Welsh vs Nicaraguan Median Household Income
COMPARE
Welsh
Nicaraguan
Median Household Income
Median Household Income Comparison
Welsh
Nicaraguans
$83,628
MEDIAN HOUSEHOLD INCOME
28.0/ 100
METRIC RATING
192nd/ 347
METRIC RANK
$79,737
MEDIAN HOUSEHOLD INCOME
3.1/ 100
METRIC RATING
237th/ 347
METRIC RANK
Welsh vs Nicaraguan Median Household Income Correlation Chart
The statistical analysis conducted on geographies consisting of 527,928,431 people shows a poor positive correlation between the proportion of Welsh and median household income in the United States with a correlation coefficient (R) of 0.107 and weighted average of $83,628. Similarly, the statistical analysis conducted on geographies consisting of 285,567,751 people shows a moderate negative correlation between the proportion of Nicaraguans and median household income in the United States with a correlation coefficient (R) of -0.455 and weighted average of $79,737, a difference of 4.9%.
Median Household Income Correlation Summary
| Measurement | Welsh | Nicaraguan |
| Minimum | $27,188 | $29,878 |
| Maximum | $106,528 | $129,595 |
| Range | $79,340 | $99,717 |
| Mean | $74,552 | $70,971 |
| Median | $75,263 | $72,218 |
| Interquartile 25% (IQ1) | $66,384 | $56,639 |
| Interquartile 75% (IQ3) | $84,494 | $85,047 |
| Interquartile Range (IQR) | $18,110 | $28,408 |
| Standard Deviation (Sample) | $14,468 | $19,770 |
| Standard Deviation (Population) | $14,345 | $19,624 |
Similar Demographics by Median Household Income
Demographics Similar to Welsh by Median Household Income
In terms of median household income, the demographic groups most similar to Welsh are Finnish ($83,607, a difference of 0.030%), Ghanaian ($83,582, a difference of 0.060%), Immigrants from Armenia ($83,555, a difference of 0.090%), Iraqi ($83,753, a difference of 0.15%), and French ($83,468, a difference of 0.19%).
| Demographics | Rating | Rank | Median Household Income |
| Kenyans | 34.2 /100 | #185 | Fair $84,085 |
| Puget Sound Salish | 33.2 /100 | #186 | Fair $84,011 |
| Belgians | 33.2 /100 | #187 | Fair $84,008 |
| Tlingit-Haida | 32.6 /100 | #188 | Fair $83,968 |
| Immigrants | Colombia | 31.7 /100 | #189 | Fair $83,902 |
| Slovaks | 30.2 /100 | #190 | Fair $83,798 |
| Iraqis | 29.6 /100 | #191 | Fair $83,753 |
| Welsh | 28.0 /100 | #192 | Fair $83,628 |
| Finns | 27.7 /100 | #193 | Fair $83,607 |
| Ghanaians | 27.4 /100 | #194 | Fair $83,582 |
| Immigrants | Armenia | 27.0 /100 | #195 | Fair $83,555 |
| French | 26.0 /100 | #196 | Fair $83,468 |
| Aleuts | 25.7 /100 | #197 | Fair $83,446 |
| Japanese | 25.1 /100 | #198 | Fair $83,395 |
| Germans | 24.6 /100 | #199 | Fair $83,358 |
Demographics Similar to Nicaraguans by Median Household Income
In terms of median household income, the demographic groups most similar to Nicaraguans are Barbadian ($79,664, a difference of 0.090%), Immigrants from Bosnia and Herzegovina ($79,888, a difference of 0.19%), Alaska Native ($79,509, a difference of 0.29%), Immigrants from Western Africa ($79,490, a difference of 0.31%), and Nonimmigrants ($79,429, a difference of 0.39%).
| Demographics | Rating | Rank | Median Household Income |
| Bermudans | 4.7 /100 | #230 | Tragic $80,406 |
| Trinidadians and Tobagonians | 4.7 /100 | #231 | Tragic $80,402 |
| Immigrants | Trinidad and Tobago | 4.6 /100 | #232 | Tragic $80,373 |
| Immigrants | Azores | 4.5 /100 | #233 | Tragic $80,357 |
| Immigrants | Ecuador | 4.5 /100 | #234 | Tragic $80,341 |
| Immigrants | Guyana | 4.5 /100 | #235 | Tragic $80,324 |
| Immigrants | Bosnia and Herzegovina | 3.4 /100 | #236 | Tragic $79,888 |
| Nicaraguans | 3.1 /100 | #237 | Tragic $79,737 |
| Barbadians | 3.0 /100 | #238 | Tragic $79,664 |
| Alaska Natives | 2.7 /100 | #239 | Tragic $79,509 |
| Immigrants | Western Africa | 2.7 /100 | #240 | Tragic $79,490 |
| Immigrants | Nonimmigrants | 2.6 /100 | #241 | Tragic $79,429 |
| Immigrants | Sudan | 2.1 /100 | #242 | Tragic $79,103 |
| Immigrants | Barbados | 1.9 /100 | #243 | Tragic $78,989 |
| Marshallese | 1.9 /100 | #244 | Tragic $78,930 |