Mexican vs Nicaraguan 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 285,567,751 people shows a moderate negative correlation between the proportion of Nicaraguans and median household income in the United States with a correlation coefficient (R) of -0.455 and weighted average of $79,737, a difference of 7.2%.

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 Nicaraguans are Barbadian ($79,664, a difference of 0.090%), Immigrants from Bosnia and Herzegovina ($79,888, a difference of 0.19%), Alaska Native ($79,509, a difference of 0.29%), Immigrants from Western Africa ($79,490, a difference of 0.31%), and Nonimmigrants ($79,429, a difference of 0.39%).