Immigrants from Latin America vs Somali Median Household Income
COMPARE
Immigrants from Latin America
Somali
Median Household Income
Median Household Income Comparison
Immigrants from Latin America
Somalis
$75,420
MEDIAN HOUSEHOLD INCOME
0.2/ 100
METRIC RATING
276th/ 347
METRIC RANK
$75,782
MEDIAN HOUSEHOLD INCOME
0.3/ 100
METRIC RATING
272nd/ 347
METRIC RANK
Immigrants from Latin America vs Somali Median Household Income Correlation Chart
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 99,284,368 people shows a significant negative correlation between the proportion of Somalis and median household income in the United States with a correlation coefficient (R) of -0.647 and weighted average of $75,782, a difference of 0.48%.

Median Household Income Correlation Summary
Measurement | Immigrants from Latin America | Somali |
Minimum | $37,370 | $24,660 |
Maximum | $94,905 | $111,550 |
Range | $57,535 | $86,890 |
Mean | $68,616 | $71,854 |
Median | $70,288 | $73,292 |
Interquartile 25% (IQ1) | $60,228 | $60,808 |
Interquartile 75% (IQ3) | $77,376 | $81,847 |
Interquartile Range (IQR) | $17,148 | $21,039 |
Standard Deviation (Sample) | $12,455 | $17,515 |
Standard Deviation (Population) | $12,411 | $17,352 |
Demographics Similar to Immigrants from Latin America and Somalis 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%). Similarly, the demographic groups most similar to Somalis are Pennsylvania German ($75,814, a difference of 0.040%), Hmong ($75,839, a difference of 0.080%), Immigrants from Jamaica ($75,851, a difference of 0.090%), Cape Verdean ($75,848, a difference of 0.090%), and German Russian ($75,856, a difference of 0.10%).
Demographics | Rating | Rank | Median Household Income |
Guatemalans | 0.3 /100 | #264 | Tragic $75,961 |
Immigrants | Belize | 0.3 /100 | #265 | Tragic $75,938 |
Americans | 0.3 /100 | #266 | Tragic $75,932 |
German Russians | 0.3 /100 | #267 | Tragic $75,856 |
Immigrants | Jamaica | 0.3 /100 | #268 | Tragic $75,851 |
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 |
Yaqui | 0.1 /100 | #284 | Tragic $74,596 |