Korean vs Welsh Median Family Income
COMPARE
Korean
Welsh
Median Family Income
Median Family Income Comparison
Koreans
Welsh
$110,103
MEDIAN FAMILY INCOME
97.8/ 100
METRIC RATING
94th/ 347
METRIC RANK
$102,151
MEDIAN FAMILY INCOME
43.3/ 100
METRIC RATING
178th/ 347
METRIC RANK
Korean vs Welsh 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 527,824,493 people shows a weak negative correlation between the proportion of Welsh and median family income in the United States with a correlation coefficient (R) of -0.201 and weighted average of $102,151, a difference of 7.8%.
Median Family Income Correlation Summary
| Measurement | Korean | Welsh |
| Minimum | $53,031 | $28,750 |
| Maximum | $146,906 | $145,055 |
| Range | $93,875 | $116,305 |
| Mean | $107,726 | $88,686 |
| Median | $109,878 | $89,832 |
| Interquartile 25% (IQ1) | $98,078 | $80,992 |
| Interquartile 75% (IQ3) | $119,779 | $101,775 |
| Interquartile Range (IQR) | $21,701 | $20,783 |
| Standard Deviation (Sample) | $17,855 | $21,326 |
| Standard Deviation (Population) | $17,774 | $21,138 |
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 Welsh by Median Family Income
In terms of median family income, the demographic groups most similar to Welsh are German ($102,254, a difference of 0.10%), French ($102,368, a difference of 0.21%), Immigrants from Eastern Africa ($102,451, a difference of 0.29%), South American ($101,856, a difference of 0.29%), and Finnish ($102,676, a difference of 0.51%).
| Demographics | Rating | Rank | Median Family Income |
| Alsatians | 54.3 /100 | #171 | Average $103,010 |
| 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 |