Immigrants from Latin America vs Nepalese 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 24,521,755 people shows a moderate negative correlation between the proportion of Nepalese and median family income in the United States with a correlation coefficient (R) of -0.409 and weighted average of $94,153, a difference of 8.2%.

Median Family Income Correlation Summary

Measurement	Immigrants from Latin America	Nepalese
Minimum	$39,785	$47,952
Maximum	$110,302	$142,416
Range	$70,517	$94,464
Mean	$77,259	$85,857
Median	$76,749	$88,639
Interquartile 25% (IQ1)	$66,005	$68,953
Interquartile 75% (IQ3)	$88,129	$103,204
Interquartile Range (IQR)	$22,124	$34,251
Standard Deviation (Sample)	$15,813	$22,971
Standard Deviation (Population)	$15,756	$22,682

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 Nepalese by Median Family Income

In terms of median family income, the demographic groups most similar to Nepalese are Salvadoran ($94,109, a difference of 0.050%), Somali ($94,085, a difference of 0.070%), Immigrants from Trinidad and Tobago ($93,988, a difference of 0.17%), Barbadian ($93,919, a difference of 0.25%), and Alaskan Athabascan ($94,429, a difference of 0.29%).

Demographics	Rating \| Rank	Median Family Income
Ecuadorians	2.1 /100 \| #231	Tragic $95,114
Immigrants \| Venezuela	1.9 /100 \| #232	Tragic $94,904
Immigrants \| Bangladesh	1.6 /100 \| #233	Tragic $94,665
Immigrants \| Western Africa	1.6 /100 \| #234	Tragic $94,638
Immigrants \| Burma/Myanmar	1.5 /100 \| #235	Tragic $94,472
Trinidadians and Tobagonians	1.5 /100 \| #236	Tragic $94,466
Alaskan Athabascans	1.5 /100 \| #237	Tragic $94,429
Nepalese	1.3 /100 \| #238	Tragic $94,153
Salvadorans	1.2 /100 \| #239	Tragic $94,109
Somalis	1.2 /100 \| #240	Tragic $94,085
Immigrants \| Trinidad and Tobago	1.2 /100 \| #241	Tragic $93,988
Barbadians	1.1 /100 \| #242	Tragic $93,919
German Russians	1.1 /100 \| #243	Tragic $93,858
Sub-Saharan Africans	1.0 /100 \| #244	Tragic $93,748
Immigrants \| Middle Africa	1.0 /100 \| #245	Tragic $93,593