Hispanic or Latino vs Serbian Median Family Income

The statistical analysis conducted on geographies consisting of 576,861,643 people shows a near-perfect negative correlation between the proportion of Hispanics or Latinos and median family income in the United States with a correlation coefficient (R) of -0.909 and weighted average of $85,647. Similarly, the statistical analysis conducted on geographies consisting of 267,482,647 people shows a poor negative correlation between the proportion of Serbians and median family income in the United States with a correlation coefficient (R) of -0.162 and weighted average of $107,157, a difference of 25.1%.

In terms of median family income, the demographic groups most similar to Hispanics or Latinos are Mexican ($85,618, a difference of 0.030%), Spanish American Indian ($85,728, a difference of 0.090%), Colville ($85,792, a difference of 0.17%), Paiute ($85,414, a difference of 0.27%), and Immigrants from Dominica ($85,411, a difference of 0.28%).

In terms of median family income, the demographic groups most similar to Serbians are Lebanese ($107,086, a difference of 0.070%), Taiwanese ($107,295, a difference of 0.13%), Immigrants from Ethiopia ($106,969, a difference of 0.18%), Arab ($106,952, a difference of 0.19%), and Brazilian ($106,942, a difference of 0.20%).