South American vs White/Caucasian 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 583,274,044 people shows a significant positive correlation between the proportion of Whites/Caucasians and median household income in the United States with a correlation coefficient (R) of 0.659 and weighted average of $82,029, a difference of 5.8%.

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 Whites/Caucasians are Ecuadorian ($82,070, a difference of 0.050%), Yugoslavian ($82,186, a difference of 0.19%), Vietnamese ($82,248, a difference of 0.27%), Panamanian ($82,272, a difference of 0.30%), and Nigerian ($81,725, a difference of 0.37%).