Australian vs Korean Median Household Income
COMPARE
Australian
Korean
Median Household Income
Median Household Income Comparison
Australians
Koreans
$96,490
MEDIAN HOUSEHOLD INCOME
99.9/ 100
METRIC RATING
46th/ 347
METRIC RANK
$95,018
MEDIAN HOUSEHOLD INCOME
99.8/ 100
METRIC RATING
60th/ 347
METRIC RANK
Australian vs Korean Median Household Income Correlation Chart
The statistical analysis conducted on geographies consisting of 223,978,576 people shows a moderate negative correlation between the proportion of Australians and median household income in the United States with a correlation coefficient (R) of -0.489 and weighted average of $96,490. Similarly, the statistical analysis conducted on geographies consisting of 510,219,050 people shows a weak negative correlation between the proportion of Koreans and median household income in the United States with a correlation coefficient (R) of -0.275 and weighted average of $95,018, a difference of 1.5%.
Median Household Income Correlation Summary
| Measurement | Australian | Korean |
| Minimum | $30,714 | $52,792 |
| Maximum | $166,528 | $125,300 |
| Range | $135,814 | $72,508 |
| Mean | $91,180 | $95,651 |
| Median | $88,142 | $97,407 |
| Interquartile 25% (IQ1) | $68,506 | $87,266 |
| Interquartile 75% (IQ3) | $103,837 | $109,366 |
| Interquartile Range (IQR) | $35,331 | $22,100 |
| Standard Deviation (Sample) | $30,330 | $17,558 |
| Standard Deviation (Population) | $30,047 | $17,478 |
Demographics Similar to Australians and Koreans by Median Household Income
In terms of median household income, the demographic groups most similar to Australians are Israeli ($96,552, a difference of 0.060%), Immigrants from Russia ($96,378, a difference of 0.12%), Cambodian ($96,324, a difference of 0.17%), Immigrants from Greece ($96,675, a difference of 0.19%), and Immigrants from Malaysia ($96,292, a difference of 0.21%). Similarly, the demographic groups most similar to Koreans are Immigrants from Europe ($95,032, a difference of 0.020%), Laotian ($94,990, a difference of 0.030%), Soviet Union ($95,098, a difference of 0.080%), New Zealander ($95,146, a difference of 0.13%), and Immigrants from Norway ($94,846, a difference of 0.18%).
| Demographics | Rating | Rank | Median Household Income |
| Immigrants | France | 99.9 /100 | #43 | Exceptional $96,743 |
| Immigrants | Greece | 99.9 /100 | #44 | Exceptional $96,675 |
| Israelis | 99.9 /100 | #45 | Exceptional $96,552 |
| Australians | 99.9 /100 | #46 | Exceptional $96,490 |
| Immigrants | Russia | 99.9 /100 | #47 | Exceptional $96,378 |
| Cambodians | 99.9 /100 | #48 | Exceptional $96,324 |
| Immigrants | Malaysia | 99.9 /100 | #49 | Exceptional $96,292 |
| Bulgarians | 99.9 /100 | #50 | Exceptional $96,290 |
| Estonians | 99.9 /100 | #51 | Exceptional $95,930 |
| Immigrants | South Africa | 99.9 /100 | #52 | Exceptional $95,800 |
| Paraguayans | 99.9 /100 | #53 | Exceptional $95,737 |
| Egyptians | 99.9 /100 | #54 | Exceptional $95,673 |
| Immigrants | Czechoslovakia | 99.9 /100 | #55 | Exceptional $95,319 |
| Immigrants | Austria | 99.9 /100 | #56 | Exceptional $95,277 |
| New Zealanders | 99.8 /100 | #57 | Exceptional $95,146 |
| Soviet Union | 99.8 /100 | #58 | Exceptional $95,098 |
| Immigrants | Europe | 99.8 /100 | #59 | Exceptional $95,032 |
| Koreans | 99.8 /100 | #60 | Exceptional $95,018 |
| Laotians | 99.8 /100 | #61 | Exceptional $94,990 |
| Immigrants | Norway | 99.8 /100 | #62 | Exceptional $94,846 |
| Greeks | 99.8 /100 | #63 | Exceptional $94,735 |