Immigrants from Latin America vs Bahamian Median Household Income

The statistical analysis conducted on geographies consisting of 557,585,131 people shows a significant negative correlation between the proportion of Immigrants from Latin America and median household income in the United States with a correlation coefficient (R) of -0.654 and weighted average of $75,420. Similarly, the statistical analysis conducted on geographies consisting of 112,607,468 people shows a mild negative correlation between the proportion of Bahamians and median household income in the United States with a correlation coefficient (R) of -0.326 and weighted average of $69,726, a difference of 8.2%.

Median Household Income Correlation Summary

Measurement	Immigrants from Latin America	Bahamian
Minimum	$37,370	$38,952
Maximum	$94,905	$109,393
Range	$57,535	$70,441
Mean	$68,616	$62,193
Median	$70,288	$61,085
Interquartile 25% (IQ1)	$60,228	$48,214
Interquartile 75% (IQ3)	$77,376	$73,042
Interquartile Range (IQR)	$17,148	$24,828
Standard Deviation (Sample)	$12,455	$14,104
Standard Deviation (Population)	$12,411	$13,984

Similar Demographics by Median Household Income

Demographics Similar to Immigrants from Latin America by Median Household Income

In terms of median household income, the demographic groups most similar to Immigrants from Latin America are Spanish American ($75,386, a difference of 0.040%), Immigrants from Micronesia ($75,574, a difference of 0.20%), Osage ($75,240, a difference of 0.24%), British West Indian ($75,647, a difference of 0.30%), and Liberian ($75,667, a difference of 0.33%).

Demographics	Rating \| Rank	Median Household Income
Cape Verdeans	0.3 /100 \| #269	Tragic $75,848
Hmong	0.3 /100 \| #270	Tragic $75,839
Pennsylvania Germans	0.3 /100 \| #271	Tragic $75,814
Somalis	0.3 /100 \| #272	Tragic $75,782
Liberians	0.2 /100 \| #273	Tragic $75,667
British West Indians	0.2 /100 \| #274	Tragic $75,647
Immigrants \| Micronesia	0.2 /100 \| #275	Tragic $75,574
Immigrants \| Latin America	0.2 /100 \| #276	Tragic $75,420
Spanish Americans	0.2 /100 \| #277	Tragic $75,386
Osage	0.2 /100 \| #278	Tragic $75,240
Immigrants \| Guatemala	0.2 /100 \| #279	Tragic $75,123
Senegalese	0.2 /100 \| #280	Tragic $74,999
Immigrants \| Liberia	0.1 /100 \| #281	Tragic $74,896
Central American Indians	0.1 /100 \| #282	Tragic $74,847
Cree	0.1 /100 \| #283	Tragic $74,685

Demographics Similar to Bahamians by Median Household Income

In terms of median household income, the demographic groups most similar to Bahamians are Yup'ik ($69,695, a difference of 0.040%), Choctaw ($69,947, a difference of 0.32%), Chickasaw ($70,005, a difference of 0.40%), Seminole ($69,420, a difference of 0.44%), and Colville ($70,094, a difference of 0.53%).

Demographics	Rating \| Rank	Median Household Income
Apache	0.0 /100 \| #316	Tragic $70,927
Cajuns	0.0 /100 \| #317	Tragic $70,605
Chippewa	0.0 /100 \| #318	Tragic $70,539
Immigrants \| Dominican Republic	0.0 /100 \| #319	Tragic $70,208
Colville	0.0 /100 \| #320	Tragic $70,094
Chickasaw	0.0 /100 \| #321	Tragic $70,005
Choctaw	0.0 /100 \| #322	Tragic $69,947
Bahamians	0.0 /100 \| #323	Tragic $69,726
Yup'ik	0.0 /100 \| #324	Tragic $69,695
Seminole	0.0 /100 \| #325	Tragic $69,420
Yuman	0.0 /100 \| #326	Tragic $68,743
Immigrants \| Cuba	0.0 /100 \| #327	Tragic $68,461
Menominee	0.0 /100 \| #328	Tragic $68,423
Dutch West Indians	0.0 /100 \| #329	Tragic $68,412
Arapaho	0.0 /100 \| #330	Tragic $67,965