Nicaraguan Median Household Income
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Nicaraguan
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Median Household Income
Nicaraguan Median Household Income
$79,737
HOUSEHOLD INCOME
3.1/ 100
METRIC RATING
237th/ 347
METRIC RANK
Nicaraguan Median Household Income Correlation Chart
The statistical analysis conducted on geographies consisting of 285,567,751 people shows a moderate negative correlation between the proportion of Nicaraguans and median household income in the United States with a correlation coefficient (R) of -0.455 and weighted average of $79,737. On average, for every 1% (one percent) increase in Nicaraguans within a typical geography, there is a decrease of $1,654 in median household income.
It is essential to understand that the correlation between the percentage of Nicaraguans and median household income does not imply a direct cause-and-effect relationship. It remains uncertain whether the presence of Nicaraguans influences an upward or downward trend in the level of median household income within an area, or if Nicaraguans simply ended up residing in those areas with higher or lower levels of median household income due to other factors.
Demographics Similar to Nicaraguans by Median Household Income
In terms of median household income, the demographic groups most similar to Nicaraguans are Barbadian ($79,664, a difference of 0.090%), Immigrants from Bosnia and Herzegovina ($79,888, a difference of 0.19%), Alaska Native ($79,509, a difference of 0.29%), Immigrants from Western Africa ($79,490, a difference of 0.31%), and Nonimmigrants ($79,429, a difference of 0.39%).
| Demographics | Rating | Rank | Median Household Income |
| Bermudans | 4.7 /100 | #230 | Tragic $80,406 |
| Trinidadians and Tobagonians | 4.7 /100 | #231 | Tragic $80,402 |
| Immigrants from Trinidad and Tobago | 4.6 /100 | #232 | Tragic $80,373 |
| Immigrants from the Azores | 4.5 /100 | #233 | Tragic $80,357 |
| Immigrants from Ecuador | 4.5 /100 | #234 | Tragic $80,341 |
| Immigrants from Guyana | 4.5 /100 | #235 | Tragic $80,324 |
| Immigrants from Bosnia and Herzegovina | 3.4 /100 | #236 | Tragic $79,888 |
| Nicaraguans | 3.1 /100 | #237 | Tragic $79,737 |
| Barbadians | 3.0 /100 | #238 | Tragic $79,664 |
| Alaska Natives | 2.7 /100 | #239 | Tragic $79,509 |
| Immigrants from Western Africa | 2.7 /100 | #240 | Tragic $79,490 |
| Nonimmigrants | 2.6 /100 | #241 | Tragic $79,429 |
| Immigrants from Sudan | 2.1 /100 | #242 | Tragic $79,103 |
| Immigrants from Barbados | 1.9 /100 | #243 | Tragic $78,989 |
| Marshallese | 1.9 /100 | #244 | Tragic $78,930 |
Nicaraguan Median Household Income Correlation Summary
| Measurement | Nicaraguan Data | Median Household Income Data |
| Minimum | 0.071% | $29,878 |
| Maximum | 32.9% | $129,595 |
| Range | 32.8% | $99,717 |
| Mean | 6.5% | $70,971 |
| Median | 5.6% | $72,218 |
| Interquartile 25% (IQ1) | 2.8% | $56,639 |
| Interquartile 75% (IQ3) | 8.4% | $85,047 |
| Interquartile Range (IQR) | 5.6% | $28,408 |
| Standard Deviation (Sample) | 5.4% | $19,770 |
