Immigrants from Latin America vs Hungarian 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 485,741,386 people shows a substantial negative correlation between the proportion of Hungarians and median household income in the United States with a correlation coefficient (R) of -0.516 and weighted average of $86,920, a difference of 15.2%.

Median Household Income Correlation Summary

Measurement	Immigrants from Latin America	Hungarian
Minimum	$37,370	$27,488
Maximum	$94,905	$127,161
Range	$57,535	$99,673
Mean	$68,616	$76,828
Median	$70,288	$79,103
Interquartile 25% (IQ1)	$60,228	$65,060
Interquartile 75% (IQ3)	$77,376	$90,559
Interquartile Range (IQR)	$17,148	$25,499
Standard Deviation (Sample)	$12,455	$21,600
Standard Deviation (Population)	$12,411	$21,417

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 Hungarians by Median Household Income

In terms of median household income, the demographic groups most similar to Hungarians are Immigrants from Saudi Arabia ($86,875, a difference of 0.050%), Basque ($87,001, a difference of 0.090%), South American ($86,824, a difference of 0.11%), Immigrants from Nepal ($87,046, a difference of 0.15%), and Immigrants from Germany ($86,764, a difference of 0.18%).

Demographics	Rating \| Rank	Median Household Income
Serbians	83.0 /100 \| #144	Excellent $87,572
Ugandans	82.9 /100 \| #145	Excellent $87,557
Immigrants \| Uganda	82.8 /100 \| #146	Excellent $87,553
South American Indians	81.8 /100 \| #147	Excellent $87,446
Costa Ricans	80.0 /100 \| #148	Excellent $87,262
Immigrants \| Nepal	77.7 /100 \| #149	Good $87,046
Basques	77.2 /100 \| #150	Good $87,001
Hungarians	76.3 /100 \| #151	Good $86,920
Immigrants \| Saudi Arabia	75.8 /100 \| #152	Good $86,875
South Americans	75.1 /100 \| #153	Good $86,824
Immigrants \| Germany	74.4 /100 \| #154	Good $86,764
Carpatho Rusyns	72.8 /100 \| #155	Good $86,635
Immigrants \| Albania	71.5 /100 \| #156	Good $86,534
Samoans	71.0 /100 \| #157	Good $86,498
Moroccans	70.6 /100 \| #158	Good $86,468