Laotian Median Household Income
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Median Household Income
Laotian Median Household Income
$94,990
HOUSEHOLD INCOME
99.8/ 100
METRIC RATING
61st/ 347
METRIC RANK
Laotian Median Household Income Correlation Chart
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. On average, for every 1% (one percent) increase in Laotians within a typical geography, there is a decrease of $2,508 in median household income.
It is essential to understand that the correlation between the percentage of Laotians and median household 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 household income within an area, or if Laotians simply ended up residing in those areas with higher or lower levels of median household income due to other factors.
Demographics Similar to Laotians by Median Household Income
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%).
Demographics | Rating | Rank | Median Household Income |
Egyptians | 99.9 /100 | #54 | Exceptional $95,673 |
Immigrants from Czechoslovakia | 99.9 /100 | #55 | Exceptional $95,319 |
Immigrants from Austria | 99.9 /100 | #56 | Exceptional $95,277 |
New Zealanders | 99.8 /100 | #57 | Exceptional $95,146 |
Soviet Union | 99.8 /100 | #58 | Exceptional $95,098 |
Immigrants from Europe | 99.8 /100 | #59 | Exceptional $95,032 |
Koreans | 99.8 /100 | #60 | Exceptional $95,018 |
Laotians | 99.8 /100 | #61 | Exceptional $94,990 |
Immigrants from Norway | 99.8 /100 | #62 | Exceptional $94,846 |
Greeks | 99.8 /100 | #63 | Exceptional $94,735 |
Immigrants from Netherlands | 99.7 /100 | #64 | Exceptional $94,411 |
Immigrants from Belarus | 99.7 /100 | #65 | Exceptional $94,399 |
Immigrants from Romania | 99.7 /100 | #66 | Exceptional $94,222 |
Immigrants from Scotland | 99.7 /100 | #67 | Exceptional $94,091 |
Mongolians | 99.7 /100 | #68 | Exceptional $93,971 |
Laotian Median Household Income Correlation Summary
Measurement | Laotian Data | Median Household Income Data |
Minimum | 0.051% | $39,542 |
Maximum | 10.6% | $153,021 |
Range | 10.5% | $113,479 |
Mean | 3.4% | $87,400 |
Median | 2.7% | $85,171 |
Interquartile 25% (IQ1) | 1.4% | $72,352 |
Interquartile 75% (IQ3) | 5.0% | $104,389 |
Interquartile Range (IQR) | 3.7% | $32,037 |
Standard Deviation (Sample) | 2.6% | $23,584 |
Standard Deviation (Population) | 2.6% | $23,302 |
Correlation Details
Laotian Percentile | Sample Size | Median Household Income |
[ 0.0% - 0.5% ] 0.051% | 165,522,976 | $82,630 |
[ 0.0% - 0.5% ] 0.18% | 36,345,337 | $97,618 |
[ 0.0% - 0.5% ] 0.31% | 10,240,605 | $104,389 |
[ 0.0% - 0.5% ] 0.45% | 5,490,936 | $108,573 |
[ 0.5% - 1.0% ] 0.59% | 2,241,235 | $101,693 |
[ 0.5% - 1.0% ] 0.71% | 2,036,833 | $105,742 |
[ 0.5% - 1.0% ] 0.85% | 813,243 | $99,617 |
[ 0.5% - 1.0% ] 0.94% | 620,124 | $110,425 |
[ 1.0% - 1.5% ] 1.08% | 173,984 | $109,210 |
[ 1.0% - 1.5% ] 1.26% | 208,791 | $88,529 |
[ 1.0% - 1.5% ] 1.36% | 162,834 | $99,947 |
[ 1.0% - 1.5% ] 1.49% | 158,717 | $115,785 |
[ 1.5% - 2.0% ] 1.61% | 18,184 | $78,687 |
[ 1.5% - 2.0% ] 1.79% | 235,830 | $85,715 |
[ 1.5% - 2.0% ] 1.89% | 45,933 | $76,548 |
[ 2.0% - 2.5% ] 2.05% | 112,774 | $66,802 |
[ 2.0% - 2.5% ] 2.19% | 59,281 | $102,642 |
[ 2.0% - 2.5% ] 2.27% | 44,033 | $130,133 |
[ 2.0% - 2.5% ] 2.39% | 19,031 | $91,754 |
[ 2.5% - 3.0% ] 2.55% | 9,634 | $87,207 |
[ 2.5% - 3.0% ] 2.67% | 12,809 | $85,402 |
[ 2.5% - 3.0% ] 2.77% | 51,720 | $84,939 |
[ 2.5% - 3.0% ] 2.89% | 1,246 | $47,392 |
[ 3.0% - 3.5% ] 3.07% | 6,414 | $66,751 |
[ 3.0% - 3.5% ] 3.20% | 2,466 | $75,272 |
[ 3.5% - 4.0% ] 3.56% | 12,478 | $57,793 |
[ 3.5% - 4.0% ] 3.76% | 1,304 | $76,905 |
[ 3.5% - 4.0% ] 3.77% | 398 | $76,583 |
[ 4.0% - 4.5% ] 4.19% | 2,123 | $72,352 |
[ 4.0% - 4.5% ] 4.35% | 26,556 | $69,403 |
[ 4.5% - 5.0% ] 4.61% | 1,692 | $69,833 |
[ 5.0% - 5.5% ] 5.03% | 1,392 | $153,021 |
[ 5.0% - 5.5% ] 5.12% | 722 | $69,722 |
[ 5.0% - 5.5% ] 5.21% | 2,052 | $76,912 |
[ 5.5% - 6.0% ] 5.97% | 23,104 | $72,983 |
[ 6.5% - 7.0% ] 6.62% | 302 | $105,833 |
[ 6.5% - 7.0% ] 6.79% | 619 | $78,654 |
[ 6.5% - 7.0% ] 6.97% | 2,756 | $55,458 |
[ 7.5% - 8.0% ] 7.63% | 236 | $50,938 |
[ 8.0% - 8.5% ] 8.33% | 84 | $131,250 |
[ 8.5% - 9.0% ] 8.94% | 1,634 | $110,208 |
[ 10.5% - 11.0% ] 10.57% | 1,220 | $39,542 |