Immigrants from South America vs Hispanic or Latino Median Household Income

The statistical analysis conducted on geographies consisting of 485,852,946 people shows a slight negative correlation between the proportion of Immigrants from South America and median household income in the United States with a correlation coefficient (R) of -0.063 and weighted average of $85,611. Similarly, the statistical analysis conducted on geographies consisting of 577,204,907 people shows a very strong negative correlation between the proportion of Hispanics or Latinos and median household income in the United States with a correlation coefficient (R) of -0.831 and weighted average of $73,823, a difference of 16.0%.

In terms of median household income, the demographic groups most similar to Immigrants from South America are Slovene ($85,562, a difference of 0.060%), Swiss ($85,681, a difference of 0.080%), Colombian ($85,716, a difference of 0.12%), Icelander ($85,797, a difference of 0.22%), and Immigrants ($85,818, a difference of 0.24%).

In terms of median household income, the demographic groups most similar to Hispanics or Latinos are Comanche ($73,747, a difference of 0.10%), Bangladeshi ($74,112, a difference of 0.39%), Immigrants from Cabo Verde ($73,515, a difference of 0.42%), Blackfeet ($73,509, a difference of 0.43%), and Fijian ($74,205, a difference of 0.52%).