Paraguayan Median Family Income
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Paraguayan
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Median Family Income
Paraguayan Median Family Income
$104,803
FAMILY INCOME
65.8/ 100
METRIC RATING
66th/ 347
METRIC RANK
Paraguayan Median Family Income Correlation Chart
The statistical analysis conducted on geographies consisting of 95,913,098 people shows a weak positive correlation between the proportion of Paraguayans and median family income in the United States with a correlation coefficient (R) of 0.273 and weighted average of $104,803. On average, for every 1% (one percent) increase in Paraguayans within a typical geography, there is an increase of $6,439 in median family income.
It is essential to understand that the correlation between the percentage of Paraguayans and median family income does not imply a direct cause-and-effect relationship. It remains uncertain whether the presence of Paraguayans influences an upward or downward trend in the level of median family income within an area, or if Paraguayans simply ended up residing in those areas with higher or lower levels of median family income due to other factors.
Demographics Similar to Paraguayans by Median Family Income
In terms of median family income, the demographic groups most similar to Paraguayans are Immigrants from Latvia ($104,715, a difference of 0.080%), Immigrants from Hungary ($104,904, a difference of 0.10%), Immigrants from Indonesia ($104,455, a difference of 0.33%), Immigrants from Austria ($104,390, a difference of 0.40%), and Immigrants from Southern Europe ($104,382, a difference of 0.40%).
| Demographics | Rating | Rank | Median Family Income |
| Immigrants from Belarus | 67.1 /100 | #59 | Good $105,643 |
| Immigrants from Pakistan | 66.9 /100 | #60 | Good $105,534 |
| Immigrants from Spain | 66.9 /100 | #61 | Good $105,516 |
| Austrians | 66.8 /100 | #62 | Good $105,488 |
| Immigrants from South Africa | 66.7 /100 | #63 | Good $105,434 |
| Immigrants from Serbia | 66.7 /100 | #64 | Good $105,395 |
| Immigrants from Hungary | 65.9 /100 | #65 | Good $104,904 |
| Paraguayans | 65.8 /100 | #66 | Good $104,803 |
| Immigrants from Latvia | 65.6 /100 | #67 | Good $104,715 |
| Immigrants from Indonesia | 65.2 /100 | #68 | Good $104,455 |
| Immigrants from Austria | 65.1 /100 | #69 | Good $104,390 |
| Immigrants from Southern Europe | 65.1 /100 | #70 | Good $104,382 |
| Immigrants from Norway | 65.0 /100 | #71 | Good $104,285 |
| Northern Europeans | 64.7 /100 | #72 | Good $104,142 |
| Immigrants from Romania | 64.5 /100 | #73 | Good $104,003 |
Paraguayan Median Family Income Correlation Summary
| Measurement | Paraguayan Data | Median Family Income Data |
| Minimum | 0.0098% | $47,625 |
| Maximum | 7.6% | $218,152 |
| Range | 7.6% | $170,527 |
