Immigrants from Argentina vs Laotian Median Family Income

The statistical analysis conducted on geographies consisting of 264,326,105 people shows a mild positive correlation between the proportion of Immigrants from Argentina and median family income in the United States with a correlation coefficient (R) of 0.366 and weighted average of $110,873. Similarly, the statistical analysis conducted on geographies consisting of 224,714,380 people shows a moderate positive correlation between the proportion of Laotians and median family income in the United States with a correlation coefficient (R) of 0.431 and weighted average of $112,859, a difference of 1.8%.

Median Family Income Correlation Summary

Measurement	Immigrants from Argentina	Laotian
Minimum	$43,750	$38,056
Maximum	$250,001	$210,375
Range	$206,251	$172,319
Mean	$111,446	$109,887
Median	$99,402	$99,824
Interquartile 25% (IQ1)	$83,128	$89,104
Interquartile 75% (IQ3)	$121,234	$125,414
Interquartile Range (IQR)	$38,106	$36,309
Standard Deviation (Sample)	$47,916	$37,256
Standard Deviation (Population)	$47,552	$36,830

Demographics Similar to Immigrants from Argentina and Laotians by Median Family Income

In terms of median family income, the demographic groups most similar to Immigrants from Argentina are Northern European ($110,635, a difference of 0.21%), Immigrants from Southern Europe ($110,614, a difference of 0.23%), Romanian ($111,243, a difference of 0.33%), Austrian ($111,306, a difference of 0.39%), and Croatian ($111,370, a difference of 0.45%). Similarly, the demographic groups most similar to Laotians are Immigrants from Italy ($112,848, a difference of 0.010%), Afghan ($112,971, a difference of 0.10%), Immigrants from Western Europe ($112,688, a difference of 0.15%), Argentinean ($112,665, a difference of 0.17%), and Immigrants from Eastern Europe ($112,527, a difference of 0.30%).

Demographics	Rating \| Rank	Median Family Income
South Africans	99.5 /100 \| #71	Exceptional $113,229
Afghans	99.5 /100 \| #72	Exceptional $112,971
Laotians	99.5 /100 \| #73	Exceptional $112,859
Immigrants \| Italy	99.4 /100 \| #74	Exceptional $112,848
Immigrants \| Western Europe	99.4 /100 \| #75	Exceptional $112,688
Argentineans	99.4 /100 \| #76	Exceptional $112,665
Immigrants \| Eastern Europe	99.4 /100 \| #77	Exceptional $112,527
Immigrants \| Canada	99.3 /100 \| #78	Exceptional $112,374
Italians	99.3 /100 \| #79	Exceptional $112,372
Immigrants \| Croatia	99.3 /100 \| #80	Exceptional $112,323
Immigrants \| North America	99.2 /100 \| #81	Exceptional $112,151
Immigrants \| England	99.2 /100 \| #82	Exceptional $112,038
Immigrants \| Egypt	99.0 /100 \| #83	Exceptional $111,689
Immigrants \| Hungary	98.8 /100 \| #84	Exceptional $111,378
Croatians	98.8 /100 \| #85	Exceptional $111,370
Ukrainians	98.8 /100 \| #86	Exceptional $111,368
Austrians	98.8 /100 \| #87	Exceptional $111,306
Romanians	98.8 /100 \| #88	Exceptional $111,243
Immigrants \| Argentina	98.5 /100 \| #89	Exceptional $110,873
Northern Europeans	98.3 /100 \| #90	Exceptional $110,635
Immigrants \| Southern Europe	98.3 /100 \| #91	Exceptional $110,614