Immigrants from Korea Median Family Income
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Immigrants from Korea
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Median Family Income
Immigrants from Korea Median Family Income
$122,800
FAMILY INCOME
100.0/ 100
METRIC RATING
21st/ 347
METRIC RANK
Immigrants from Korea Median Family Income Correlation Chart
The statistical analysis conducted on geographies consisting of 415,814,318 people shows a slight negative correlation between the proportion of Immigrants from Korea and median family income in the United States with a correlation coefficient (R) of -0.062 and weighted average of $122,800. On average, for every 1% (one percent) increase in Immigrants from Korea within a typical geography, there is a decrease of $355 in median family income.
It is essential to understand that the correlation between the percentage of Immigrants from Korea and median family income does not imply a direct cause-and-effect relationship. It remains uncertain whether the presence of Immigrants from Korea influences an upward or downward trend in the level of median family income within an area, or if Immigrants from Korea simply ended up residing in those areas with higher or lower levels of median family income due to other factors.
Demographics Similar to Immigrants from Korea by Median Family Income
In terms of median family income, the demographic groups most similar to Immigrants from Korea are Immigrants from Sweden ($122,765, a difference of 0.030%), Immigrants from Japan ($122,764, a difference of 0.030%), Burmese ($123,369, a difference of 0.46%), Immigrants from Northern Europe ($121,840, a difference of 0.79%), and Immigrants from Belgium ($123,831, a difference of 0.84%).
| Demographics | Rating | Rank | Median Family Income |
| Immigrants from South Central Asia | 100.0 /100 | #14 | Exceptional $125,956 |
| Eastern Europeans | 100.0 /100 | #15 | Exceptional $125,546 |
| Immigrants from China | 100.0 /100 | #16 | Exceptional $125,540 |
| Indians (Asian) | 100.0 /100 | #17 | Exceptional $125,312 |
| Immigrants from Eastern Asia | 100.0 /100 | #18 | Exceptional $125,150 |
| Immigrants from Belgium | 100.0 /100 | #19 | Exceptional $123,831 |
| Burmese | 100.0 /100 | #20 | Exceptional $123,369 |
| Immigrants from Korea | 100.0 /100 | #21 | Exceptional $122,800 |
| Immigrants from Sweden | 100.0 /100 | #22 | Exceptional $122,765 |
| Immigrants from Japan | 100.0 /100 | #23 | Exceptional $122,764 |
| Immigrants from Northern Europe | 100.0 /100 | #24 | Exceptional $121,840 |
| Turks | 100.0 /100 | #25 | Exceptional $121,202 |
| Immigrants from Switzerland | 100.0 /100 | #26 | Exceptional $120,726 |
| Russians | 100.0 /100 | #27 | Exceptional $120,487 |
| Immigrants from Denmark | 100.0 /100 | #28 | Exceptional $120,445 |
