American vs Somali Median Household Income

The statistical analysis conducted on geographies consisting of 580,584,472 people shows a significant negative correlation between the proportion of Americans and median household income in the United States with a correlation coefficient (R) of -0.603 and weighted average of $75,932. Similarly, the statistical analysis conducted on geographies consisting of 99,284,368 people shows a significant negative correlation between the proportion of Somalis and median household income in the United States with a correlation coefficient (R) of -0.647 and weighted average of $75,782, a difference of 0.20%.

In terms of median household income, the demographic groups most similar to Americans are Immigrants from Belize ($75,938, a difference of 0.010%), Guatemalan ($75,961, a difference of 0.040%), German Russian ($75,856, a difference of 0.10%), Immigrants from Jamaica ($75,851, a difference of 0.11%), and Cape Verdean ($75,848, a difference of 0.11%). Similarly, the demographic groups most similar to Somalis are Pennsylvania German ($75,814, a difference of 0.040%), Hmong ($75,839, a difference of 0.080%), Immigrants from Jamaica ($75,851, a difference of 0.090%), Cape Verdean ($75,848, a difference of 0.090%), and German Russian ($75,856, a difference of 0.10%).