White/Caucasian vs European Median Household Income

The statistical analysis conducted on geographies consisting of 583,274,044 people shows a significant positive correlation between the proportion of Whites/Caucasians and median household income in the United States with a correlation coefficient (R) of 0.659 and weighted average of $82,029. Similarly, the statistical analysis conducted on geographies consisting of 560,871,034 people shows no correlation between the proportion of Europeans and median household income in the United States with a correlation coefficient (R) of -0.024 and weighted average of $88,751, a difference of 8.2%.

In terms of median household income, the demographic groups most similar to Whites/Caucasians are Ecuadorian ($82,070, a difference of 0.050%), Yugoslavian ($82,186, a difference of 0.19%), Vietnamese ($82,248, a difference of 0.27%), Panamanian ($82,272, a difference of 0.30%), and Nigerian ($81,725, a difference of 0.37%).

In terms of median household income, the demographic groups most similar to Europeans are Immigrants from Syria ($88,792, a difference of 0.050%), Immigrants from Ethiopia ($88,687, a difference of 0.070%), British ($88,914, a difference of 0.18%), Brazilian ($88,934, a difference of 0.21%), and Portuguese ($88,976, a difference of 0.25%).