Welsh vs Paraguayan Median Household Income
COMPARE
Welsh
Paraguayan
Median Household Income
Median Household Income Comparison
Welsh
Paraguayans
$83,628
MEDIAN HOUSEHOLD INCOME
28.0/ 100
METRIC RATING
192nd/ 347
METRIC RANK
$95,737
MEDIAN HOUSEHOLD INCOME
99.9/ 100
METRIC RATING
53rd/ 347
METRIC RANK
Welsh vs Paraguayan 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 95,096,064 people shows no correlation between the proportion of Paraguayans and median household income in the United States with a correlation coefficient (R) of 0.036 and weighted average of $95,737, a difference of 14.5%.
Median Household Income Correlation Summary
| Measurement | Welsh | Paraguayan |
| Minimum | $27,188 | $43,906 |
| Maximum | $106,528 | $220,060 |
| Range | $79,340 | $176,154 |
| Mean | $74,552 | $104,819 |
| Median | $75,263 | $98,291 |
| Interquartile 25% (IQ1) | $66,384 | $77,788 |
| Interquartile 75% (IQ3) | $84,494 | $122,293 |
| Interquartile Range (IQR) | $18,110 | $44,505 |
| Standard Deviation (Sample) | $14,468 | $41,190 |
| Standard Deviation (Population) | $14,345 | $40,877 |
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 Paraguayans by Median Household Income
In terms of median household income, the demographic groups most similar to Paraguayans are Immigrants from South Africa ($95,800, a difference of 0.070%), Egyptian ($95,673, a difference of 0.070%), Estonian ($95,930, a difference of 0.20%), Immigrants from Czechoslovakia ($95,319, a difference of 0.44%), and Immigrants from Austria ($95,277, a difference of 0.48%).
| Demographics | Rating | Rank | Median Household Income |
| Australians | 99.9 /100 | #46 | Exceptional $96,490 |
| Immigrants | Russia | 99.9 /100 | #47 | Exceptional $96,378 |
| Cambodians | 99.9 /100 | #48 | Exceptional $96,324 |
| Immigrants | Malaysia | 99.9 /100 | #49 | Exceptional $96,292 |
| Bulgarians | 99.9 /100 | #50 | Exceptional $96,290 |
| Estonians | 99.9 /100 | #51 | Exceptional $95,930 |
| Immigrants | South Africa | 99.9 /100 | #52 | Exceptional $95,800 |
| Paraguayans | 99.9 /100 | #53 | Exceptional $95,737 |
| Egyptians | 99.9 /100 | #54 | Exceptional $95,673 |
| Immigrants | Czechoslovakia | 99.9 /100 | #55 | Exceptional $95,319 |
| Immigrants | Austria | 99.9 /100 | #56 | Exceptional $95,277 |
| New Zealanders | 99.8 /100 | #57 | Exceptional $95,146 |
| Soviet Union | 99.8 /100 | #58 | Exceptional $95,098 |
| Immigrants | Europe | 99.8 /100 | #59 | Exceptional $95,032 |
| Koreans | 99.8 /100 | #60 | Exceptional $95,018 |