Latvian vs Italian Median Family Income
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Latvian
Italian
Median Family Income
Median Family Income Comparison
Latvians
Italians
$120,301
MEDIAN FAMILY INCOME
100.0/ 100
METRIC RATING
29th/ 347
METRIC RANK
$112,372
MEDIAN FAMILY INCOME
99.3/ 100
METRIC RATING
79th/ 347
METRIC RANK
Latvian vs Italian Median Family Income Correlation Chart
The statistical analysis conducted on geographies consisting of 220,626,536 people shows a moderate negative correlation between the proportion of Latvians and median family income in the United States with a correlation coefficient (R) of -0.402 and weighted average of $120,301. Similarly, the statistical analysis conducted on geographies consisting of 573,577,763 people shows no correlation between the proportion of Italians and median family income in the United States with a correlation coefficient (R) of 0.034 and weighted average of $112,372, a difference of 7.1%.
Median Family Income Correlation Summary
| Measurement | Latvian | Italian |
| Minimum | $41,641 | $29,018 |
| Maximum | $207,328 | $187,652 |
| Range | $165,687 | $158,634 |
| Mean | $114,631 | $120,937 |
| Median | $116,635 | $124,369 |
| Interquartile 25% (IQ1) | $80,254 | $108,740 |
| Interquartile 75% (IQ3) | $139,118 | $141,554 |
| Interquartile Range (IQR) | $58,864 | $32,814 |
| Standard Deviation (Sample) | $40,043 | $29,913 |
| Standard Deviation (Population) | $39,714 | $29,777 |
Similar Demographics by Median Family Income
Demographics Similar to Latvians by Median Family Income
In terms of median family income, the demographic groups most similar to Latvians are Immigrants from Sri Lanka ($120,263, a difference of 0.030%), Immigrants from Denmark ($120,445, a difference of 0.12%), Russian ($120,487, a difference of 0.15%), Immigrants from France ($120,076, a difference of 0.19%), and Asian ($119,955, a difference of 0.29%).
| Demographics | Rating | Rank | Median Family Income |
| Immigrants | Sweden | 100.0 /100 | #22 | Exceptional $122,765 |
| Immigrants | Japan | 100.0 /100 | #23 | Exceptional $122,764 |
| Immigrants | Northern Europe | 100.0 /100 | #24 | Exceptional $121,840 |
| Turks | 100.0 /100 | #25 | Exceptional $121,202 |
| Immigrants | Switzerland | 100.0 /100 | #26 | Exceptional $120,726 |
| Russians | 100.0 /100 | #27 | Exceptional $120,487 |
| Immigrants | Denmark | 100.0 /100 | #28 | Exceptional $120,445 |
| Latvians | 100.0 /100 | #29 | Exceptional $120,301 |
| Immigrants | Sri Lanka | 100.0 /100 | #30 | Exceptional $120,263 |
| Immigrants | France | 100.0 /100 | #31 | Exceptional $120,076 |
| Asians | 100.0 /100 | #32 | Exceptional $119,955 |
| Bhutanese | 100.0 /100 | #33 | Exceptional $119,800 |
| Bolivians | 100.0 /100 | #34 | Exceptional $119,479 |
| Soviet Union | 100.0 /100 | #35 | Exceptional $119,262 |
| Israelis | 100.0 /100 | #36 | Exceptional $118,577 |
Demographics Similar to Italians by Median Family Income
In terms of median family income, the demographic groups most similar to Italians are Immigrants from Canada ($112,374, a difference of 0.0%), Immigrants from Croatia ($112,323, a difference of 0.040%), Immigrants from Eastern Europe ($112,527, a difference of 0.14%), Immigrants from North America ($112,151, a difference of 0.20%), and Argentinean ($112,665, a difference of 0.26%).
| Demographics | Rating | Rank | Median Family Income |
| Afghans | 99.5 /100 | #72 | Exceptional $112,971 |
| Laotians | 99.5 /100 | #73 | Exceptional $112,859 |
| Immigrants | Italy | 99.4 /100 | #74 | Exceptional $112,848 |
| Immigrants | Western Europe | 99.4 /100 | #75 | Exceptional $112,688 |
| Argentineans | 99.4 /100 | #76 | Exceptional $112,665 |
| Immigrants | Eastern Europe | 99.4 /100 | #77 | Exceptional $112,527 |
| Immigrants | Canada | 99.3 /100 | #78 | Exceptional $112,374 |
| Italians | 99.3 /100 | #79 | Exceptional $112,372 |
| Immigrants | Croatia | 99.3 /100 | #80 | Exceptional $112,323 |
| Immigrants | North America | 99.2 /100 | #81 | Exceptional $112,151 |
| Immigrants | England | 99.2 /100 | #82 | Exceptional $112,038 |
| Immigrants | Egypt | 99.0 /100 | #83 | Exceptional $111,689 |
| Immigrants | Hungary | 98.8 /100 | #84 | Exceptional $111,378 |
| Croatians | 98.8 /100 | #85 | Exceptional $111,370 |
| Ukrainians | 98.8 /100 | #86 | Exceptional $111,368 |