Latvian vs Welsh Median Household Income
COMPARE
Latvian
Welsh
Median Household Income
Median Household Income Comparison
Latvians
Welsh
$97,311
MEDIAN HOUSEHOLD INCOME
100.0/ 100
METRIC RATING
37th/ 347
METRIC RANK
$83,628
MEDIAN HOUSEHOLD INCOME
28.0/ 100
METRIC RATING
192nd/ 347
METRIC RANK
Latvian vs Welsh 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 527,928,431 people shows a poor positive correlation between the proportion of Welsh and median household income in the United States with a correlation coefficient (R) of 0.107 and weighted average of $83,628, a difference of 16.4%.
Median Household Income Correlation Summary
| Measurement | Latvian | Welsh |
| Minimum | $36,528 | $27,188 |
| Maximum | $187,593 | $106,528 |
| Range | $151,065 | $79,340 |
| Mean | $95,169 | $74,552 |
| Median | $96,299 | $75,263 |
| Interquartile 25% (IQ1) | $60,583 | $66,384 |
| Interquartile 75% (IQ3) | $122,068 | $84,494 |
| Interquartile Range (IQR) | $61,485 | $18,110 |
| Standard Deviation (Sample) | $38,310 | $14,468 |
| Standard Deviation (Population) | $38,014 | $14,345 |
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 Welsh by Median Household Income
In terms of median household income, the demographic groups most similar to Welsh are Finnish ($83,607, a difference of 0.030%), Ghanaian ($83,582, a difference of 0.060%), Immigrants from Armenia ($83,555, a difference of 0.090%), Iraqi ($83,753, a difference of 0.15%), and French ($83,468, a difference of 0.19%).
| Demographics | Rating | Rank | Median Household Income |
| Kenyans | 34.2 /100 | #185 | Fair $84,085 |
| Puget Sound Salish | 33.2 /100 | #186 | Fair $84,011 |
| Belgians | 33.2 /100 | #187 | Fair $84,008 |
| Tlingit-Haida | 32.6 /100 | #188 | Fair $83,968 |
| Immigrants | Colombia | 31.7 /100 | #189 | Fair $83,902 |
| Slovaks | 30.2 /100 | #190 | Fair $83,798 |
| Iraqis | 29.6 /100 | #191 | Fair $83,753 |
| Welsh | 28.0 /100 | #192 | Fair $83,628 |
| Finns | 27.7 /100 | #193 | Fair $83,607 |
| Ghanaians | 27.4 /100 | #194 | Fair $83,582 |
| Immigrants | Armenia | 27.0 /100 | #195 | Fair $83,555 |
| French | 26.0 /100 | #196 | Fair $83,468 |
| Aleuts | 25.7 /100 | #197 | Fair $83,446 |
| Japanese | 25.1 /100 | #198 | Fair $83,395 |
| Germans | 24.6 /100 | #199 | Fair $83,358 |