Italian vs Nicaraguan 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 285,560,176 people shows a substantial negative correlation between the proportion of Nicaraguans and median family income in the United States with a correlation coefficient (R) of -0.504 and weighted average of $92,231, a difference of 21.8%.

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%).

In terms of median family income, the demographic groups most similar to Nicaraguans are Immigrants from Laos ($92,239, a difference of 0.010%), American ($92,096, a difference of 0.15%), Immigrants from Barbados ($92,419, a difference of 0.20%), Immigrants from Guyana ($92,513, a difference of 0.31%), and Osage ($91,926, a difference of 0.33%).