South American vs Nepalese Median Household Income

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. Similarly, the statistical analysis conducted on geographies consisting of 24,521,755 people shows a moderate negative correlation between the proportion of Nepalese and median household income in the United States with a correlation coefficient (R) of -0.485 and weighted average of $82,410, a difference of 5.4%.

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%).

In terms of median household income, the demographic groups most similar to Nepalese are Venezuelan ($82,432, a difference of 0.030%), Salvadoran ($82,449, a difference of 0.050%), Panamanian ($82,272, a difference of 0.17%), Immigrants from Uruguay ($82,560, a difference of 0.18%), and Vietnamese ($82,248, a difference of 0.20%).