South American vs Immigrants from Bosnia and Herzegovina Median Family Income

The statistical analysis conducted on geographies consisting of 493,360,337 people shows a mild negative correlation between the proportion of South Americans and median family income in the United States with a correlation coefficient (R) of -0.340 and weighted average of $101,856. Similarly, the statistical analysis conducted on geographies consisting of 156,800,946 people shows a weak negative correlation between the proportion of Immigrants from Bosnia and Herzegovina and median family income in the United States with a correlation coefficient (R) of -0.233 and weighted average of $97,432, a difference of 4.5%.

Median Family Income Correlation Summary

Measurement	South American	Immigrants from Bosnia and Herzegovina
Minimum	$53,167	$54,501
Maximum	$167,114	$142,183
Range	$113,947	$87,682
Mean	$93,843	$90,450
Median	$91,692	$93,519
Interquartile 25% (IQ1)	$79,466	$80,405
Interquartile 75% (IQ3)	$105,899	$100,969
Interquartile Range (IQR)	$26,433	$20,564
Standard Deviation (Sample)	$21,858	$18,350
Standard Deviation (Population)	$21,760	$18,107

Similar Demographics by Median Family Income

Demographics Similar to South Americans by Median Family Income

In terms of median family income, the demographic groups most similar to South Americans are French Canadian ($101,634, a difference of 0.22%), Spaniard ($101,617, a difference of 0.23%), Welsh ($102,151, a difference of 0.29%), Tsimshian ($101,543, a difference of 0.31%), and German ($102,254, a difference of 0.39%).

Demographics	Rating \| Rank	Median Family Income
Immigrants \| Eritrea	51.9 /100 \| #172	Average $102,823
Belgians	51.4 /100 \| #173	Average $102,788
Finns	50.0 /100 \| #174	Average $102,676
Immigrants \| Eastern Africa	47.1 /100 \| #175	Average $102,451
French	46.1 /100 \| #176	Average $102,368
Germans	44.6 /100 \| #177	Average $102,254
Welsh	43.3 /100 \| #178	Average $102,151
South Americans	39.7 /100 \| #179	Fair $101,856
French Canadians	37.0 /100 \| #180	Fair $101,634
Spaniards	36.8 /100 \| #181	Fair $101,617
Tsimshian	35.9 /100 \| #182	Fair $101,543
Kenyans	34.5 /100 \| #183	Fair $101,417
Immigrants \| Costa Rica	33.7 /100 \| #184	Fair $101,354
Dutch	31.9 /100 \| #185	Fair $101,192
Celtics	31.3 /100 \| #186	Fair $101,139

Demographics Similar to Immigrants from Bosnia and Herzegovina by Median Family Income

In terms of median family income, the demographic groups most similar to Immigrants from Bosnia and Herzegovina are Nigerian ($97,522, a difference of 0.090%), Bermudan ($97,577, a difference of 0.15%), Japanese ($97,288, a difference of 0.15%), Immigrants from Armenia ($97,605, a difference of 0.18%), and Immigrants from Cambodia ($97,222, a difference of 0.22%).

Demographics	Rating \| Rank	Median Family Income
Immigrants \| Colombia	8.7 /100 \| #209	Tragic $98,067
Puget Sound Salish	8.2 /100 \| #210	Tragic $97,958
Immigrants \| Sudan	7.4 /100 \| #211	Tragic $97,737
Panamanians	7.2 /100 \| #212	Tragic $97,683
Immigrants \| Armenia	7.0 /100 \| #213	Tragic $97,605
Bermudans	6.9 /100 \| #214	Tragic $97,577
Nigerians	6.7 /100 \| #215	Tragic $97,522
Immigrants \| Bosnia and Herzegovina	6.4 /100 \| #216	Tragic $97,432
Japanese	6.0 /100 \| #217	Tragic $97,288
Immigrants \| Cambodia	5.8 /100 \| #218	Tragic $97,222
Delaware	5.1 /100 \| #219	Tragic $96,958
Sudanese	4.7 /100 \| #220	Tragic $96,783
Immigrants \| Ghana	4.2 /100 \| #221	Tragic $96,544
Immigrants \| Nigeria	4.0 /100 \| #222	Tragic $96,439
Venezuelans	3.7 /100 \| #223	Tragic $96,281