| Mean | 1.6% | $112,106 |
| Median | 1.1% | $109,474 |
| Interquartile 25% (IQ1) | 0.53% | $85,923 |
| Interquartile 75% (IQ3) | 1.9% | $122,780 |
| Interquartile Range (IQR) | 1.4% | $36,857 |
| Standard Deviation (Sample) | 1.7% | $39,463 |
| Standard Deviation (Population) | 1.7% | $39,109 |
Correlation Details
| Paraguayan Percentile | Sample Size | Median Family Income |
[ 0.0% - 0.5% ] 0.0098% | 62,237,610 | $88,622 |
[ 0.0% - 0.5% ] 0.050% | 19,838,265 | $88,358 |
[ 0.0% - 0.5% ] 0.092% | 4,462,669 | $101,610 |
[ 0.0% - 0.5% ] 0.13% | 1,972,056 | $113,637 |
[ 0.0% - 0.5% ] 0.17% | 1,745,824 | $116,718 |
[ 0.0% - 0.5% ] 0.21% | 1,288,376 | $95,143 |
[ 0.0% - 0.5% ] 0.24% | 978,114 | $110,170 |
[ 0.0% - 0.5% ] 0.28% | 688,306 | $109,239 |
[ 0.0% - 0.5% ] 0.33% | 487,186 | $116,282 |
[ 0.0% - 0.5% ] 0.36% | 219,640 | $121,611 |
[ 0.0% - 0.5% ] 0.40% | 278,849 | $110,205 |
[ 0.0% - 0.5% ] 0.44% | 179,422 | $96,144 |
[ 0.0% - 0.5% ] 0.47% | 255,543 | $117,305 |
[ 0.5% - 1.0% ] 0.51% | 118,352 | $91,679 |
[ 0.5% - 1.0% ] 0.56% | 48,202 | $115,684 |
[ 0.5% - 1.0% ] 0.59% | 182,823 | $110,057 |
[ 0.5% - 1.0% ] 0.62% | 73,513 | $109,710 |
[ 0.5% - 1.0% ] 0.66% | 61,714 | $132,515 |
[ 0.5% - 1.0% ] 0.70% | 80,546 | $123,950 |
[ 0.5% - 1.0% ] 0.73% | 73,392 | $110,915 |
[ 0.5% - 1.0% ] 0.76% | 63,560 | $82,292 |
[ 0.5% - 1.0% ] 0.82% | 19,931 | $202,609 |
[ 0.5% - 1.0% ] 0.85% | 52,476 | $90,122 |
[ 0.5% - 1.0% ] 0.93% | 48,581 | $143,360 |
[ 0.5% - 1.0% ] 0.97% | 87,682 | $73,213 |
[ 1.0% - 1.5% ] 1.01% | 24,530 | $126,645 |
[ 1.0% - 1.5% ] 1.05% | 45,169 | $74,942 |
[ 1.0% - 1.5% ] 1.08% | 41,649 | $201,141 |
[ 1.0% - 1.5% ] 1.10% | 53,929 | $84,327 |
[ 1.0% - 1.5% ] 1.15% | 6,182 | $79,442 |
[ 1.0% - 1.5% ] 1.20% | 665 | $108,750 |
[ 1.0% - 1.5% ] 1.24% | 19,878 | $116,158 |
[ 1.0% - 1.5% ] 1.31% | 5,176 | $111,176 |
[ 1.0% - 1.5% ] 1.33% | 28,179 | $92,243 |
[ 1.0% - 1.5% ] 1.39% | 2,299 | $112,188 |
[ 1.0% - 1.5% ] 1.44% | 28,795 | $94,889 |
[ 1.5% - 2.0% ] 1.52% | 722 | $51,111 |
[ 1.5% - 2.0% ] 1.68% | 2,089 | $47,625 |
[ 1.5% - 2.0% ] 1.76% | 2,324 | $84,253 |
[ 1.5% - 2.0% ] 1.81% | 3,432 | $165,806 |
[ 1.5% - 2.0% ] 1.83% | 1,149 | $64,044 |
[ 1.5% - 2.0% ] 1.86% | 5,654 | $71,924 |
[ 1.5% - 2.0% ] 1.91% | 1,361 | $65,875 |
[ 1.5% - 2.0% ] 1.98% | 23,593 | $147,395 |
[ 2.0% - 2.5% ] 2.02% | 1,885 | $163,893 |
[ 2.0% - 2.5% ] 2.15% | 7,596 | $167,228 |
[ 2.0% - 2.5% ] 2.29% | 13,108 | $87,520 |
[ 2.0% - 2.5% ] 2.38% | 1,091 | $62,500 |
[ 2.0% - 2.5% ] 2.50% | 4,961 | $81,469 |
[ 2.5% - 3.0% ] 2.61% | 4,749 | $94,238 |
[ 2.5% - 3.0% ] 2.89% | 7,473 | $192,690 |
[ 5.5% - 6.0% ] 5.78% | 225 | $79,375 |
[ 5.5% - 6.0% ] 5.99% | 7,862 | $218,152 |
[ 6.0% - 6.5% ] 6.07% | 7,754 | $212,391 |
[ 6.0% - 6.5% ] 6.19% | 1,001 | $140,385 |
[ 7.5% - 8.0% ] 7.57% | 15,986 | $106,985 |