Immigrants from Latin America vs Paraguayan 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 95,096,064 people shows no correlation between the proportion of Paraguayans and median household income in the United States with a correlation coefficient (R) of 0.036 and weighted average of $95,737, a difference of 26.9%.

Median Household Income Correlation Summary

Measurement	Immigrants from Latin America	Paraguayan
Minimum	$37,370	$43,906
Maximum	$94,905	$220,060
Range	$57,535	$176,154
Mean	$68,616	$104,819
Median	$70,288	$98,291
Interquartile 25% (IQ1)	$60,228	$77,788
Interquartile 75% (IQ3)	$77,376	$122,293
Interquartile Range (IQR)	$17,148	$44,505
Standard Deviation (Sample)	$12,455	$41,190
Standard Deviation (Population)	$12,411	$40,877

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 Paraguayans by Median Household Income

In terms of median household income, the demographic groups most similar to Paraguayans are Immigrants from South Africa ($95,800, a difference of 0.070%), Egyptian ($95,673, a difference of 0.070%), Estonian ($95,930, a difference of 0.20%), Immigrants from Czechoslovakia ($95,319, a difference of 0.44%), and Immigrants from Austria ($95,277, a difference of 0.48%).

Demographics	Rating \| Rank	Median Household Income
Australians	99.9 /100 \| #46	Exceptional $96,490
Immigrants \| Russia	99.9 /100 \| #47	Exceptional $96,378
Cambodians	99.9 /100 \| #48	Exceptional $96,324
Immigrants \| Malaysia	99.9 /100 \| #49	Exceptional $96,292
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