Immigrants from Korea vs Latvian Median Family Income

The statistical analysis conducted on geographies consisting of 415,814,318 people shows a slight negative correlation between the proportion of Immigrants from Korea and median family income in the United States with a correlation coefficient (R) of -0.062 and weighted average of $122,800. Similarly, the statistical analysis conducted on geographies consisting of 220,626,536 people shows a moderate negative correlation between the proportion of Latvians and median family income in the United States with a correlation coefficient (R) of -0.402 and weighted average of $120,301, a difference of 2.1%.

Median Family Income Correlation Summary

Measurement	Immigrants from Korea	Latvian
Minimum	$49,182	$41,641
Maximum	$250,001	$207,328
Range	$200,819	$165,687
Mean	$138,061	$114,631
Median	$133,220	$116,635
Interquartile 25% (IQ1)	$110,996	$80,254
Interquartile 75% (IQ3)	$156,101	$139,118
Interquartile Range (IQR)	$45,105	$58,864
Standard Deviation (Sample)	$47,393	$40,043
Standard Deviation (Population)	$46,996	$39,714

Demographics Similar to Immigrants from Korea and Latvians by Median Family Income

In terms of median family income, the demographic groups most similar to Immigrants from Korea are Immigrants from Sweden ($122,765, a difference of 0.030%), Immigrants from Japan ($122,764, a difference of 0.030%), Burmese ($123,369, a difference of 0.46%), Immigrants from Northern Europe ($121,840, a difference of 0.79%), and Immigrants from Belgium ($123,831, a difference of 0.84%). Similarly, the demographic groups most similar to Latvians are Immigrants from Sri Lanka ($120,263, a difference of 0.030%), Immigrants from Denmark ($120,445, a difference of 0.12%), Russian ($120,487, a difference of 0.15%), Immigrants from France ($120,076, a difference of 0.19%), and Asian ($119,955, a difference of 0.29%).

Demographics	Rating \| Rank	Median Family Income
Eastern Europeans	100.0 /100 \| #15	Exceptional $125,546
Immigrants \| China	100.0 /100 \| #16	Exceptional $125,540
Indians (Asian)	100.0 /100 \| #17	Exceptional $125,312
Immigrants \| Eastern Asia	100.0 /100 \| #18	Exceptional $125,150
Immigrants \| Belgium	100.0 /100 \| #19	Exceptional $123,831
Burmese	100.0 /100 \| #20	Exceptional $123,369
Immigrants \| Korea	100.0 /100 \| #21	Exceptional $122,800
Immigrants \| Sweden	100.0 /100 \| #22	Exceptional $122,765
Immigrants \| Japan	100.0 /100 \| #23	Exceptional $122,764
Immigrants \| Northern Europe	100.0 /100 \| #24	Exceptional $121,840
Turks	100.0 /100 \| #25	Exceptional $121,202
Immigrants \| Switzerland	100.0 /100 \| #26	Exceptional $120,726
Russians	100.0 /100 \| #27	Exceptional $120,487
Immigrants \| Denmark	100.0 /100 \| #28	Exceptional $120,445
Latvians	100.0 /100 \| #29	Exceptional $120,301
Immigrants \| Sri Lanka	100.0 /100 \| #30	Exceptional $120,263
Immigrants \| France	100.0 /100 \| #31	Exceptional $120,076
Asians	100.0 /100 \| #32	Exceptional $119,955
Bhutanese	100.0 /100 \| #33	Exceptional $119,800
Bolivians	100.0 /100 \| #34	Exceptional $119,479
Soviet Union	100.0 /100 \| #35	Exceptional $119,262