White/Caucasian vs Paraguayan Per Capita Income

The statistical analysis conducted on geographies consisting of 585,276,990 people shows a strong positive correlation between the proportion of Whites/Caucasians and per capita income in the United States with a correlation coefficient (R) of 0.779 and weighted average of $42,180. Similarly, the statistical analysis conducted on geographies consisting of 95,089,637 people shows a poor positive correlation between the proportion of Paraguayans and per capita income in the United States with a correlation coefficient (R) of 0.126 and weighted average of $50,385, a difference of 19.5%.

In terms of per capita income, the demographic groups most similar to Whites/Caucasians are Ghanaian ($42,164, a difference of 0.040%), Aleut ($42,210, a difference of 0.070%), Spanish ($42,249, a difference of 0.16%), Immigrants from Bosnia and Herzegovina ($42,278, a difference of 0.23%), and Venezuelan ($42,074, a difference of 0.25%).

In terms of per capita income, the demographic groups most similar to Paraguayans are Immigrants from Croatia ($50,417, a difference of 0.060%), Immigrants from Netherlands ($50,458, a difference of 0.14%), Immigrants from Belarus ($50,303, a difference of 0.16%), Immigrants from Sri Lanka ($50,555, a difference of 0.34%), and New Zealander ($50,575, a difference of 0.38%).