Italian vs Laotian Median Family Income

The statistical analysis conducted on geographies consisting of 573,577,763 people shows no correlation between the proportion of Italians and median family income in the United States with a correlation coefficient (R) of 0.034 and weighted average of $112,372. Similarly, the statistical analysis conducted on geographies consisting of 224,714,380 people shows a moderate positive correlation between the proportion of Laotians and median family income in the United States with a correlation coefficient (R) of 0.431 and weighted average of $112,859, a difference of 0.43%.

In terms of median family income, the demographic groups most similar to Italians are Immigrants from Canada ($112,374, a difference of 0.0%), Immigrants from Croatia ($112,323, a difference of 0.040%), Immigrants from Eastern Europe ($112,527, a difference of 0.14%), Immigrants from North America ($112,151, a difference of 0.20%), and Argentinean ($112,665, a difference of 0.26%). Similarly, the demographic groups most similar to Laotians are Immigrants from Italy ($112,848, a difference of 0.010%), Afghan ($112,971, a difference of 0.10%), Immigrants from Western Europe ($112,688, a difference of 0.15%), Argentinean ($112,665, a difference of 0.17%), and Immigrants from Eastern Europe ($112,527, a difference of 0.30%).