Korean vs Guatemalan Median Household Income

The statistical analysis conducted on geographies consisting of 510,219,050 people shows a weak negative correlation between the proportion of Koreans and median household income in the United States with a correlation coefficient (R) of -0.275 and weighted average of $95,018. Similarly, the statistical analysis conducted on geographies consisting of 409,198,651 people shows a mild negative correlation between the proportion of Guatemalans and median household income in the United States with a correlation coefficient (R) of -0.377 and weighted average of $75,961, a difference of 25.1%.

In terms of median household income, the demographic groups most similar to Koreans are Immigrants from Europe ($95,032, a difference of 0.020%), Laotian ($94,990, a difference of 0.030%), Soviet Union ($95,098, a difference of 0.080%), New Zealander ($95,146, a difference of 0.13%), and Immigrants from Norway ($94,846, a difference of 0.18%).

In terms of median household income, the demographic groups most similar to Guatemalans are Immigrants from Belize ($75,938, a difference of 0.030%), American ($75,932, a difference of 0.040%), German Russian ($75,856, a difference of 0.14%), Immigrants from Jamaica ($75,851, a difference of 0.15%), and Cape Verdean ($75,848, a difference of 0.15%).