Spanish American Median Household Income
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Median Household Income
Spanish American Median Household Income
$75,386
HOUSEHOLD INCOME
0.2/ 100
METRIC RATING
277th/ 347
METRIC RANK
Spanish American Median Household Income Correlation Chart
The statistical analysis conducted on geographies consisting of 103,163,457 people shows a weak negative correlation between the proportion of Spanish Americans and median household income in the United States with a correlation coefficient (R) of -0.299 and weighted average of $75,386. On average, for every 1% (one percent) increase in Spanish Americans within a typical geography, there is a decrease of $1,134 in median household income.
It is essential to understand that the correlation between the percentage of Spanish Americans and median household income 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 median household income within an area, or if Spanish Americans simply ended up residing in those areas with higher or lower levels of median household income due to other factors.
Demographics Similar to Spanish Americans by Median Household Income
In terms of median household income, the demographic groups most similar to Spanish Americans are Immigrants from Latin America ($75,420, a difference of 0.040%), Osage ($75,240, a difference of 0.19%), Immigrants from Micronesia ($75,574, a difference of 0.25%), British West Indian ($75,647, a difference of 0.35%), and Immigrants from Guatemala ($75,123, a difference of 0.35%).
| Demographics | Rating | Rank | Median Household Income |
| Hmong | 0.3 /100 | #270 | Tragic $75,839 |
| Pennsylvania Germans | 0.3 /100 | #271 | Tragic $75,814 |
| Somalis | 0.3 /100 | #272 | Tragic $75,782 |
| Liberians | 0.2 /100 | #273 | Tragic $75,667 |
| British West Indians | 0.2 /100 | #274 | Tragic $75,647 |
| Immigrants from Micronesia | 0.2 /100 | #275 | Tragic $75,574 |
| Immigrants from Latin America | 0.2 /100 | #276 | Tragic $75,420 |
| Spanish Americans | 0.2 /100 | #277 | Tragic $75,386 |
| Osage | 0.2 /100 | #278 | Tragic $75,240 |
| Immigrants from Guatemala | 0.2 /100 | #279 | Tragic $75,123 |
| Senegalese | 0.2 /100 | #280 | Tragic $74,999 |
| Immigrants from Liberia | 0.1 /100 | #281 | Tragic $74,896 |
| Central American Indians | 0.1 /100 | #282 | Tragic $74,847 |
| Cree | 0.1 /100 | #283 | Tragic $74,685 |
| Yaqui | 0.1 /100 | #284 | Tragic $74,596 |
Spanish American Median Household Income Correlation Summary
| Measurement | Spanish American Data | Median Household Income Data |
| Minimum | 0.023% | $16,806 |
| Maximum | 28.3% | $105,648 |
| Range | 28.3% | $88,842 |
| Mean | 5.2% | $61,918 |
