Immigrants from Latin America vs Bangladeshi 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 141,320,446 people shows a slight negative correlation between the proportion of Bangladeshis and median household income in the United States with a correlation coefficient (R) of -0.061 and weighted average of $74,112, a difference of 1.8%.

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%). Similarly, the demographic groups most similar to Bangladeshis are Fijian ($74,205, a difference of 0.13%), Immigrants from Central America ($74,217, a difference of 0.14%), Iroquois ($74,279, a difference of 0.23%), Immigrants from Somalia ($74,300, a difference of 0.25%), and Mexican ($74,399, a difference of 0.39%).