Welsh vs Latvian Per Capita Income
COMPARE
Welsh
Latvian
Per Capita Income
Per Capita Income Comparison
Welsh
Latvians
$43,233
PER CAPITA INCOME
38.2/ 100
METRIC RATING
181st/ 347
METRIC RANK
$52,649
PER CAPITA INCOME
100.0/ 100
METRIC RATING
28th/ 347
METRIC RANK
Welsh vs Latvian Per Capita Income Correlation Chart
The statistical analysis conducted on geographies consisting of 528,640,565 people shows a poor negative correlation between the proportion of Welsh and per capita income in the United States with a correlation coefficient (R) of -0.143 and weighted average of $43,233. Similarly, the statistical analysis conducted on geographies consisting of 220,728,386 people shows a weak negative correlation between the proportion of Latvians and per capita income in the United States with a correlation coefficient (R) of -0.257 and weighted average of $52,649, a difference of 21.8%.
Per Capita Income Correlation Summary
| Measurement | Welsh | Latvian |
| Minimum | $14,496 | $3,646 |
| Maximum | $81,151 | $115,504 |
| Range | $66,655 | $111,858 |
| Mean | $37,545 | $51,165 |
| Median | $37,753 | $52,046 |
| Interquartile 25% (IQ1) | $31,788 | $36,086 |
| Interquartile 75% (IQ3) | $41,266 | $65,124 |
| Interquartile Range (IQR) | $9,478 | $29,038 |
| Standard Deviation (Sample) | $10,767 | $21,773 |
| Standard Deviation (Population) | $10,695 | $21,617 |
Similar Demographics by Per Capita Income
Demographics Similar to Welsh by Per Capita Income
In terms of per capita income, the demographic groups most similar to Welsh are Immigrants from Vietnam ($43,229, a difference of 0.010%), German ($43,067, a difference of 0.38%), Sierra Leonean ($43,405, a difference of 0.40%), Spaniard ($43,028, a difference of 0.48%), and Immigrants ($43,010, a difference of 0.52%).
| Demographics | Rating | Rank | Per Capita Income |
| Colombians | 50.0 /100 | #174 | Average $43,661 |
| Celtics | 48.9 /100 | #175 | Average $43,621 |
| Immigrants | South Eastern Asia | 46.6 /100 | #176 | Average $43,539 |
| Tlingit-Haida | 45.9 /100 | #177 | Average $43,516 |
| Immigrants | Costa Rica | 44.5 /100 | #178 | Average $43,464 |
| Finns | 44.4 /100 | #179 | Average $43,461 |
| Sierra Leoneans | 42.9 /100 | #180 | Average $43,405 |
| Welsh | 38.2 /100 | #181 | Fair $43,233 |
| Immigrants | Vietnam | 38.1 /100 | #182 | Fair $43,229 |
| Germans | 33.9 /100 | #183 | Fair $43,067 |
| Spaniards | 32.9 /100 | #184 | Fair $43,028 |
| Immigrants | Immigrants | 32.5 /100 | #185 | Fair $43,010 |
| French Canadians | 32.3 /100 | #186 | Fair $43,003 |
| Immigrants | Colombia | 31.5 /100 | #187 | Fair $42,971 |
| Immigrants | Africa | 31.0 /100 | #188 | Fair $42,950 |
Demographics Similar to Latvians by Per Capita Income
In terms of per capita income, the demographic groups most similar to Latvians are Immigrants from South Central Asia ($52,660, a difference of 0.020%), Israeli ($52,596, a difference of 0.10%), Immigrants from Austria ($52,503, a difference of 0.28%), Turkish ($52,391, a difference of 0.49%), and Immigrants from Norway ($52,217, a difference of 0.83%).
| Demographics | Rating | Rank | Per Capita Income |
| Immigrants | Northern Europe | 100.0 /100 | #21 | Exceptional $54,159 |
| Indians (Asian) | 100.0 /100 | #22 | Exceptional $53,874 |
| Immigrants | Eastern Asia | 100.0 /100 | #23 | Exceptional $53,806 |
| Immigrants | Denmark | 100.0 /100 | #24 | Exceptional $53,799 |
| Immigrants | Japan | 100.0 /100 | #25 | Exceptional $53,359 |
| Russians | 100.0 /100 | #26 | Exceptional $53,154 |
| Immigrants | South Central Asia | 100.0 /100 | #27 | Exceptional $52,660 |
| Latvians | 100.0 /100 | #28 | Exceptional $52,649 |
| Israelis | 100.0 /100 | #29 | Exceptional $52,596 |
| Immigrants | Austria | 100.0 /100 | #30 | Exceptional $52,503 |
| Turks | 100.0 /100 | #31 | Exceptional $52,391 |
| Immigrants | Norway | 100.0 /100 | #32 | Exceptional $52,217 |
| Australians | 100.0 /100 | #33 | Exceptional $52,074 |
| Immigrants | Russia | 100.0 /100 | #34 | Exceptional $52,044 |
| Burmese | 100.0 /100 | #35 | Exceptional $52,005 |