Korean vs Colombian Median Family Income

The statistical analysis conducted on geographies consisting of 510,104,547 people shows a mild negative correlation between the proportion of Koreans and median family income in the United States with a correlation coefficient (R) of -0.308 and weighted average of $110,103. Similarly, the statistical analysis conducted on geographies consisting of 419,162,834 people shows a substantial negative correlation between the proportion of Colombians and median family income in the United States with a correlation coefficient (R) of -0.533 and weighted average of $100,750, a difference of 9.3%.

In terms of median family income, the demographic groups most similar to Koreans are Immigrants from Kazakhstan ($110,137, a difference of 0.030%), Immigrants from Lebanon ($110,159, a difference of 0.050%), Zimbabwean ($110,011, a difference of 0.080%), Immigrants from Moldova ($109,975, a difference of 0.12%), and Jordanian ($109,865, a difference of 0.22%).

In terms of median family income, the demographic groups most similar to Colombians are Immigrants from Kenya ($100,679, a difference of 0.070%), Iraqi ($100,658, a difference of 0.090%), Uruguayan ($100,656, a difference of 0.090%), Immigrants ($100,962, a difference of 0.21%), and Immigrants from Portugal ($100,984, a difference of 0.23%).