Immigrants from Latin America vs Spaniard 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 443,014,990 people shows a poor negative correlation between the proportion of Spaniards and median household income in the United States with a correlation coefficient (R) of -0.111 and weighted average of $84,644, a difference of 12.2%.

Median Household Income Correlation Summary

Measurement	Immigrants from Latin America	Spaniard
Minimum	$37,370	$28,571
Maximum	$94,905	$125,625
Range	$57,535	$97,054
Mean	$68,616	$67,731
Median	$70,288	$65,475
Interquartile 25% (IQ1)	$60,228	$55,726
Interquartile 75% (IQ3)	$77,376	$77,042
Interquartile Range (IQR)	$17,148	$21,316
Standard Deviation (Sample)	$12,455	$18,232
Standard Deviation (Population)	$12,411	$18,096

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 Spaniards by Median Household Income

In terms of median household income, the demographic groups most similar to Spaniards are Uruguayan ($84,691, a difference of 0.060%), Hawaiian ($84,729, a difference of 0.10%), Immigrants from Portugal ($84,740, a difference of 0.11%), English ($84,915, a difference of 0.32%), and Czechoslovakian ($84,965, a difference of 0.38%).

Demographics	Rating \| Rank	Median Household Income
Alsatians	49.2 /100 \| #176	Average $85,053
Immigrants \| Eritrea	48.8 /100 \| #177	Average $85,025
Czechoslovakians	47.8 /100 \| #178	Average $84,965
English	47.0 /100 \| #179	Average $84,915
Immigrants \| Portugal	44.2 /100 \| #180	Average $84,740
Hawaiians	44.1 /100 \| #181	Average $84,729
Uruguayans	43.5 /100 \| #182	Average $84,691
Spaniards	42.7 /100 \| #183	Average $84,644
Immigrants \| Eastern Africa	37.4 /100 \| #184	Fair $84,299
Kenyans	34.2 /100 \| #185	Fair $84,085
Puget Sound Salish	33.2 /100 \| #186	Fair $84,011
Belgians	33.2 /100 \| #187	Fair $84,008
Tlingit-Haida	32.6 /100 \| #188	Fair $83,968
Immigrants \| Colombia	31.7 /100 \| #189	Fair $83,902
Slovaks	30.2 /100 \| #190	Fair $83,798