Immigrants from South America vs Nicaraguan Per Capita Income

The statistical analysis conducted on geographies consisting of 486,454,612 people shows a slight positive correlation between the proportion of Immigrants from South America and per capita income in the United States with a correlation coefficient (R) of 0.078 and weighted average of $44,068. Similarly, the statistical analysis conducted on geographies consisting of 285,722,062 people shows a moderate negative correlation between the proportion of Nicaraguans and per capita income in the United States with a correlation coefficient (R) of -0.484 and weighted average of $39,372, a difference of 11.9%.

Per Capita Income Correlation Summary

Measurement	Immigrants from South America	Nicaraguan
Minimum	$19,195	$17,623
Maximum	$84,313	$71,864
Range	$65,118	$54,241
Mean	$42,614	$33,908
Median	$41,568	$33,140
Interquartile 25% (IQ1)	$35,887	$27,013
Interquartile 75% (IQ3)	$46,069	$39,273
Interquartile Range (IQR)	$10,183	$12,260
Standard Deviation (Sample)	$11,625	$10,352
Standard Deviation (Population)	$11,572	$10,279

Similar Demographics by Per Capita Income

Demographics Similar to Immigrants from South America by Per Capita Income

In terms of per capita income, the demographic groups most similar to Immigrants from South America are Swiss ($44,076, a difference of 0.020%), Costa Rican ($44,090, a difference of 0.050%), Danish ($44,095, a difference of 0.060%), South American ($44,114, a difference of 0.10%), and Sri Lankan ($44,014, a difference of 0.12%).

Demographics	Rating \| Rank	Per Capita Income
Slovaks	65.4 /100 \| #156	Good $44,229
South American Indians	64.8 /100 \| #157	Good $44,206
Immigrants \| Nepal	64.3 /100 \| #158	Good $44,187
South Americans	62.4 /100 \| #159	Good $44,114
Danes	61.9 /100 \| #160	Good $44,095
Costa Ricans	61.8 /100 \| #161	Good $44,090
Swiss	61.4 /100 \| #162	Good $44,076
Immigrants \| South America	61.2 /100 \| #163	Good $44,068
Sri Lankans	59.8 /100 \| #164	Average $44,014
Immigrants \| Philippines	59.4 /100 \| #165	Average $44,000
Immigrants \| Uruguay	59.3 /100 \| #166	Average $43,997
English	58.9 /100 \| #167	Average $43,982
Belgians	58.1 /100 \| #168	Average $43,951
Immigrants \| Peru	55.3 /100 \| #169	Average $43,852
Scandinavians	55.2 /100 \| #170	Average $43,848

Demographics Similar to Nicaraguans by Per Capita Income

In terms of per capita income, the demographic groups most similar to Nicaraguans are Hawaiian ($39,403, a difference of 0.080%), Jamaican ($39,231, a difference of 0.36%), Immigrants from Middle Africa ($39,529, a difference of 0.40%), Malaysian ($39,194, a difference of 0.46%), and Alaska Native ($39,558, a difference of 0.47%).

Demographics	Rating \| Rank	Per Capita Income
Immigrants \| Burma/Myanmar	1.3 /100 \| #250	Tragic $39,827
Samoans	1.3 /100 \| #251	Tragic $39,826
Immigrants \| Azores	1.0 /100 \| #252	Tragic $39,608
Osage	1.0 /100 \| #253	Tragic $39,568
Alaska Natives	1.0 /100 \| #254	Tragic $39,558
Immigrants \| Middle Africa	1.0 /100 \| #255	Tragic $39,529
Hawaiians	0.8 /100 \| #256	Tragic $39,403
Nicaraguans	0.8 /100 \| #257	Tragic $39,372
Jamaicans	0.7 /100 \| #258	Tragic $39,231
Malaysians	0.7 /100 \| #259	Tragic $39,194
Alaskan Athabascans	0.6 /100 \| #260	Tragic $39,163
Marshallese	0.6 /100 \| #261	Tragic $39,108
Iroquois	0.6 /100 \| #262	Tragic $39,104
Belizeans	0.6 /100 \| #263	Tragic $39,097
Americans	0.6 /100 \| #264	Tragic $39,039