Hispanic or Latino vs Nepalese 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 24,521,755 people shows a moderate negative correlation between the proportion of Nepalese and median household income in the United States with a correlation coefficient (R) of -0.485 and weighted average of $82,410, a difference of 11.6%.

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 Nepalese are Venezuelan ($82,432, a difference of 0.030%), Salvadoran ($82,449, a difference of 0.050%), Panamanian ($82,272, a difference of 0.17%), Immigrants from Uruguay ($82,560, a difference of 0.18%), and Vietnamese ($82,248, a difference of 0.20%).