Immigrants from Latin America vs Serbian 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 267,482,647 people shows a poor negative correlation between the proportion of Serbians and median family income in the United States with a correlation coefficient (R) of -0.162 and weighted average of $107,157, a difference of 23.2%.

Median Family Income Correlation Summary

Measurement	Immigrants from Latin America	Serbian
Minimum	$39,785	$50,679
Maximum	$110,302	$154,464
Range	$70,517	$103,785
Mean	$77,259	$95,313
Median	$76,749	$91,648
Interquartile 25% (IQ1)	$66,005	$76,245
Interquartile 75% (IQ3)	$88,129	$109,780
Interquartile Range (IQR)	$22,124	$33,535
Standard Deviation (Sample)	$15,813	$22,166
Standard Deviation (Population)	$15,756	$21,907

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 Serbians by Median Family Income

In terms of median family income, the demographic groups most similar to Serbians are Lebanese ($107,086, a difference of 0.070%), Taiwanese ($107,295, a difference of 0.13%), Immigrants from Ethiopia ($106,969, a difference of 0.18%), Arab ($106,952, a difference of 0.19%), and Brazilian ($106,942, a difference of 0.20%).

Demographics	Rating \| Rank	Median Family Income
Sri Lankans	94.5 /100 \| #119	Exceptional $108,234
Immigrants \| Northern Africa	94.3 /100 \| #120	Exceptional $108,161
Europeans	94.1 /100 \| #121	Exceptional $108,099
Immigrants \| Jordan	92.9 /100 \| #122	Exceptional $107,715
Carpatho Rusyns	92.2 /100 \| #123	Exceptional $107,502
Pakistanis	91.7 /100 \| #124	Exceptional $107,390
Taiwanese	91.4 /100 \| #125	Exceptional $107,295
Serbians	90.8 /100 \| #126	Exceptional $107,157
Lebanese	90.5 /100 \| #127	Exceptional $107,086
Immigrants \| Ethiopia	90.0 /100 \| #128	Excellent $106,969
Arabs	89.9 /100 \| #129	Excellent $106,952
Brazilians	89.8 /100 \| #130	Excellent $106,942
Canadians	88.1 /100 \| #131	Excellent $106,597
Immigrants \| Fiji	87.8 /100 \| #132	Excellent $106,544
Ugandans	87.8 /100 \| #133	Excellent $106,541