| Median | 3.6% | $63,227 |
| Interquartile 25% (IQ1) | 1.7% | $49,158 |
| Interquartile 75% (IQ3) | 7.0% | $74,166 |
| Interquartile Range (IQR) | 5.3% | $25,008 |
| Standard Deviation (Sample) | 5.4% | $20,311 |
| Standard Deviation (Population) | 5.3% | $20,122 |
Correlation Details
| Spanish American Percentile | Sample Size | Median Household Income |
[ 0.0% - 0.5% ] 0.023% | 92,626,671 | $79,854 |
[ 0.0% - 0.5% ] 0.17% | 5,518,927 | $84,204 |
[ 0.0% - 0.5% ] 0.31% | 1,685,599 | $71,662 |
[ 0.0% - 0.5% ] 0.44% | 1,672,122 | $74,166 |
[ 0.5% - 1.0% ] 0.55% | 466,216 | $66,420 |
[ 0.5% - 1.0% ] 0.68% | 294,802 | $76,404 |
[ 0.5% - 1.0% ] 0.80% | 228,370 | $69,992 |
[ 0.5% - 1.0% ] 0.95% | 73,627 | $74,900 |
[ 1.0% - 1.5% ] 1.05% | 169,772 | $70,142 |
[ 1.0% - 1.5% ] 1.21% | 110,379 | $63,286 |
[ 1.0% - 1.5% ] 1.31% | 45,172 | $70,587 |
[ 1.0% - 1.5% ] 1.43% | 63,242 | $67,914 |
[ 1.5% - 2.0% ] 1.59% | 38,705 | $72,992 |
[ 1.5% - 2.0% ] 1.69% | 11,418 | $39,945 |
[ 1.5% - 2.0% ] 1.78% | 25,218 | $49,814 |
[ 1.5% - 2.0% ] 1.94% | 2,266 | $42,230 |
[ 2.0% - 2.5% ] 2.09% | 13,673 | $94,934 |
[ 2.0% - 2.5% ] 2.21% | 15,905 | $76,349 |
[ 2.0% - 2.5% ] 2.32% | 9,784 | $62,028 |
[ 2.5% - 3.0% ] 2.58% | 9,165 | $42,160 |
[ 2.5% - 3.0% ] 2.75% | 1,019 | $55,560 |
[ 2.5% - 3.0% ] 2.82% | 7,866 | $56,962 |
[ 2.5% - 3.0% ] 2.96% | 5,571 | $44,592 |
[ 3.0% - 3.5% ] 3.11% | 7,203 | $72,088 |
[ 3.0% - 3.5% ] 3.16% | 411 | $26,339 |
[ 3.0% - 3.5% ] 3.29% | 3,647 | $79,002 |
[ 3.0% - 3.5% ] 3.44% | 6,781 | $71,203 |
[ 3.5% - 4.0% ] 3.69% | 461 | $51,042 |
[ 3.5% - 4.0% ] 3.98% | 3,818 | $63,256 |
[ 4.0% - 4.5% ] 4.05% | 4,347 | $97,063 |
[ 4.0% - 4.5% ] 4.20% | 1,953 | $79,000 |
[ 4.5% - 5.0% ] 4.73% | 2,496 | $38,263 |
[ 4.5% - 5.0% ] 4.99% | 2,344 | $64,447 |
[ 5.0% - 5.5% ] 5.21% | 2,398 | $100,875 |
[ 5.0% - 5.5% ] 5.31% | 621 | $43,750 |
[ 5.0% - 5.5% ] 5.42% | 4,224 | $35,543 |
[ 5.5% - 6.0% ] 5.65% | 2,955 | $61,250 |
[ 5.5% - 6.0% ] 5.86% | 5,156 | $105,648 |
[ 6.0% - 6.5% ] 6.09% | 739 | $50,415 |
[ 6.5% - 7.0% ] 6.84% | 3,217 | $63,199 |
[ 6.5% - 7.0% ] 6.98% | 516 | $56,397 |
[ 7.0% - 7.5% ] 7.40% | 1,067 | $56,628 |
[ 8.0% - 8.5% ] 8.33% | 24 | $16,806 |
[ 8.5% - 9.0% ] 8.53% | 1,055 | $67,147 |
[ 8.5% - 9.0% ] 8.83% | 634 | $28,639 |
[ 9.0% - 9.5% ] 9.09% | 2,806 | $62,268 |
[ 9.0% - 9.5% ] 9.33% | 2,445 | $49,158 |
[ 9.5% - 10.0% ] 9.65% | 228 | $91,667 |
[ 10.0% - 10.5% ] 10.46% | 2,179 | $53,047 |
[ 11.0% - 11.5% ] 11.06% | 235 | $42,813 |
[ 15.0% - 15.5% ] 15.23% | 1,504 | $99,127 |
[ 17.5% - 18.0% ] 17.56% | 427 | $49,943 |
[ 19.5% - 20.0% ] 19.79% | 1,950 | $21,422 |
[ 28.0% - 28.5% ] 28.35% | 127 | $39,028 |