Spanish American vs Italian 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 573,867,135 people shows a poor negative correlation between the proportion of Italians and median household income in the United States with a correlation coefficient (R) of -0.104 and weighted average of $92,475, a difference of 22.7%.

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%).

In terms of median household income, the demographic groups most similar to Italians are Immigrants from Argentina ($92,417, a difference of 0.060%), Immigrants from Croatia ($92,225, a difference of 0.27%), Immigrants from Spain ($92,732, a difference of 0.28%), Immigrants from England ($92,098, a difference of 0.41%), and Immigrants from Hungary ($92,094, a difference of 0.41%).