.

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 Nicaragua are Spanish American Indian ($76,670, a difference of 0.15%), Immigrants from Senegal ($76,915, a difference of 0.17%), Jamaican ($76,583, a difference of 0.26%), Belizean ($77,028, a difference of 0.32%), and Immigrants from Grenada ($76,517, a difference of 0.35%).