Immigrants from Korea Median Household Income
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Immigrants from Korea
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Median Household Income
Immigrants from Korea Median Household Income
$102,962
HOUSEHOLD INCOME
100.0/ 100
METRIC RATING
17th/ 347
METRIC RANK
Immigrants from Korea Median Household Income Correlation Chart
The statistical analysis conducted on geographies consisting of 415,854,714 people shows no correlation between the proportion of Immigrants from Korea and median household income in the United States with a correlation coefficient (R) of -0.046 and weighted average of $102,962. On average, for every 1% (one percent) increase in Immigrants from Korea within a typical geography, there is a decrease of $220 in median household income.
It is essential to understand that the correlation between the percentage of Immigrants from Korea and median household income does not imply a direct cause-and-effect relationship. It remains uncertain whether the presence of Immigrants from Korea influences an upward or downward trend in the level of median household income within an area, or if Immigrants from Korea simply ended up residing in those areas with higher or lower levels of median household income due to other factors.
Demographics Similar to Immigrants from Korea by Median Household Income
In terms of median household income, the demographic groups most similar to Immigrants from Korea are Cypriot ($102,843, a difference of 0.12%), Burmese ($103,145, a difference of 0.18%), Immigrants from Australia ($102,562, a difference of 0.39%), Bolivian ($102,195, a difference of 0.75%), and Immigrants from Israel ($104,090, a difference of 1.1%).
| Demographics | Rating | Rank | Median Household Income |
| Immigrants from South Central Asia | 100.0 /100 | #10 | Exceptional $106,057 |
| Immigrants from China | 100.0 /100 | #11 | Exceptional $105,335 |
| Indians (Asian) | 100.0 /100 | #12 | Exceptional $105,262 |
| Immigrants from Eastern Asia | 100.0 /100 | #13 | Exceptional $104,796 |
| Immigrants from Ireland | 100.0 /100 | #14 | Exceptional $104,692 |
| Immigrants from Israel | 100.0 /100 | #15 | Exceptional $104,090 |
| Burmese | 100.0 /100 | #16 | Exceptional $103,145 |
| Immigrants from Korea | 100.0 /100 | #17 | Exceptional $102,962 |
| Cypriots | 100.0 /100 | #18 | Exceptional $102,843 |
| Immigrants from Australia | 100.0 /100 | #19 | Exceptional $102,562 |
| Bolivians | 100.0 /100 | #20 | Exceptional $102,195 |
| Eastern Europeans | 100.0 /100 | #21 | Exceptional $101,781 |
| Asians | 100.0 /100 | #22 | Exceptional $101,681 |
| Immigrants from Bolivia | 100.0 /100 | #23 | Exceptional $101,394 |
| Immigrants from Japan | 100.0 /100 | #24 | Exceptional $100,711 |
Immigrants from Korea Median Household Income Correlation Summary
| Measurement | Immigrants from Korea Data | Median Household Income Data |
| Minimum | 0.13% | $26,550 |
| Maximum | 39.4% | $235,959 |
| Range | 39.3% | $209,409 |
