Australian vs Immigrants from Latin America Median Family Income

The statistical analysis conducted on geographies consisting of 223,969,343 people shows no correlation between the proportion of Australians and median family income in the United States with a correlation coefficient (R) of -0.033 and weighted average of $118,440. Similarly, the statistical analysis conducted on geographies consisting of 557,337,898 people shows a strong negative correlation between the proportion of Immigrants from Latin America and median family income in the United States with a correlation coefficient (R) of -0.711 and weighted average of $86,989, a difference of 36.1%.

Median Family Income Correlation Summary

Measurement	Australian	Immigrants from Latin America
Minimum	$44,219	$39,785
Maximum	$250,001	$110,302
Range	$205,782	$70,517
Mean	$120,063	$77,259
Median	$107,342	$76,749
Interquartile 25% (IQ1)	$85,865	$66,005
Interquartile 75% (IQ3)	$139,651	$88,129
Interquartile Range (IQR)	$53,786	$22,124
Standard Deviation (Sample)	$45,096	$15,813
Standard Deviation (Population)	$44,699	$15,756

Similar Demographics by Median Family Income

Demographics Similar to Australians by Median Family Income

In terms of median family income, the demographic groups most similar to Australians are Immigrants from Turkey ($118,325, a difference of 0.10%), Israeli ($118,577, a difference of 0.12%), Immigrants from Asia ($118,291, a difference of 0.13%), Immigrants from Lithuania ($118,053, a difference of 0.33%), and Estonian ($118,013, a difference of 0.36%).

Demographics	Rating \| Rank	Median Family Income
Immigrants \| Sri Lanka	100.0 /100 \| #30	Exceptional $120,263
Immigrants \| France	100.0 /100 \| #31	Exceptional $120,076
Asians	100.0 /100 \| #32	Exceptional $119,955
Bhutanese	100.0 /100 \| #33	Exceptional $119,800
Bolivians	100.0 /100 \| #34	Exceptional $119,479
Soviet Union	100.0 /100 \| #35	Exceptional $119,262
Israelis	100.0 /100 \| #36	Exceptional $118,577
Australians	100.0 /100 \| #37	Exceptional $118,440
Immigrants \| Turkey	100.0 /100 \| #38	Exceptional $118,325
Immigrants \| Asia	100.0 /100 \| #39	Exceptional $118,291
Immigrants \| Lithuania	100.0 /100 \| #40	Exceptional $118,053
Estonians	100.0 /100 \| #41	Exceptional $118,013
Immigrants \| Bolivia	100.0 /100 \| #42	Exceptional $117,912
Bulgarians	100.0 /100 \| #43	Exceptional $117,818
Cambodians	100.0 /100 \| #44	Exceptional $117,780

Demographics Similar to Immigrants from Latin America by Median Family Income

In terms of median family income, the demographic groups most similar to Immigrants from Latin America are Chippewa ($86,852, a difference of 0.16%), Cajun ($87,157, a difference of 0.19%), Immigrants from Guatemala ($87,191, a difference of 0.23%), Yaqui ($87,289, a difference of 0.34%), and Fijian ($87,387, a difference of 0.46%).

Demographics	Rating \| Rank	Median Family Income
Immigrants \| Cabo Verde	0.1 /100 \| #291	Tragic $87,830
Africans	0.1 /100 \| #292	Tragic $87,820
Ute	0.0 /100 \| #293	Tragic $87,596
Fijians	0.0 /100 \| #294	Tragic $87,387
Yaqui	0.0 /100 \| #295	Tragic $87,289
Immigrants \| Guatemala	0.0 /100 \| #296	Tragic $87,191
Cajuns	0.0 /100 \| #297	Tragic $87,157
Immigrants \| Latin America	0.0 /100 \| #298	Tragic $86,989
Chippewa	0.0 /100 \| #299	Tragic $86,852
Ottawa	0.0 /100 \| #300	Tragic $86,380
Colville	0.0 /100 \| #301	Tragic $85,792
Spanish American Indians	0.0 /100 \| #302	Tragic $85,728
Hispanics or Latinos	0.0 /100 \| #303	Tragic $85,647
Mexicans	0.0 /100 \| #304	Tragic $85,618
Paiute	0.0 /100 \| #305	Tragic $85,414