White/Caucasian vs Laotian 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 224,713,642 people shows a weak negative correlation between the proportion of Laotians and median household income in the United States with a correlation coefficient (R) of -0.277 and weighted average of $94,990, a difference of 15.8%.

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 Laotians are Korean ($95,018, a difference of 0.030%), Immigrants from Europe ($95,032, a difference of 0.040%), Soviet Union ($95,098, a difference of 0.11%), Immigrants from Norway ($94,846, a difference of 0.15%), and New Zealander ($95,146, a difference of 0.16%).