Immigrants from Latin America vs American Median Family Income

The statistical analysis conducted on geographies consisting of 557,337,898 people shows a strong negative correlation between the proportion of Immigrants from Latin America and median family income in the United States with a correlation coefficient (R) of -0.711 and weighted average of $86,989. Similarly, the statistical analysis conducted on geographies consisting of 580,248,843 people shows a mild negative correlation between the proportion of Americans and median family income in the United States with a correlation coefficient (R) of -0.326 and weighted average of $92,096, a difference of 5.9%.

Median Family Income Correlation Summary

Measurement	Immigrants from Latin America	American
Minimum	$39,785	$2,499
Maximum	$110,302	$139,235
Range	$70,517	$136,736
Mean	$77,259	$73,235
Median	$76,749	$70,309
Interquartile 25% (IQ1)	$66,005	$63,060
Interquartile 75% (IQ3)	$88,129	$81,871
Interquartile Range (IQR)	$22,124	$18,811
Standard Deviation (Sample)	$15,813	$18,957
Standard Deviation (Population)	$15,756	$18,897

Similar Demographics by Median Family Income

Demographics Similar to Immigrants from Latin America by Median Family Income

In terms of median family income, the demographic groups most similar to Immigrants from Latin America are Chippewa ($86,852, a difference of 0.16%), Cajun ($87,157, a difference of 0.19%), Immigrants from Guatemala ($87,191, a difference of 0.23%), Yaqui ($87,289, a difference of 0.34%), and Fijian ($87,387, a difference of 0.46%).

Demographics	Rating \| Rank	Median Family Income
Immigrants \| Cabo Verde	0.1 /100 \| #291	Tragic $87,830
Africans	0.1 /100 \| #292	Tragic $87,820
Ute	0.0 /100 \| #293	Tragic $87,596
Fijians	0.0 /100 \| #294	Tragic $87,387
Yaqui	0.0 /100 \| #295	Tragic $87,289
Immigrants \| Guatemala	0.0 /100 \| #296	Tragic $87,191
Cajuns	0.0 /100 \| #297	Tragic $87,157
Immigrants \| Latin America	0.0 /100 \| #298	Tragic $86,989
Chippewa	0.0 /100 \| #299	Tragic $86,852
Ottawa	0.0 /100 \| #300	Tragic $86,380
Colville	0.0 /100 \| #301	Tragic $85,792
Spanish American Indians	0.0 /100 \| #302	Tragic $85,728
Hispanics or Latinos	0.0 /100 \| #303	Tragic $85,647
Mexicans	0.0 /100 \| #304	Tragic $85,618
Paiute	0.0 /100 \| #305	Tragic $85,414

Demographics Similar to Americans by Median Family Income

In terms of median family income, the demographic groups most similar to Americans are Nicaraguan ($92,231, a difference of 0.15%), Immigrants from Laos ($92,239, a difference of 0.16%), Osage ($91,926, a difference of 0.19%), Cape Verdean ($91,848, a difference of 0.27%), and Immigrants from Barbados ($92,419, a difference of 0.35%).

Demographics	Rating \| Rank	Median Family Income
West Indians	0.6 /100 \| #250	Tragic $92,765
Immigrants \| Somalia	0.6 /100 \| #251	Tragic $92,609
Immigrants \| El Salvador	0.6 /100 \| #252	Tragic $92,545
Immigrants \| Guyana	0.6 /100 \| #253	Tragic $92,513
Immigrants \| Barbados	0.5 /100 \| #254	Tragic $92,419
Immigrants \| Laos	0.5 /100 \| #255	Tragic $92,239
Nicaraguans	0.5 /100 \| #256	Tragic $92,231
Americans	0.4 /100 \| #257	Tragic $92,096
Osage	0.4 /100 \| #258	Tragic $91,926
Cape Verdeans	0.4 /100 \| #259	Tragic $91,848
Pennsylvania Germans	0.4 /100 \| #260	Tragic $91,763
Inupiat	0.4 /100 \| #261	Tragic $91,730
Liberians	0.4 /100 \| #262	Tragic $91,722
Immigrants \| West Indies	0.3 /100 \| #263	Tragic $91,588
Senegalese	0.3 /100 \| #264	Tragic $91,475