Immigrants from Latin America vs Colombian 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 419,147,971 people shows a moderate negative correlation between the proportion of Colombians and median household income in the United States with a correlation coefficient (R) of -0.451 and weighted average of $85,716, a difference of 13.7%.

Median Household Income Correlation Summary

Measurement	Immigrants from Latin America	Colombian
Minimum	$37,370	$36,563
Maximum	$94,905	$123,534
Range	$57,535	$86,971
Mean	$68,616	$80,109
Median	$70,288	$80,054
Interquartile 25% (IQ1)	$60,228	$71,412
Interquartile 75% (IQ3)	$77,376	$89,021
Interquartile Range (IQR)	$17,148	$17,609
Standard Deviation (Sample)	$12,455	$13,777
Standard Deviation (Population)	$12,411	$13,694

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 Colombians by Median Household Income

In terms of median household income, the demographic groups most similar to Colombians are Swiss ($85,681, a difference of 0.040%), Icelander ($85,797, a difference of 0.090%), Immigrants ($85,818, a difference of 0.12%), Immigrants from South America ($85,611, a difference of 0.12%), and Slovene ($85,562, a difference of 0.18%).

Demographics	Rating \| Rank	Median Household Income
Guamanians/Chamorros	67.7 /100 \| #162	Good $86,255
Czechs	66.4 /100 \| #163	Good $86,164
Irish	66.2 /100 \| #164	Good $86,145
Norwegians	65.3 /100 \| #165	Good $86,084
Scandinavians	65.1 /100 \| #166	Good $86,073
Immigrants \| Immigrants	61.3 /100 \| #167	Good $85,818
Icelanders	61.0 /100 \| #168	Good $85,797
Colombians	59.7 /100 \| #169	Average $85,716
Swiss	59.2 /100 \| #170	Average $85,681
Immigrants \| South America	58.1 /100 \| #171	Average $85,611
Slovenes	57.4 /100 \| #172	Average $85,562
Immigrants \| Cameroon	53.4 /100 \| #173	Average $85,314
Scottish	50.0 /100 \| #174	Average $85,101
Immigrants \| Costa Rica	49.2 /100 \| #175	Average $85,054
Alsatians	49.2 /100 \| #176	Average $85,053