Italian vs American Median Household Income

The statistical analysis conducted on geographies consisting of 573,867,135 people shows a poor negative correlation between the proportion of Italians and median household income in the United States with a correlation coefficient (R) of -0.104 and weighted average of $92,475. Similarly, the statistical analysis conducted on geographies consisting of 580,584,472 people shows a significant negative correlation between the proportion of Americans and median household income in the United States with a correlation coefficient (R) of -0.603 and weighted average of $75,932, a difference of 21.8%.

In terms of median household income, the demographic groups most similar to Italians are Immigrants from Argentina ($92,417, a difference of 0.060%), Immigrants from Croatia ($92,225, a difference of 0.27%), Immigrants from Spain ($92,732, a difference of 0.28%), Immigrants from England ($92,098, a difference of 0.41%), and Immigrants from Hungary ($92,094, a difference of 0.41%).

In terms of median household income, the demographic groups most similar to Americans are Immigrants from Belize ($75,938, a difference of 0.010%), Guatemalan ($75,961, a difference of 0.040%), German Russian ($75,856, a difference of 0.10%), Immigrants from Jamaica ($75,851, a difference of 0.11%), and Cape Verdean ($75,848, a difference of 0.11%).