Korean vs Immigrants from Italy Median Family Income

The statistical analysis conducted on geographies consisting of 510,104,547 people shows a mild negative correlation between the proportion of Koreans and median family income in the United States with a correlation coefficient (R) of -0.308 and weighted average of $110,103. Similarly, the statistical analysis conducted on geographies consisting of 324,100,619 people shows a substantial negative correlation between the proportion of Immigrants from Italy and median family income in the United States with a correlation coefficient (R) of -0.528 and weighted average of $112,848, a difference of 2.5%.

In terms of median family income, the demographic groups most similar to Koreans are Immigrants from Kazakhstan ($110,137, a difference of 0.030%), Immigrants from Lebanon ($110,159, a difference of 0.050%), Immigrants from Southern Europe ($110,614, a difference of 0.46%), Northern European ($110,635, a difference of 0.48%), and Immigrants from Argentina ($110,873, a difference of 0.70%). Similarly, the demographic groups most similar to Immigrants from Italy are Immigrants from Western Europe ($112,688, a difference of 0.14%), Argentinean ($112,665, a difference of 0.16%), Immigrants from Eastern Europe ($112,527, a difference of 0.29%), Immigrants from Canada ($112,374, a difference of 0.42%), and Italian ($112,372, a difference of 0.42%).