Hispanic or Latino vs Nicaraguan Per Capita Income

The statistical analysis conducted on geographies consisting of 578,671,475 people shows a near-perfect negative correlation between the proportion of Hispanics or Latinos and per capita income in the United States with a correlation coefficient (R) of -0.936 and weighted average of $35,688. Similarly, the statistical analysis conducted on geographies consisting of 285,722,062 people shows a moderate negative correlation between the proportion of Nicaraguans and per capita income in the United States with a correlation coefficient (R) of -0.484 and weighted average of $39,372, a difference of 10.3%.

In terms of per capita income, the demographic groups most similar to Hispanics or Latinos are Immigrants from Congo ($35,720, a difference of 0.090%), Black/African American ($35,564, a difference of 0.35%), Creek ($35,546, a difference of 0.40%), Bangladeshi ($35,897, a difference of 0.59%), and Dutch West Indian ($35,922, a difference of 0.66%).

In terms of per capita income, the demographic groups most similar to Nicaraguans are Hawaiian ($39,403, a difference of 0.080%), Jamaican ($39,231, a difference of 0.36%), Immigrants from Middle Africa ($39,529, a difference of 0.40%), Malaysian ($39,194, a difference of 0.46%), and Alaska Native ($39,558, a difference of 0.47%).