Serbian vs Laotian Median Family Income

The statistical analysis conducted on geographies consisting of 267,482,647 people shows a poor negative correlation between the proportion of Serbians and median family income in the United States with a correlation coefficient (R) of -0.162 and weighted average of $107,157. Similarly, the statistical analysis conducted on geographies consisting of 224,714,380 people shows a moderate positive correlation between the proportion of Laotians and median family income in the United States with a correlation coefficient (R) of 0.431 and weighted average of $112,859, a difference of 5.3%.

In terms of median family income, the demographic groups most similar to Serbians are Lebanese ($107,086, a difference of 0.070%), Taiwanese ($107,295, a difference of 0.13%), Immigrants from Ethiopia ($106,969, a difference of 0.18%), Arab ($106,952, a difference of 0.19%), and Brazilian ($106,942, a difference of 0.20%).

In terms of median family income, the demographic groups most similar to Laotians are Immigrants from Italy ($112,848, a difference of 0.010%), Afghan ($112,971, a difference of 0.10%), Immigrants from Western Europe ($112,688, a difference of 0.15%), Argentinean ($112,665, a difference of 0.17%), and Immigrants from Eastern Europe ($112,527, a difference of 0.30%).