White/Caucasian vs Laotian Median Family Income

The statistical analysis conducted on geographies consisting of 582,814,142 people shows a strong positive correlation between the proportion of Whites/Caucasians and median family income in the United States with a correlation coefficient (R) of 0.750 and weighted average of $99,800. Similarly, the statistical analysis conducted on geographies consisting of 224,714,380 people shows a moderate positive correlation between the proportion of Laotians and median family income in the United States with a correlation coefficient (R) of 0.431 and weighted average of $112,859, a difference of 13.1%.

In terms of median family income, the demographic groups most similar to Whites/Caucasians are Immigrants from Thailand ($99,840, a difference of 0.040%), Spanish ($99,977, a difference of 0.18%), Scotch-Irish ($99,591, a difference of 0.21%), Yugoslavian ($100,119, a difference of 0.32%), and Immigrants from Africa ($100,256, a difference of 0.46%).

In terms of median family income, the demographic groups most similar to Laotians are Immigrants from Italy ($112,848, a difference of 0.010%), Afghan ($112,971, a difference of 0.10%), Immigrants from Western Europe ($112,688, a difference of 0.15%), Argentinean ($112,665, a difference of 0.17%), and Immigrants from Eastern Europe ($112,527, a difference of 0.30%).