Immigrants from Latin America vs Peruvian 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 362,893,410 people shows a substantial negative correlation between the proportion of Peruvians and median household income in the United States with a correlation coefficient (R) of -0.511 and weighted average of $90,261, a difference of 19.7%.

Median Household Income Correlation Summary

Measurement	Immigrants from Latin America	Peruvian
Minimum	$37,370	$37,557
Maximum	$94,905	$120,179
Range	$57,535	$82,622
Mean	$68,616	$83,404
Median	$70,288	$85,145
Interquartile 25% (IQ1)	$60,228	$73,839
Interquartile 75% (IQ3)	$77,376	$95,038
Interquartile Range (IQR)	$17,148	$21,199
Standard Deviation (Sample)	$12,455	$17,709
Standard Deviation (Population)	$12,411	$17,595

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 Peruvians by Median Household Income

In terms of median household income, the demographic groups most similar to Peruvians are Northern European ($90,446, a difference of 0.20%), Immigrants from Northern Africa ($90,026, a difference of 0.26%), Immigrants from Western Asia ($90,005, a difference of 0.28%), Immigrants from Poland ($90,549, a difference of 0.32%), and Palestinian ($90,574, a difference of 0.35%).

Demographics	Rating \| Rank	Median Household Income
Macedonians	97.4 /100 \| #106	Exceptional $90,761
Croatians	97.3 /100 \| #107	Exceptional $90,685
Zimbabweans	97.2 /100 \| #108	Exceptional $90,618
Chileans	97.2 /100 \| #109	Exceptional $90,605
Palestinians	97.1 /100 \| #110	Exceptional $90,574
Immigrants \| Poland	97.1 /100 \| #111	Exceptional $90,549
Northern Europeans	96.9 /100 \| #112	Exceptional $90,446
Peruvians	96.5 /100 \| #113	Exceptional $90,261
Immigrants \| Northern Africa	95.9 /100 \| #114	Exceptional $90,026
Immigrants \| Western Asia	95.9 /100 \| #115	Exceptional $90,005
Native Hawaiians	95.7 /100 \| #116	Exceptional $89,919
Taiwanese	95.6 /100 \| #117	Exceptional $89,900
Syrians	95.4 /100 \| #118	Exceptional $89,830
Albanians	95.2 /100 \| #119	Exceptional $89,744
Immigrants \| North Macedonia	95.2 /100 \| #120	Exceptional $89,741