Hispanic or Latino vs Mongolian 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 140,276,403 people shows a slight negative correlation between the proportion of Mongolians and median household income in the United States with a correlation coefficient (R) of -0.094 and weighted average of $93,971, a difference of 27.3%.

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 Mongolians are Argentinean ($93,960, a difference of 0.010%), Immigrants from Fiji ($93,933, a difference of 0.040%), Immigrants from Philippines ($93,899, a difference of 0.080%), Immigrants from Scotland ($94,091, a difference of 0.13%), and Lithuanian ($93,852, a difference of 0.13%).