Latvian vs South American Median Household Income
COMPARE
Latvian
South American
Median Household Income
Median Household Income Comparison
Latvians
South Americans
$97,311
MEDIAN HOUSEHOLD INCOME
100.0/ 100
METRIC RATING
37th/ 347
METRIC RANK
$86,824
MEDIAN HOUSEHOLD INCOME
75.1/ 100
METRIC RATING
153rd/ 347
METRIC RANK
Latvian vs South American Median Household Income Correlation Chart
The statistical analysis conducted on geographies consisting of 220,635,560 people shows a mild negative correlation between the proportion of Latvians and median household income in the United States with a correlation coefficient (R) of -0.349 and weighted average of $97,311. Similarly, the statistical analysis conducted on geographies consisting of 493,431,068 people shows a poor negative correlation between the proportion of South Americans and median household income in the United States with a correlation coefficient (R) of -0.188 and weighted average of $86,824, a difference of 12.1%.
Median Household Income Correlation Summary
| Measurement | Latvian | South American |
| Minimum | $36,528 | $36,563 |
| Maximum | $187,593 | $145,121 |
| Range | $151,065 | $108,558 |
| Mean | $95,169 | $82,451 |
| Median | $96,299 | $80,811 |
| Interquartile 25% (IQ1) | $60,583 | $71,448 |
| Interquartile 75% (IQ3) | $122,068 | $92,775 |
| Interquartile Range (IQR) | $61,485 | $21,327 |
| Standard Deviation (Sample) | $38,310 | $17,445 |
| Standard Deviation (Population) | $38,014 | $17,367 |
Similar Demographics by Median Household Income
Demographics Similar to Latvians by Median Household Income
In terms of median household income, the demographic groups most similar to Latvians are Immigrants from Indonesia ($97,297, a difference of 0.010%), Immigrants from Pakistan ($97,528, a difference of 0.22%), Afghan ($97,026, a difference of 0.29%), Maltese ($97,015, a difference of 0.31%), and Immigrants from Turkey ($96,964, a difference of 0.36%).
| Demographics | Rating | Rank | Median Household Income |
| Immigrants | Northern Europe | 100.0 /100 | #30 | Exceptional $99,813 |
| Turks | 100.0 /100 | #31 | Exceptional $99,389 |
| Immigrants | Denmark | 100.0 /100 | #32 | Exceptional $98,510 |
| Chinese | 100.0 /100 | #33 | Exceptional $98,496 |
| Russians | 100.0 /100 | #34 | Exceptional $98,008 |
| Immigrants | Switzerland | 100.0 /100 | #35 | Exceptional $97,979 |
| Immigrants | Pakistan | 100.0 /100 | #36 | Exceptional $97,528 |
| Latvians | 100.0 /100 | #37 | Exceptional $97,311 |
| Immigrants | Indonesia | 100.0 /100 | #38 | Exceptional $97,297 |
| Afghans | 100.0 /100 | #39 | Exceptional $97,026 |
| Maltese | 100.0 /100 | #40 | Exceptional $97,015 |
| Immigrants | Turkey | 100.0 /100 | #41 | Exceptional $96,964 |
| Immigrants | Lithuania | 99.9 /100 | #42 | Exceptional $96,836 |
| Immigrants | France | 99.9 /100 | #43 | Exceptional $96,743 |
| Immigrants | Greece | 99.9 /100 | #44 | Exceptional $96,675 |
Demographics Similar to South Americans by Median Household Income
In terms of median household income, the demographic groups most similar to South Americans are Immigrants from Saudi Arabia ($86,875, a difference of 0.060%), Immigrants from Germany ($86,764, a difference of 0.070%), Hungarian ($86,920, a difference of 0.11%), Basque ($87,001, a difference of 0.20%), and Carpatho Rusyn ($86,635, a difference of 0.22%).
| Demographics | Rating | Rank | Median Household Income |
| Immigrants | Uganda | 82.8 /100 | #146 | Excellent $87,553 |
| South American Indians | 81.8 /100 | #147 | Excellent $87,446 |
| Costa Ricans | 80.0 /100 | #148 | Excellent $87,262 |
| Immigrants | Nepal | 77.7 /100 | #149 | Good $87,046 |
| Basques | 77.2 /100 | #150 | Good $87,001 |
| Hungarians | 76.3 /100 | #151 | Good $86,920 |
| Immigrants | Saudi Arabia | 75.8 /100 | #152 | Good $86,875 |
| South Americans | 75.1 /100 | #153 | Good $86,824 |
| Immigrants | Germany | 74.4 /100 | #154 | Good $86,764 |
| Carpatho Rusyns | 72.8 /100 | #155 | Good $86,635 |
| Immigrants | Albania | 71.5 /100 | #156 | Good $86,534 |
| Samoans | 71.0 /100 | #157 | Good $86,498 |
| Moroccans | 70.6 /100 | #158 | Good $86,468 |
| Immigrants | Uzbekistan | 70.1 /100 | #159 | Good $86,425 |
| Luxembourgers | 70.0 /100 | #160 | Good $86,418 |