Immigrants from Latin America vs Peruvian 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 362,843,990 people shows a poor negative correlation between the proportion of Peruvians and median family income in the United States with a correlation coefficient (R) of -0.182 and weighted average of $105,444, a difference of 21.2%.

Median Family Income Correlation Summary

Measurement	Immigrants from Latin America	Peruvian
Minimum	$39,785	$43,482
Maximum	$110,302	$199,297
Range	$70,517	$155,815
Mean	$77,259	$98,972
Median	$76,749	$99,243
Interquartile 25% (IQ1)	$66,005	$87,340
Interquartile 75% (IQ3)	$88,129	$109,266
Interquartile Range (IQR)	$22,124	$21,927
Standard Deviation (Sample)	$15,813	$24,295
Standard Deviation (Population)	$15,756	$24,144

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 Peruvians by Median Family Income

In terms of median family income, the demographic groups most similar to Peruvians are Irish ($105,453, a difference of 0.010%), Immigrants from Germany ($105,507, a difference of 0.060%), Immigrants from Albania ($105,285, a difference of 0.15%), Hungarian ($105,609, a difference of 0.16%), and Immigrants from Chile ($105,655, a difference of 0.20%).

Demographics	Rating \| Rank	Median Family Income
Immigrants \| Morocco	84.3 /100 \| #144	Excellent $105,964
Danes	83.8 /100 \| #145	Excellent $105,900
Czechs	83.4 /100 \| #146	Excellent $105,839
Immigrants \| Chile	82.1 /100 \| #147	Excellent $105,655
Hungarians	81.7 /100 \| #148	Excellent $105,609
Immigrants \| Germany	80.9 /100 \| #149	Excellent $105,507
Irish	80.5 /100 \| #150	Excellent $105,453
Peruvians	80.4 /100 \| #151	Excellent $105,444
Immigrants \| Albania	79.1 /100 \| #152	Good $105,285
Slavs	77.9 /100 \| #153	Good $105,144
Immigrants \| Nepal	76.3 /100 \| #154	Good $104,966
Native Hawaiians	75.8 /100 \| #155	Good $104,910
Basques	74.4 /100 \| #156	Good $104,760
Moroccans	71.6 /100 \| #157	Good $104,488
Scandinavians	70.8 /100 \| #158	Good $104,410