Spanish American Householder Income Under 25 years

The statistical analysis conducted on geographies consisting of 97,599,501 people shows a weak positive correlation between the proportion of Spanish Americans and household income with householder under the age of 25 in the United States with a correlation coefficient (R) of 0.248 and weighted average of $46,913. On average, for every 1% (one percent) increase in Spanish Americans within a typical geography, there is an increase of $1,669 in household income with householder under the age of 25.

It is essential to understand that the correlation between the percentage of Spanish Americans and household income with householder under the age of 25 does not imply a direct cause-and-effect relationship. It remains uncertain whether the presence of Spanish Americans influences an upward or downward trend in the level of household income with householder under the age of 25 within an area, or if Spanish Americans simply ended up residing in those areas with higher or lower levels of household income with householder under the age of 25 due to other factors.

In terms of householder income under 25 years, the demographic groups most similar to Spanish Americans are Hopi ($46,978, a difference of 0.14%), Sudanese ($46,982, a difference of 0.15%), African ($46,838, a difference of 0.16%), Crow ($47,012, a difference of 0.21%), and Chippewa ($47,015, a difference of 0.22%).