| Standard Deviation (Population) | 5.4% | $19,624 |
Correlation Details
| Nicaraguan Percentile | Sample Size | Median Household Income |
[ 0.0% - 0.5% ] 0.071% | 178,685,707 | $81,166 |
[ 0.0% - 0.5% ] 0.24% | 49,062,870 | $86,303 |
[ 0.0% - 0.5% ] 0.40% | 23,749,741 | $87,600 |
[ 0.5% - 1.0% ] 0.56% | 9,785,144 | $86,762 |
[ 0.5% - 1.0% ] 0.73% | 5,905,602 | $81,577 |
[ 0.5% - 1.0% ] 0.90% | 4,649,537 | $94,440 |
[ 1.0% - 1.5% ] 1.07% | 2,205,053 | $74,694 |
[ 1.0% - 1.5% ] 1.22% | 2,074,433 | $84,156 |
[ 1.0% - 1.5% ] 1.39% | 1,565,768 | $81,344 |
[ 1.5% - 2.0% ] 1.56% | 1,007,749 | $87,789 |
[ 1.5% - 2.0% ] 1.74% | 474,428 | $72,375 |
[ 1.5% - 2.0% ] 1.89% | 914,193 | $88,415 |
[ 2.0% - 2.5% ] 2.04% | 427,526 | $85,938 |
[ 2.0% - 2.5% ] 2.24% | 500,205 | $70,152 |
[ 2.0% - 2.5% ] 2.36% | 411,420 | $100,393 |
[ 2.5% - 3.0% ] 2.53% | 411,448 | $81,044 |
[ 2.5% - 3.0% ] 2.67% | 195,945 | $91,334 |
[ 2.5% - 3.0% ] 2.88% | 130,164 | $69,909 |
[ 3.0% - 3.5% ] 3.04% | 56,882 | $76,243 |
[ 3.0% - 3.5% ] 3.20% | 217,461 | $68,836 |
[ 3.0% - 3.5% ] 3.41% | 112,426 | $129,595 |
[ 3.5% - 4.0% ] 3.53% | 268,454 | $74,516 |
[ 3.5% - 4.0% ] 3.69% | 72,714 | $56,244 |
[ 3.5% - 4.0% ] 3.88% | 164,477 | $76,328 |
[ 4.0% - 4.5% ] 4.06% | 121,587 | $72,550 |
[ 4.0% - 4.5% ] 4.25% | 57,397 | $113,642 |
[ 4.0% - 4.5% ] 4.36% | 150,561 | $57,034 |
[ 4.5% - 5.0% ] 4.54% | 381,917 | $60,888 |
[ 4.5% - 5.0% ] 4.69% | 81,449 | $76,816 |
[ 4.5% - 5.0% ] 4.84% | 52,719 | $80,612 |
[ 5.0% - 5.5% ] 5.08% | 34,628 | $67,769 |
[ 5.0% - 5.5% ] 5.18% | 80,975 | $64,699 |
[ 5.0% - 5.5% ] 5.37% | 39,581 | $54,288 |
[ 5.5% - 6.0% ] 5.52% | 1,287 | $50,486 |
[ 5.5% - 6.0% ] 5.66% | 73,148 | $66,958 |
[ 5.5% - 6.0% ] 5.85% | 49,851 | $65,127 |
[ 6.0% - 6.5% ] 6.02% | 82,658 | $73,441 |
[ 6.0% - 6.5% ] 6.09% | 59,115 | $76,019 |
[ 6.0% - 6.5% ] 6.32% | 94,134 | $60,149 |
[ 6.0% - 6.5% ] 6.48% | 443,665 | $54,858 |
[ 6.5% - 7.0% ] 6.69% | 81,226 | $57,414 |
[ 6.5% - 7.0% ] 6.88% | 1,018 | $38,583 |
[ 7.0% - 7.5% ] 7.00% | 14,727 | $91,129 |
[ 7.0% - 7.5% ] 7.12% | 1,194 | $64,928 |
[ 7.0% - 7.5% ] 7.32% | 18,719 | $106,510 |
[ 7.0% - 7.5% ] 7.42% | 58,131 | $47,627 |
[ 7.5% - 8.0% ] 7.65% | 35,034 | $88,577 |
[ 7.5% - 8.0% ] 7.75% | 284 | $52,292 |
[ 8.0% - 8.5% ] 8.01% | 101,807 | $72,061 |
[ 8.0% - 8.5% ] 8.15% | 2,379 | $96,024 |
[ 8.0% - 8.5% ] 8.27% | 73,842 | $64,820 |
[ 8.5% - 9.0% ] 8.52% | 270 | $80,625 |
[ 8.5% - 9.0% ] 8.58% | 46,911 | $38,531 |
[ 8.5% - 9.0% ] 8.74% | 14,698 | $42,490 |
[ 9.0% - 9.5% ] 9.19% | 59,121 | $35,589 |
[ 9.0% - 9.5% ] 9.33% | 34,335 | $55,230 |
[ 10.0% - 10.5% ] 10.36% | 2,549 | $92,250 |
[ 10.5% - 11.0% ] 10.62% | 1,083 | $79,063 |
[ 11.0% - 11.5% ] 11.07% | 867 | $71,964 |
[ 11.5% - 12.0% ] 11.53% | 34,742 | $35,185 |
[ 11.5% - 12.0% ] 11.93% | 41,056 | $58,875 |
[ 12.5% - 13.0% ] 12.54% | 54,873 | $37,370 |
[ 12.5% - 13.0% ] 12.92% | 12,069 | $45,944 |
[ 13.0% - 13.5% ] 13.02% | 630 | $46,354 |
[ 13.5% - 14.0% ] 13.65% | 740 | $69,931 |
[ 20.5% - 21.0% ] 20.70% | 19,399 | $53,159 |
[ 20.5% - 21.0% ] 20.96% | 334 | $91,122 |
[ 32.5% - 33.0% ] 32.88% | 1,694 | $29,878 |