Korean vs Spanish 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 421,758,667 people shows a mild negative correlation between the proportion of Spanish and median family income in the United States with a correlation coefficient (R) of -0.356 and weighted average of $99,977, a difference of 10.1%.

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 Spanish are Yugoslavian ($100,119, a difference of 0.14%), Immigrants from Thailand ($99,840, a difference of 0.14%), White/Caucasian ($99,800, a difference of 0.18%), Immigrants from Africa ($100,256, a difference of 0.28%), and Immigrants from Cameroon ($100,289, a difference of 0.31%).