| Mean | 10.4% | $116,491 |
| Median | 8.9% | $115,968 |
| Interquartile 25% (IQ1) | 4.4% | $93,452 |
| Interquartile 75% (IQ3) | 15.0% | $133,881 |
| Interquartile Range (IQR) | 10.7% | $40,429 |
| Standard Deviation (Sample) | 8.1% | $38,811 |
| Standard Deviation (Population) | 8.0% | $38,469 |
Correlation Details
| Immigrants from Korea Percentile | Sample Size | Median Household Income |
[ 0.0% - 0.5% ] 0.13% | 262,179,863 | $76,627 |
[ 0.0% - 0.5% ] 0.45% | 78,287,209 | $92,164 |
[ 0.5% - 1.0% ] 0.76% | 29,255,689 | $108,064 |
[ 1.0% - 1.5% ] 1.07% | 15,788,154 | $111,864 |
[ 1.0% - 1.5% ] 1.37% | 7,646,368 | $117,390 |
[ 1.5% - 2.0% ] 1.78% | 7,703,925 | $103,719 |
[ 1.5% - 2.0% ] 1.99% | 3,161,429 | $123,472 |
[ 2.0% - 2.5% ] 2.32% | 1,952,794 | $128,033 |
[ 2.5% - 3.0% ] 2.66% | 1,743,266 | $116,724 |
[ 2.5% - 3.0% ] 2.96% | 1,392,533 | $114,662 |
[ 3.0% - 3.5% ] 3.28% | 959,191 | $118,288 |
[ 3.5% - 4.0% ] 3.60% | 603,906 | $127,811 |
[ 3.5% - 4.0% ] 3.93% | 454,116 | $115,968 |
[ 4.0% - 4.5% ] 4.20% | 498,126 | $137,356 |
[ 4.5% - 5.0% ] 4.51% | 586,487 | $122,728 |
[ 4.5% - 5.0% ] 4.83% | 482,992 | $106,549 |
[ 5.0% - 5.5% ] 5.12% | 202,964 | $105,817 |
[ 5.0% - 5.5% ] 5.45% | 233,308 | $142,424 |
[ 5.5% - 6.0% ] 5.76% | 263,253 | $104,114 |
[ 6.0% - 6.5% ] 6.05% | 183,907 | $140,406 |
[ 6.0% - 6.5% ] 6.33% | 199,040 | $120,064 |
[ 6.5% - 7.0% ] 6.79% | 163,522 | $117,379 |
[ 6.5% - 7.0% ] 6.96% | 87,910 | $133,343 |
[ 7.0% - 7.5% ] 7.37% | 93,669 | $91,337 |
[ 7.5% - 8.0% ] 7.69% | 228,245 | $105,750 |
[ 7.5% - 8.0% ] 7.91% | 170,007 | $145,420 |
[ 8.0% - 8.5% ] 8.21% | 236,766 | $93,655 |
[ 8.5% - 9.0% ] 8.56% | 189,781 | $125,390 |
[ 8.5% - 9.0% ] 8.85% | 147,426 | $70,155 |
[ 9.0% - 9.5% ] 9.16% | 51,089 | $121,086 |
[ 9.5% - 10.0% ] 9.62% | 31,066 | $139,493 |
[ 9.5% - 10.0% ] 9.69% | 98,267 | $134,420 |
[ 10.0% - 10.5% ] 10.25% | 37,735 | $83,905 |
[ 10.5% - 11.0% ] 10.56% | 142 | $53,750 |
[ 11.0% - 11.5% ] 11.09% | 56,628 | $47,599 |
[ 11.0% - 11.5% ] 11.33% | 4,546 | $120,850 |
[ 11.5% - 12.0% ] 11.68% | 351 | $235,959 |
[ 11.5% - 12.0% ] 11.98% | 9,273 | $26,550 |
[ 12.0% - 12.5% ] 12.47% | 31,252 | $205,312 |
[ 13.0% - 13.5% ] 13.01% | 10,819 | $212,395 |
[ 13.5% - 14.0% ] 13.57% | 36,151 | $88,735 |
[ 13.5% - 14.0% ] 13.94% | 49,393 | $157,212 |
[ 14.5% - 15.0% ] 14.89% | 403 | $153,431 |
[ 15.0% - 15.5% ] 15.20% | 52,799 | $107,241 |
[ 15.0% - 15.5% ] 15.40% | 5,336 | $122,222 |
[ 15.5% - 16.0% ] 15.71% | 18,639 | $164,100 |
[ 16.0% - 16.5% ] 16.49% | 40,285 | $101,363 |
[ 16.5% - 17.0% ] 16.53% | 44,943 | $103,519 |
[ 17.5% - 18.0% ] 17.93% | 37,754 | $49,226 |
[ 18.0% - 18.5% ] 18.33% | 38,400 | $55,321 |
[ 18.0% - 18.5% ] 18.50% | 18,564 | $110,631 |
[ 18.5% - 19.0% ] 18.97% | 5,900 | $194,918 |
[ 19.0% - 19.5% ] 19.20% | 22,930 | $105,609 |
[ 20.5% - 21.0% ] 20.56% | 11,314 | $156,630 |
[ 31.0% - 31.5% ] 31.21% | 4,185 | $92,454 |
[ 33.5% - 34.0% ] 33.88% | 242 | $86,111 |
[ 39.0% - 39.5% ] 39.39% | 40,462 | $93,250 |