Paraguayan vs Hispanic or Latino Per Capita Income

The statistical analysis conducted on geographies consisting of 95,089,637 people shows a poor positive correlation between the proportion of Paraguayans and per capita income in the United States with a correlation coefficient (R) of 0.126 and weighted average of $50,385. Similarly, the statistical analysis conducted on geographies consisting of 578,671,475 people shows a near-perfect negative correlation between the proportion of Hispanics or Latinos and per capita income in the United States with a correlation coefficient (R) of -0.936 and weighted average of $35,688, a difference of 41.2%.

In terms of per capita income, the demographic groups most similar to Paraguayans are Immigrants from Croatia ($50,417, a difference of 0.060%), Immigrants from Netherlands ($50,458, a difference of 0.14%), Immigrants from Belarus ($50,303, a difference of 0.16%), Immigrants from Sri Lanka ($50,555, a difference of 0.34%), and New Zealander ($50,575, a difference of 0.38%).

In terms of per capita income, the demographic groups most similar to Hispanics or Latinos are Immigrants from Congo ($35,720, a difference of 0.090%), Black/African American ($35,564, a difference of 0.35%), Creek ($35,546, a difference of 0.40%), Bangladeshi ($35,897, a difference of 0.59%), and Dutch West Indian ($35,922, a difference of 0.66%).