Spanish American vs Nicaraguan Median Family Income

The statistical analysis conducted on geographies consisting of 103,155,631 people shows a poor positive correlation between the proportion of Spanish Americans and median family income in the United States with a correlation coefficient (R) of 0.136 and weighted average of $90,322. Similarly, the statistical analysis conducted on geographies consisting of 285,560,176 people shows a substantial negative correlation between the proportion of Nicaraguans and median family income in the United States with a correlation coefficient (R) of -0.504 and weighted average of $92,231, a difference of 2.1%.

In terms of median family income, the demographic groups most similar to Spanish Americans are Immigrants from Micronesia ($90,345, a difference of 0.020%), Immigrants from Liberia ($90,450, a difference of 0.14%), Iroquois ($90,543, a difference of 0.24%), Immigrants from St. Vincent and the Grenadines ($90,094, a difference of 0.25%), and Jamaican ($90,581, a difference of 0.29%). Similarly, the demographic groups most similar to Nicaraguans are Immigrants from Laos ($92,239, a difference of 0.010%), American ($92,096, a difference of 0.15%), Osage ($91,926, a difference of 0.33%), Cape Verdean ($91,848, a difference of 0.42%), and Pennsylvania German ($91,763, a difference of 0.51%).