White/Caucasian vs Immigrants from Bosnia and Herzegovina 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 156,785,228 people shows a moderate negative correlation between the proportion of Immigrants from Bosnia and Herzegovina and median household income in the United States with a correlation coefficient (R) of -0.487 and weighted average of $79,888, a difference of 2.7%.

In terms of median household income, the demographic groups most similar to Whites/Caucasians are Ecuadorian ($82,070, a difference of 0.050%), Nigerian ($81,725, a difference of 0.37%), Immigrants from Venezuela ($81,506, a difference of 0.64%), Immigrants from Ghana ($81,489, a difference of 0.66%), and Immigrants from Nigeria ($81,236, a difference of 0.98%). Similarly, the demographic groups most similar to Immigrants from Bosnia and Herzegovina are Nicaraguan ($79,737, a difference of 0.19%), Immigrants from Guyana ($80,324, a difference of 0.55%), Immigrants from Ecuador ($80,341, a difference of 0.57%), Immigrants from the Azores ($80,357, a difference of 0.59%), and Immigrants from Trinidad and Tobago ($80,373, a difference of 0.61%).