Spanish American vs Cape Verdean Median Household Income

The statistical analysis conducted on geographies consisting of 103,163,457 people shows a weak negative correlation between the proportion of Spanish Americans and median household income in the United States with a correlation coefficient (R) of -0.299 and weighted average of $75,386. Similarly, the statistical analysis conducted on geographies consisting of 107,534,548 people shows a weak negative correlation between the proportion of Cape Verdeans and median household income in the United States with a correlation coefficient (R) of -0.201 and weighted average of $75,848, a difference of 0.61%.

In terms of median household income, the demographic groups most similar to Spanish Americans are Immigrants from Latin America ($75,420, a difference of 0.040%), Osage ($75,240, a difference of 0.19%), Immigrants from Micronesia ($75,574, a difference of 0.25%), British West Indian ($75,647, a difference of 0.35%), and Immigrants from Guatemala ($75,123, a difference of 0.35%). Similarly, the demographic groups most similar to Cape Verdeans are Immigrants from Jamaica ($75,851, a difference of 0.0%), German Russian ($75,856, a difference of 0.010%), Hmong ($75,839, a difference of 0.010%), Pennsylvania German ($75,814, a difference of 0.050%), and Somali ($75,782, a difference of 0.090%).