Immigrants from Latvia vs Serbian Median Family Income

The statistical analysis conducted on geographies consisting of 113,722,830 people shows a moderate negative correlation between the proportion of Immigrants from Latvia and median family income in the United States with a correlation coefficient (R) of -0.423 and weighted average of $114,826. 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 7.2%.

In terms of median family income, the demographic groups most similar to Immigrants from Latvia are Immigrants from Netherlands ($114,987, a difference of 0.14%), Immigrants from Belarus ($114,586, a difference of 0.21%), Mongolian ($114,553, a difference of 0.24%), Immigrants from Indonesia ($115,162, a difference of 0.29%), and Greek ($115,192, a difference of 0.32%).

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%).