Immigrants from Latin America vs Welsh 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 527,824,493 people shows a weak negative correlation between the proportion of Welsh and median family income in the United States with a correlation coefficient (R) of -0.201 and weighted average of $102,151, a difference of 17.4%.

Median Family Income Correlation Summary

Measurement	Immigrants from Latin America	Welsh
Minimum	$39,785	$28,750
Maximum	$110,302	$145,055
Range	$70,517	$116,305
Mean	$77,259	$88,686
Median	$76,749	$89,832
Interquartile 25% (IQ1)	$66,005	$80,992
Interquartile 75% (IQ3)	$88,129	$101,775
Interquartile Range (IQR)	$22,124	$20,783
Standard Deviation (Sample)	$15,813	$21,326
Standard Deviation (Population)	$15,756	$21,138

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 Welsh by Median Family Income

In terms of median family income, the demographic groups most similar to Welsh are German ($102,254, a difference of 0.10%), French ($102,368, a difference of 0.21%), Immigrants from Eastern Africa ($102,451, a difference of 0.29%), South American ($101,856, a difference of 0.29%), and Finnish ($102,676, a difference of 0.51%).

Demographics	Rating \| Rank	Median Family Income
Alsatians	54.3 /100 \| #171	Average $103,010
Immigrants \| Eritrea	51.9 /100 \| #172	Average $102,823
Belgians	51.4 /100 \| #173	Average $102,788
Finns	50.0 /100 \| #174	Average $102,676
Immigrants \| Eastern Africa	47.1 /100 \| #175	Average $102,451
French	46.1 /100 \| #176	Average $102,368
Germans	44.6 /100 \| #177	Average $102,254
Welsh	43.3 /100 \| #178	Average $102,151
South Americans	39.7 /100 \| #179	Fair $101,856
French Canadians	37.0 /100 \| #180	Fair $101,634
Spaniards	36.8 /100 \| #181	Fair $101,617
Tsimshian	35.9 /100 \| #182	Fair $101,543
Kenyans	34.5 /100 \| #183	Fair $101,417
Immigrants \| Costa Rica	33.7 /100 \| #184	Fair $101,354
Dutch	31.9 /100 \| #185	Fair $101,192