Paraguayan vs Immigrants from Nicaragua Median Household Income

The statistical analysis conducted on geographies consisting of 95,096,064 people shows no correlation between the proportion of Paraguayans and median household income in the United States with a correlation coefficient (R) of 0.036 and weighted average of $95,737. Similarly, the statistical analysis conducted on geographies consisting of 236,313,434 people shows a moderate negative correlation between the proportion of Immigrants from Nicaragua and median household income in the United States with a correlation coefficient (R) of -0.429 and weighted average of $76,784, a difference of 24.7%.

Median Household Income Correlation Summary

Measurement	Paraguayan	Immigrants from Nicaragua
Minimum	$43,906	$29,878
Maximum	$220,060	$124,491
Range	$176,154	$94,613
Mean	$104,819	$68,743
Median	$98,291	$72,189
Interquartile 25% (IQ1)	$77,788	$54,917
Interquartile 75% (IQ3)	$122,293	$81,583
Interquartile Range (IQR)	$44,505	$26,666
Standard Deviation (Sample)	$41,190	$17,913
Standard Deviation (Population)	$40,877	$17,803

Similar Demographics by Median Household Income

Demographics Similar to Paraguayans by Median Household Income

In terms of median household income, the demographic groups most similar to Paraguayans are Immigrants from South Africa ($95,800, a difference of 0.070%), Egyptian ($95,673, a difference of 0.070%), Estonian ($95,930, a difference of 0.20%), Immigrants from Czechoslovakia ($95,319, a difference of 0.44%), and Immigrants from Austria ($95,277, a difference of 0.48%).

Demographics	Rating \| Rank	Median Household Income
Australians	99.9 /100 \| #46	Exceptional $96,490
Immigrants \| Russia	99.9 /100 \| #47	Exceptional $96,378
Cambodians	99.9 /100 \| #48	Exceptional $96,324
Immigrants \| Malaysia	99.9 /100 \| #49	Exceptional $96,292
Bulgarians	99.9 /100 \| #50	Exceptional $96,290
Estonians	99.9 /100 \| #51	Exceptional $95,930
Immigrants \| South Africa	99.9 /100 \| #52	Exceptional $95,800
Paraguayans	99.9 /100 \| #53	Exceptional $95,737
Egyptians	99.9 /100 \| #54	Exceptional $95,673
Immigrants \| Czechoslovakia	99.9 /100 \| #55	Exceptional $95,319
Immigrants \| Austria	99.9 /100 \| #56	Exceptional $95,277
New Zealanders	99.8 /100 \| #57	Exceptional $95,146
Soviet Union	99.8 /100 \| #58	Exceptional $95,098
Immigrants \| Europe	99.8 /100 \| #59	Exceptional $95,032
Koreans	99.8 /100 \| #60	Exceptional $95,018

Demographics Similar to Immigrants from Nicaragua by Median Household Income

In terms of median household income, the demographic groups most similar to Immigrants from Nicaragua are Spanish American Indian ($76,670, a difference of 0.15%), Immigrants from Senegal ($76,915, a difference of 0.17%), Jamaican ($76,583, a difference of 0.26%), Belizean ($77,028, a difference of 0.32%), and Immigrants from Grenada ($76,517, a difference of 0.35%).

Demographics	Rating \| Rank	Median Household Income
Mexican American Indians	1.2 /100 \| #251	Tragic $78,166
Immigrants \| West Indies	1.0 /100 \| #252	Tragic $77,956
Immigrants \| St. Vincent and the Grenadines	0.9 /100 \| #253	Tragic $77,690
Sub-Saharan Africans	0.8 /100 \| #254	Tragic $77,631
Immigrants \| Middle Africa	0.8 /100 \| #255	Tragic $77,559
Belizeans	0.6 /100 \| #256	Tragic $77,028
Immigrants \| Senegal	0.5 /100 \| #257	Tragic $76,915
Immigrants \| Nicaragua	0.5 /100 \| #258	Tragic $76,784
Spanish American Indians	0.4 /100 \| #259	Tragic $76,670
Jamaicans	0.4 /100 \| #260	Tragic $76,583
Immigrants \| Grenada	0.4 /100 \| #261	Tragic $76,517
French American Indians	0.4 /100 \| #262	Tragic $76,387
Alaskan Athabascans	0.4 /100 \| #263	Tragic $76,383
Guatemalans	0.3 /100 \| #264	Tragic $75,961
Immigrants \| Belize	0.3 /100 \| #265	Tragic $75,938