Laotian Median Family Income
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Median Family Income
Laotian Median Family Income
$112,859
FAMILY INCOME
99.5/ 100
METRIC RATING
73rd/ 347
METRIC RANK
Laotian Median Family Income Correlation Chart
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. On average, for every 1% (one percent) increase in Laotians within a typical geography, there is an increase of $3,042 in median family income.
It is essential to understand that the correlation between the percentage of Laotians and median family income does not imply a direct cause-and-effect relationship. It remains uncertain whether the presence of Laotians influences an upward or downward trend in the level of median family income within an area, or if Laotians simply ended up residing in those areas with higher or lower levels of median family income due to other factors.
Demographics Similar to Laotians by Median Family Income
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%).
| Demographics | Rating | Rank | Median Family Income |
| Paraguayans | 99.7 /100 | #66 | Exceptional $114,016 |
| Immigrants from Spain | 99.7 /100 | #67 | Exceptional $113,815 |
| Immigrants from Serbia | 99.6 /100 | #68 | Exceptional $113,463 |
| Immigrants from Bulgaria | 99.6 /100 | #69 | Exceptional $113,461 |
| Immigrants from Romania | 99.6 /100 | #70 | Exceptional $113,434 |
| South Africans | 99.5 /100 | #71 | Exceptional $113,229 |
| Afghans | 99.5 /100 | #72 | Exceptional $112,971 |
| Laotians | 99.5 /100 | #73 | Exceptional $112,859 |
| Immigrants from Italy | 99.4 /100 | #74 | Exceptional $112,848 |
| Immigrants from Western Europe | 99.4 /100 | #75 | Exceptional $112,688 |
| Argentineans | 99.4 /100 | #76 | Exceptional $112,665 |
| Immigrants from Eastern Europe | 99.4 /100 | #77 | Exceptional $112,527 |
| Immigrants from Canada | 99.3 /100 | #78 | Exceptional $112,374 |
| Italians | 99.3 /100 | #79 | Exceptional $112,372 |
| Immigrants from Croatia | 99.3 /100 | #80 | Exceptional $112,323 |
Laotian Median Family Income Correlation Summary
| Measurement | Laotian Data | Median Family Income Data |
| Minimum | 0.051% | $38,056 |
| Maximum | 26.0% | $210,375 |
| Range | 25.9% | $172,319 |
| Mean | 4.3% | $109,887 |
| Median | 2.8% | $99,824 |
| Interquartile 25% (IQ1) | 1.4% | $89,104 |
| Interquartile 75% (IQ3) | 5.1% | $125,414 |
| Interquartile Range (IQR) | 3.7% | $36,309 |
| Standard Deviation (Sample) | 5.3% | $37,256 |
| Standard Deviation (Population) | 5.2% | $36,830 |
Correlation Details
| Laotian Percentile | Sample Size | Median Family Income |
[ 0.0% - 0.5% ] 0.051% | 165,518,836 | $99,794 |
[ 0.0% - 0.5% ] 0.18% | 36,345,800 | $116,394 |
[ 0.0% - 0.5% ] 0.31% | 10,240,067 | $125,347 |
[ 0.0% - 0.5% ] 0.45% | 5,490,936 | $125,197 |
[ 0.5% - 1.0% ] 0.59% | 2,241,235 | $121,419 |
[ 0.5% - 1.0% ] 0.71% | 2,036,271 | $125,481 |
[ 0.5% - 1.0% ] 0.85% | 813,243 | $111,806 |
[ 0.5% - 1.0% ] 0.94% | 620,543 | $126,397 |
[ 1.0% - 1.5% ] 1.08% | 173,984 | $129,585 |
[ 1.0% - 1.5% ] 1.26% | 208,791 | $99,854 |
[ 1.0% - 1.5% ] 1.36% | 162,834 | $114,655 |
[ 1.0% - 1.5% ] 1.49% | 158,717 | $140,342 |
[ 1.5% - 2.0% ] 1.61% | 18,184 | $84,459 |
[ 1.5% - 2.0% ] 1.79% | 234,769 | $98,794 |
[ 1.5% - 2.0% ] 1.89% | 45,933 | $94,033 |
[ 2.0% - 2.5% ] 2.05% | 112,979 | $69,992 |
[ 2.0% - 2.5% ] 2.19% | 59,281 | $115,254 |
[ 2.0% - 2.5% ] 2.27% | 44,033 | $142,696 |
[ 2.0% - 2.5% ] 2.39% | 19,031 | $91,949 |
[ 2.5% - 3.0% ] 2.55% | 9,634 | $101,016 |
[ 2.5% - 3.0% ] 2.67% | 12,809 | $91,438 |
[ 2.5% - 3.0% ] 2.77% | 51,720 | $92,474 |
[ 2.5% - 3.0% ] 2.89% | 1,246 | $70,463 |
[ 3.0% - 3.5% ] 3.07% | 6,414 | $72,476 |
[ 3.0% - 3.5% ] 3.21% | 2,215 | $92,745 |
[ 3.5% - 4.0% ] 3.56% | 12,478 | $68,182 |
[ 3.5% - 4.0% ] 3.76% | 1,304 | $89,615 |
[ 3.5% - 4.0% ] 3.82% | 890 | $100,640 |
[ 3.5% - 4.0% ] 3.98% | 4,150 | $210,375 |
[ 4.0% - 4.5% ] 4.19% | 2,123 | $99,788 |
[ 4.0% - 4.5% ] 4.35% | 26,556 | $88,205 |
[ 4.5% - 5.0% ] 4.61% | 1,692 | $80,222 |
[ 5.0% - 5.5% ] 5.03% | 1,392 | $154,479 |
[ 5.0% - 5.5% ] 5.12% | 722 | $88,594 |
[ 5.0% - 5.5% ] 5.21% | 2,052 | $91,863 |
[ 5.5% - 6.0% ] 5.98% | 23,792 | $94,096 |
[ 6.5% - 7.0% ] 6.62% | 302 | $157,685 |
[ 6.5% - 7.0% ] 6.79% | 619 | $80,625 |
[ 6.5% - 7.0% ] 6.97% | 2,756 | $54,884 |
[ 8.0% - 8.5% ] 8.33% | 84 | $161,250 |
[ 8.5% - 9.0% ] 8.94% | 1,634 | $111,875 |
[ 10.5% - 11.0% ] 10.57% | 1,220 | $38,056 |
[ 24.5% - 25.0% ] 24.91% | 566 | $205,269 |
[ 25.5% - 26.0% ] 25.97% | 543 | $205,269 |