Paraguayan vs South American Median Household Income
COMPARE
Paraguayan
South American
Median Household Income
Median Household Income Comparison
Paraguayans
South Americans
$95,737
MEDIAN HOUSEHOLD INCOME
99.9/ 100
METRIC RATING
53rd/ 347
METRIC RANK
$86,824
MEDIAN HOUSEHOLD INCOME
75.1/ 100
METRIC RATING
153rd/ 347
METRIC RANK
Paraguayan vs South American Median Household Income Correlation Chart
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 493,431,068 people shows a poor negative correlation between the proportion of South Americans and median household income in the United States with a correlation coefficient (R) of -0.188 and weighted average of $86,824, a difference of 10.3%.
Median Household Income Correlation Summary
| Measurement | Paraguayan | South American |
| Minimum | $43,906 | $36,563 |
| Maximum | $220,060 | $145,121 |
| Range | $176,154 | $108,558 |
| Mean | $104,819 | $82,451 |
| Median | $98,291 | $80,811 |
| Interquartile 25% (IQ1) | $77,788 | $71,448 |
| Interquartile 75% (IQ3) | $122,293 | $92,775 |
| Interquartile Range (IQR) | $44,505 | $21,327 |
| Standard Deviation (Sample) | $41,190 | $17,445 |
| Standard Deviation (Population) | $40,877 | $17,367 |
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 South Americans by Median Household Income
In terms of median household income, the demographic groups most similar to South Americans are Immigrants from Saudi Arabia ($86,875, a difference of 0.060%), Immigrants from Germany ($86,764, a difference of 0.070%), Hungarian ($86,920, a difference of 0.11%), Basque ($87,001, a difference of 0.20%), and Carpatho Rusyn ($86,635, a difference of 0.22%).
| Demographics | Rating | Rank | Median Household Income |
| Immigrants | Uganda | 82.8 /100 | #146 | Excellent $87,553 |
| South American Indians | 81.8 /100 | #147 | Excellent $87,446 |
| Costa Ricans | 80.0 /100 | #148 | Excellent $87,262 |
| Immigrants | Nepal | 77.7 /100 | #149 | Good $87,046 |
| Basques | 77.2 /100 | #150 | Good $87,001 |
| Hungarians | 76.3 /100 | #151 | Good $86,920 |
| Immigrants | Saudi Arabia | 75.8 /100 | #152 | Good $86,875 |
| South Americans | 75.1 /100 | #153 | Good $86,824 |
| Immigrants | Germany | 74.4 /100 | #154 | Good $86,764 |
| Carpatho Rusyns | 72.8 /100 | #155 | Good $86,635 |
| Immigrants | Albania | 71.5 /100 | #156 | Good $86,534 |
| Samoans | 71.0 /100 | #157 | Good $86,498 |
| Moroccans | 70.6 /100 | #158 | Good $86,468 |
| Immigrants | Uzbekistan | 70.1 /100 | #159 | Good $86,425 |
| Luxembourgers | 70.0 /100 | #160 | Good $86,418 |