Mongolian vs South American Median Family Income

The statistical analysis conducted on geographies consisting of 140,257,208 people shows a poor negative correlation between the proportion of Mongolians and median family income in the United States with a correlation coefficient (R) of -0.115 and weighted average of $114,553. Similarly, the statistical analysis conducted on geographies consisting of 493,360,337 people shows a mild negative correlation between the proportion of South Americans and median family income in the United States with a correlation coefficient (R) of -0.340 and weighted average of $101,856, a difference of 12.5%.

In terms of median family income, the demographic groups most similar to Mongolians are Immigrants from Belarus ($114,586, a difference of 0.030%), Immigrants from Pakistan ($114,406, a difference of 0.13%), Immigrants from Scotland ($114,392, a difference of 0.14%), Immigrants from Latvia ($114,826, a difference of 0.24%), and Immigrants from Netherlands ($114,987, a difference of 0.38%).

In terms of median family income, the demographic groups most similar to South Americans are French Canadian ($101,634, a difference of 0.22%), Spaniard ($101,617, a difference of 0.23%), Welsh ($102,151, a difference of 0.29%), Tsimshian ($101,543, a difference of 0.31%), and German ($102,254, a difference of 0.39%).