Serbian vs Latvian Per Capita Income

The statistical analysis conducted on geographies consisting of 267,655,306 people shows a mild negative correlation between the proportion of Serbians and per capita income in the United States with a correlation coefficient (R) of -0.369 and weighted average of $46,551. Similarly, the statistical analysis conducted on geographies consisting of 220,728,386 people shows a weak negative correlation between the proportion of Latvians and per capita income in the United States with a correlation coefficient (R) of -0.257 and weighted average of $52,649, a difference of 13.1%.

In terms of per capita income, the demographic groups most similar to Serbians are Immigrants from Kuwait ($46,543, a difference of 0.020%), British ($46,571, a difference of 0.040%), Ethiopian ($46,569, a difference of 0.040%), Immigrants from Northern Africa ($46,531, a difference of 0.040%), and Chilean ($46,459, a difference of 0.20%).

In terms of per capita income, the demographic groups most similar to Latvians are Immigrants from South Central Asia ($52,660, a difference of 0.020%), Israeli ($52,596, a difference of 0.10%), Immigrants from Austria ($52,503, a difference of 0.28%), Turkish ($52,391, a difference of 0.49%), and Immigrants from Norway ($52,217, a difference of 0.83%).