Immigrants from Latin America vs New Zealander 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 106,891,661 people shows a poor negative correlation between the proportion of New Zealanders and median household income in the United States with a correlation coefficient (R) of -0.120 and weighted average of $95,146, a difference of 26.2%.

Median Household Income Correlation Summary

Measurement	Immigrants from Latin America	New Zealander
Minimum	$37,370	$44,447
Maximum	$94,905	$200,054
Range	$57,535	$155,607
Mean	$68,616	$98,486
Median	$70,288	$94,049
Interquartile 25% (IQ1)	$60,228	$77,381
Interquartile 75% (IQ3)	$77,376	$113,735
Interquartile Range (IQR)	$17,148	$36,354
Standard Deviation (Sample)	$12,455	$36,469
Standard Deviation (Population)	$12,411	$36,032

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 New Zealanders by Median Household Income

In terms of median household income, the demographic groups most similar to New Zealanders are Soviet Union ($95,098, a difference of 0.050%), Immigrants from Europe ($95,032, a difference of 0.12%), Korean ($95,018, a difference of 0.13%), Immigrants from Austria ($95,277, a difference of 0.14%), and Laotian ($94,990, a difference of 0.16%).

Demographics	Rating \| Rank	Median Household Income
Bulgarians	99.9 /100 \| #50	Exceptional $96,290
Estonians	99.9 /100 \| #51	Exceptional $95,930
Immigrants \| South Africa	99.9 /100 \| #52	Exceptional $95,800
Paraguayans	99.9 /100 \| #53	Exceptional $95,737
Egyptians	99.9 /100 \| #54	Exceptional $95,673
Immigrants \| Czechoslovakia	99.9 /100 \| #55	Exceptional $95,319
Immigrants \| Austria	99.9 /100 \| #56	Exceptional $95,277
New Zealanders	99.8 /100 \| #57	Exceptional $95,146
Soviet Union	99.8 /100 \| #58	Exceptional $95,098
Immigrants \| Europe	99.8 /100 \| #59	Exceptional $95,032
Koreans	99.8 /100 \| #60	Exceptional $95,018
Laotians	99.8 /100 \| #61	Exceptional $94,990
Immigrants \| Norway	99.8 /100 \| #62	Exceptional $94,846
Greeks	99.8 /100 \| #63	Exceptional $94,735
Immigrants \| Netherlands	99.7 /100 \| #64	Exceptional $94,411