Immigrants from Latin America vs Swedish 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 538,472,836 people shows a significant negative correlation between the proportion of Swedes and median household income in the United States with a correlation coefficient (R) of -0.663 and weighted average of $88,524, a difference of 17.4%.

Median Household Income Correlation Summary

Measurement	Immigrants from Latin America	Swedish
Minimum	$37,370	$14,107
Maximum	$94,905	$118,333
Range	$57,535	$104,226
Mean	$68,616	$75,217
Median	$70,288	$76,969
Interquartile 25% (IQ1)	$60,228	$67,408
Interquartile 75% (IQ3)	$77,376	$89,464
Interquartile Range (IQR)	$17,148	$22,056
Standard Deviation (Sample)	$12,455	$18,981
Standard Deviation (Population)	$12,411	$18,875

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 Swedes by Median Household Income

In terms of median household income, the demographic groups most similar to Swedes are Immigrants from Sierra Leone ($88,498, a difference of 0.030%), Polish ($88,472, a difference of 0.060%), Sierra Leonean ($88,463, a difference of 0.070%), Arab ($88,398, a difference of 0.14%), and Immigrants from Chile ($88,388, a difference of 0.15%).

Demographics	Rating \| Rank	Median Household Income
Immigrants \| Peru	92.5 /100 \| #127	Exceptional $89,010
Portuguese	92.3 /100 \| #128	Exceptional $88,976
Brazilians	92.1 /100 \| #129	Exceptional $88,934
British	92.0 /100 \| #130	Exceptional $88,914
Immigrants \| Syria	91.4 /100 \| #131	Exceptional $88,792
Europeans	91.2 /100 \| #132	Exceptional $88,751
Immigrants \| Ethiopia	90.9 /100 \| #133	Exceptional $88,687
Swedes	90.0 /100 \| #134	Exceptional $88,524
Immigrants \| Sierra Leone	89.9 /100 \| #135	Excellent $88,498
Poles	89.7 /100 \| #136	Excellent $88,472
Sierra Leoneans	89.6 /100 \| #137	Excellent $88,463
Arabs	89.2 /100 \| #138	Excellent $88,398
Immigrants \| Chile	89.2 /100 \| #139	Excellent $88,388
Lebanese	87.2 /100 \| #140	Excellent $88,091
Immigrants \| Morocco	86.0 /100 \| #141	Excellent $87,930