Nepalese vs Nicaraguan Median Household Income

The statistical analysis conducted on geographies consisting of 24,521,755 people shows a moderate negative correlation between the proportion of Nepalese and median household income in the United States with a correlation coefficient (R) of -0.485 and weighted average of $82,410. 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 3.4%.

In terms of median household income, the demographic groups most similar to Nepalese are Venezuelan ($82,432, a difference of 0.030%), Salvadoran ($82,449, a difference of 0.050%), Panamanian ($82,272, a difference of 0.17%), Immigrants from Uruguay ($82,560, a difference of 0.18%), and Vietnamese ($82,248, a difference of 0.20%).

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%).