Northern European vs Nicaraguan Median Family Income

The statistical analysis conducted on geographies consisting of 405,831,688 people shows a slight negative correlation between the proportion of Northern Europeans and median family income in the United States with a correlation coefficient (R) of -0.088 and weighted average of $110,635. Similarly, the statistical analysis conducted on geographies consisting of 285,560,176 people shows a substantial negative correlation between the proportion of Nicaraguans and median family income in the United States with a correlation coefficient (R) of -0.504 and weighted average of $92,231, a difference of 20.0%.

In terms of median family income, the demographic groups most similar to Northern Europeans are Immigrants from Southern Europe ($110,614, a difference of 0.020%), Immigrants from Argentina ($110,873, a difference of 0.21%), Immigrants from Lebanon ($110,159, a difference of 0.43%), Immigrants from Kazakhstan ($110,137, a difference of 0.45%), and Korean ($110,103, a difference of 0.48%).

In terms of median family income, the demographic groups most similar to Nicaraguans are Immigrants from Laos ($92,239, a difference of 0.010%), American ($92,096, a difference of 0.15%), Immigrants from Barbados ($92,419, a difference of 0.20%), Immigrants from Guyana ($92,513, a difference of 0.31%), and Osage ($91,926, a difference of 0.33%).