Korean vs Immigrants from Latvia Median Household Income
COMPARE
Korean
Immigrants from Latvia
Median Household Income
Median Household Income Comparison
Koreans
Immigrants from Latvia
$95,018
MEDIAN HOUSEHOLD INCOME
99.8/ 100
METRIC RATING
60th/ 347
METRIC RANK
$93,602
MEDIAN HOUSEHOLD INCOME
99.6/ 100
METRIC RATING
74th/ 347
METRIC RANK
Korean vs Immigrants from Latvia Median Household Income Correlation Chart
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 113,726,313 people shows a mild negative correlation between the proportion of Immigrants from Latvia and median household income in the United States with a correlation coefficient (R) of -0.307 and weighted average of $93,602, a difference of 1.5%.
Median Household Income Correlation Summary
| Measurement | Korean | Immigrants from Latvia |
| Minimum | $52,792 | $44,737 |
| Maximum | $125,300 | $187,593 |
| Range | $72,508 | $142,856 |
| Mean | $95,651 | $90,790 |
| Median | $97,407 | $93,558 |
| Interquartile 25% (IQ1) | $87,266 | $64,215 |
| Interquartile 75% (IQ3) | $109,366 | $108,638 |
| Interquartile Range (IQR) | $22,100 | $44,423 |
| Standard Deviation (Sample) | $17,558 | $33,495 |
| Standard Deviation (Population) | $17,478 | $32,912 |
Demographics Similar to Koreans and Immigrants from Latvia by Median Household Income
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%). Similarly, the demographic groups most similar to Immigrants from Latvia are Immigrants from Egypt ($93,700, a difference of 0.10%), Immigrants from Italy ($93,465, a difference of 0.15%), South African ($93,379, a difference of 0.24%), Immigrants from Afghanistan ($93,375, a difference of 0.24%), and Lithuanian ($93,852, a difference of 0.27%).
| Demographics | Rating | Rank | Median Household Income |
| New Zealanders | 99.8 /100 | #57 | Exceptional $95,146 |
| Soviet Union | 99.8 /100 | #58 | Exceptional $95,098 |
| Immigrants | Europe | 99.8 /100 | #59 | Exceptional $95,032 |
| Koreans | 99.8 /100 | #60 | Exceptional $95,018 |
| Laotians | 99.8 /100 | #61 | Exceptional $94,990 |
| Immigrants | Norway | 99.8 /100 | #62 | Exceptional $94,846 |
| Greeks | 99.8 /100 | #63 | Exceptional $94,735 |
| Immigrants | Netherlands | 99.7 /100 | #64 | Exceptional $94,411 |
| Immigrants | Belarus | 99.7 /100 | #65 | Exceptional $94,399 |
| Immigrants | Romania | 99.7 /100 | #66 | Exceptional $94,222 |
| Immigrants | Scotland | 99.7 /100 | #67 | Exceptional $94,091 |
| Mongolians | 99.7 /100 | #68 | Exceptional $93,971 |
| Argentineans | 99.7 /100 | #69 | Exceptional $93,960 |
| Immigrants | Fiji | 99.7 /100 | #70 | Exceptional $93,933 |
| Immigrants | Philippines | 99.6 /100 | #71 | Exceptional $93,899 |
| Lithuanians | 99.6 /100 | #72 | Exceptional $93,852 |
| Immigrants | Egypt | 99.6 /100 | #73 | Exceptional $93,700 |
| Immigrants | Latvia | 99.6 /100 | #74 | Exceptional $93,602 |
| Immigrants | Italy | 99.5 /100 | #75 | Exceptional $93,465 |
| South Africans | 99.5 /100 | #76 | Exceptional $93,379 |
| Immigrants | Afghanistan | 99.5 /100 | #77 | Exceptional $93,375 |