Immigrants from Europe vs Israeli Median Household Income

The statistical analysis conducted on geographies consisting of 546,586,899 people shows a moderate negative correlation between the proportion of Immigrants from Europe and median household income in the United States with a correlation coefficient (R) of -0.490 and weighted average of $95,032. Similarly, the statistical analysis conducted on geographies consisting of 210,971,551 people shows a weak positive correlation between the proportion of Israelis and median household income in the United States with a correlation coefficient (R) of 0.252 and weighted average of $96,552, a difference of 1.6%.

Median Household Income Correlation Summary

Measurement	Immigrants from Europe	Israeli
Minimum	$32,853	$41,875
Maximum	$146,675	$250,001
Range	$113,822	$208,126
Mean	$88,761	$117,996
Median	$85,626	$104,190
Interquartile 25% (IQ1)	$74,349	$92,986
Interquartile 75% (IQ3)	$105,928	$142,824
Interquartile Range (IQR)	$31,579	$49,838
Standard Deviation (Sample)	$23,344	$48,790
Standard Deviation (Population)	$23,142	$47,997

Demographics Similar to Immigrants from Europe and Israelis by Median Household Income

In terms of median household income, the demographic groups most similar to Immigrants from Europe are Korean ($95,018, a difference of 0.020%), Laotian ($94,990, a difference of 0.040%), Soviet Union ($95,098, a difference of 0.070%), New Zealander ($95,146, a difference of 0.12%), and Immigrants from Norway ($94,846, a difference of 0.20%). Similarly, the demographic groups most similar to Israelis are Australian ($96,490, a difference of 0.060%), Immigrants from Greece ($96,675, a difference of 0.13%), Immigrants from Russia ($96,378, a difference of 0.18%), Immigrants from France ($96,743, a difference of 0.20%), and Cambodian ($96,324, a difference of 0.24%).

Demographics	Rating \| Rank	Median Household Income
Immigrants \| Lithuania	99.9 /100 \| #42	Exceptional $96,836
Immigrants \| France	99.9 /100 \| #43	Exceptional $96,743
Immigrants \| Greece	99.9 /100 \| #44	Exceptional $96,675
Israelis	99.9 /100 \| #45	Exceptional $96,552
Australians	99.9 /100 \| #46	Exceptional $96,490
Immigrants \| Russia	99.9 /100 \| #47	Exceptional $96,378
Cambodians	99.9 /100 \| #48	Exceptional $96,324
Immigrants \| Malaysia	99.9 /100 \| #49	Exceptional $96,292
Bulgarians	99.9 /100 \| #50	Exceptional $96,290
Estonians	99.9 /100 \| #51	Exceptional $95,930
Immigrants \| South Africa	99.9 /100 \| #52	Exceptional $95,800
Paraguayans	99.9 /100 \| #53	Exceptional $95,737
Egyptians	99.9 /100 \| #54	Exceptional $95,673
Immigrants \| Czechoslovakia	99.9 /100 \| #55	Exceptional $95,319
Immigrants \| Austria	99.9 /100 \| #56	Exceptional $95,277
New Zealanders	99.8 /100 \| #57	Exceptional $95,146
Soviet Union	99.8 /100 \| #58	Exceptional $95,098
Immigrants \| Europe	99.8 /100 \| #59	Exceptional $95,032
Koreans	99.8 /100 \| #60	Exceptional $95,018
Laotians	99.8 /100 \| #61	Exceptional $94,990
Immigrants \| Norway	99.8 /100 \| #62	Exceptional $94,846