Mexican vs Laotian Median Household Income

The statistical analysis conducted on geographies consisting of 564,134,448 people shows a very strong negative correlation between the proportion of Mexicans and median household income in the United States with a correlation coefficient (R) of -0.881 and weighted average of $74,399. Similarly, the statistical analysis conducted on geographies consisting of 224,713,642 people shows a weak negative correlation between the proportion of Laotians and median household income in the United States with a correlation coefficient (R) of -0.277 and weighted average of $94,990, a difference of 27.7%.

In terms of median household income, the demographic groups most similar to Mexicans are Immigrants from Somalia ($74,300, a difference of 0.13%), Iroquois ($74,279, a difference of 0.16%), Immigrants from Central America ($74,217, a difference of 0.24%), Yaqui ($74,596, a difference of 0.26%), and Fijian ($74,205, a difference of 0.26%).

In terms of median household income, the demographic groups most similar to Laotians are Korean ($95,018, a difference of 0.030%), Immigrants from Europe ($95,032, a difference of 0.040%), Soviet Union ($95,098, a difference of 0.11%), Immigrants from Norway ($94,846, a difference of 0.15%), and New Zealander ($95,146, a difference of 0.16%).