Korean vs South American Median Family Income
COMPARE
Korean
South American
Median Family Income
Median Family Income Comparison
Koreans
South Americans
$110,103
MEDIAN FAMILY INCOME
97.8/ 100
METRIC RATING
94th/ 347
METRIC RANK
$101,856
MEDIAN FAMILY INCOME
39.7/ 100
METRIC RATING
179th/ 347
METRIC RANK
Korean vs South American Median Family Income Correlation Chart
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 493,360,337 people shows a mild negative correlation between the proportion of South Americans and median family income in the United States with a correlation coefficient (R) of -0.340 and weighted average of $101,856, a difference of 8.1%.
Median Family Income Correlation Summary
| Measurement | Korean | South American |
| Minimum | $53,031 | $53,167 |
| Maximum | $146,906 | $167,114 |
| Range | $93,875 | $113,947 |
| Mean | $107,726 | $93,843 |
| Median | $109,878 | $91,692 |
| Interquartile 25% (IQ1) | $98,078 | $79,466 |
| Interquartile 75% (IQ3) | $119,779 | $105,899 |
| Interquartile Range (IQR) | $21,701 | $26,433 |
| Standard Deviation (Sample) | $17,855 | $21,858 |
| Standard Deviation (Population) | $17,774 | $21,760 |
Similar Demographics by Median Family Income
Demographics Similar to Koreans by Median Family Income
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%).
| Demographics | Rating | Rank | Median Family Income |
| Austrians | 98.8 /100 | #87 | Exceptional $111,306 |
| Romanians | 98.8 /100 | #88 | Exceptional $111,243 |
| Immigrants | Argentina | 98.5 /100 | #89 | Exceptional $110,873 |
| Northern Europeans | 98.3 /100 | #90 | Exceptional $110,635 |
| Immigrants | Southern Europe | 98.3 /100 | #91 | Exceptional $110,614 |
| Immigrants | Lebanon | 97.9 /100 | #92 | Exceptional $110,159 |
| Immigrants | Kazakhstan | 97.8 /100 | #93 | Exceptional $110,137 |
| Koreans | 97.8 /100 | #94 | Exceptional $110,103 |
| Zimbabweans | 97.7 /100 | #95 | Exceptional $110,011 |
| Immigrants | Moldova | 97.7 /100 | #96 | Exceptional $109,975 |
| Jordanians | 97.5 /100 | #97 | Exceptional $109,865 |
| Immigrants | Kuwait | 97.4 /100 | #98 | Exceptional $109,731 |
| Armenians | 97.3 /100 | #99 | Exceptional $109,692 |
| Macedonians | 97.3 /100 | #100 | Exceptional $109,668 |
| Immigrants | Ukraine | 97.2 /100 | #101 | Exceptional $109,645 |
Demographics Similar to South Americans by Median Family Income
In terms of median family income, the demographic groups most similar to South Americans are French Canadian ($101,634, a difference of 0.22%), Spaniard ($101,617, a difference of 0.23%), Welsh ($102,151, a difference of 0.29%), Tsimshian ($101,543, a difference of 0.31%), and German ($102,254, a difference of 0.39%).
| Demographics | Rating | Rank | Median Family Income |
| Immigrants | Eritrea | 51.9 /100 | #172 | Average $102,823 |
| Belgians | 51.4 /100 | #173 | Average $102,788 |
| Finns | 50.0 /100 | #174 | Average $102,676 |
| Immigrants | Eastern Africa | 47.1 /100 | #175 | Average $102,451 |
| French | 46.1 /100 | #176 | Average $102,368 |
| Germans | 44.6 /100 | #177 | Average $102,254 |
| Welsh | 43.3 /100 | #178 | Average $102,151 |
| South Americans | 39.7 /100 | #179 | Fair $101,856 |
| French Canadians | 37.0 /100 | #180 | Fair $101,634 |
| Spaniards | 36.8 /100 | #181 | Fair $101,617 |
| Tsimshian | 35.9 /100 | #182 | Fair $101,543 |
| Kenyans | 34.5 /100 | #183 | Fair $101,417 |
| Immigrants | Costa Rica | 33.7 /100 | #184 | Fair $101,354 |
| Dutch | 31.9 /100 | #185 | Fair $101,192 |
| Celtics | 31.3 /100 | #186 | Fair $101,139 |