Hispanic or Latino vs Immigrants from Serbia 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 131,713,671 people shows a poor negative correlation between the proportion of Immigrants from Serbia and median household income in the United States with a correlation coefficient (R) of -0.107 and weighted average of $91,730, a difference of 24.3%.

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 Serbia are Jordanian ($91,794, a difference of 0.070%), Armenian ($91,807, a difference of 0.080%), Immigrants from North America ($91,860, a difference of 0.14%), Immigrants from Southern Europe ($91,605, a difference of 0.14%), and Immigrants from Lebanon ($91,887, a difference of 0.17%).