Immigrants from Korea Median Family Income Correlation Summary
| Measurement | Immigrants from Korea Data | Median Family Income Data |
| Minimum | 0.13% | $49,182 |
| Maximum | 39.4% | $250,001 |
| Range | 39.3% | $200,819 |
| Mean | 10.9% | $138,061 |
| Median | 9.4% | $133,220 |
| Interquartile 25% (IQ1) | 4.7% | $110,996 |
| Interquartile 75% (IQ3) | 15.6% | $156,101 |
| Interquartile Range (IQR) | 10.9% | $45,105 |
| Standard Deviation (Sample) | 8.3% | $47,393 |
| Standard Deviation (Population) | 8.2% | $46,996 |
Correlation Details
| Immigrants from Korea Percentile | Sample Size | Median Family Income |
[ 0.0% - 0.5% ] 0.13% | 262,187,019 | $92,380 |
[ 0.0% - 0.5% ] 0.45% | 78,264,692 | $111,207 |
[ 0.5% - 1.0% ] 0.76% | 29,250,585 | $131,353 |
[ 1.0% - 1.5% ] 1.07% | 15,784,936 | $135,087 |
[ 1.0% - 1.5% ] 1.37% | 7,645,568 | $145,509 |
[ 1.5% - 2.0% ] 1.78% | 7,700,488 | $121,166 |
[ 1.5% - 2.0% ] 1.99% | 3,156,842 | $143,744 |
[ 2.0% - 2.5% ] 2.32% | 1,945,366 | $147,911 |
[ 2.5% - 3.0% ] 2.66% | 1,743,266 | $139,681 |
[ 2.5% - 3.0% ] 2.96% | 1,387,653 | $135,742 |
[ 3.0% - 3.5% ] 3.28% | 959,798 | $145,008 |
[ 3.5% - 4.0% ] 3.60% | 604,542 | $150,679 |
[ 3.5% - 4.0% ] 3.93% | 452,859 | $137,449 |
[ 4.0% - 4.5% ] 4.20% | 497,890 | $164,221 |
[ 4.5% - 5.0% ] 4.51% | 586,487 | $148,718 |
[ 4.5% - 5.0% ] 4.83% | 482,992 | $126,145 |
[ 5.0% - 5.5% ] 5.12% | 204,258 | $124,742 |
[ 5.0% - 5.5% ] 5.45% | 233,308 | $167,591 |
[ 5.5% - 6.0% ] 5.76% | 262,197 | $120,651 |
[ 6.0% - 6.5% ] 6.05% | 183,907 | $160,688 |
[ 6.0% - 6.5% ] 6.33% | 199,102 | $137,068 |
[ 6.5% - 7.0% ] 6.79% | 164,008 | $128,768 |
[ 6.5% - 7.0% ] 6.96% | 87,480 | $159,293 |
[ 7.0% - 7.5% ] 7.37% | 93,669 | $107,307 |
[ 7.5% - 8.0% ] 7.69% | 228,245 | $122,811 |
[ 7.5% - 8.0% ] 7.91% | 170,007 | $156,517 |
[ 8.0% - 8.5% ] 8.21% | 237,743 | $101,413 |
[ 8.5% - 9.0% ] 8.56% | 189,781 | $144,451 |
[ 8.5% - 9.0% ] 8.85% | 148,339 | $80,309 |
[ 9.0% - 9.5% ] 9.16% | 52,145 | $147,747 |
[ 9.5% - 10.0% ] 9.62% | 31,066 | $149,407 |
[ 9.5% - 10.0% ] 9.69% | 98,267 | $155,685 |
[ 10.0% - 10.5% ] 10.25% | 37,647 | $95,438 |
[ 10.5% - 11.0% ] 10.56% | 142 | $50,000 |
[ 11.0% - 11.5% ] 11.09% | 56,628 | $49,182 |
[ 11.0% - 11.5% ] 11.33% | 4,546 | $128,432 |
[ 11.5% - 12.0% ] 11.68% | 351 | $236,404 |
[ 11.5% - 12.0% ] 11.98% | 9,273 | $110,784 |
[ 12.0% - 12.5% ] 12.47% | 31,252 | $236,823 |
[ 13.0% - 13.5% ] 13.01% | 10,819 | $248,713 |
[ 13.5% - 14.0% ] 13.57% | 36,151 | $82,350 |
[ 13.5% - 14.0% ] 13.94% | 48,796 | $187,695 |
[ 14.5% - 15.0% ] 14.89% | 403 | $250,001 |
[ 15.0% - 15.5% ] 15.20% | 52,799 | $115,737 |
[ 15.0% - 15.5% ] 15.40% | 5,336 | $130,714 |
[ 15.5% - 16.0% ] 15.71% | 18,639 | $187,042 |
[ 16.0% - 16.5% ] 16.49% | 40,285 | $127,380 |
[ 16.5% - 17.0% ] 16.53% | 44,943 | $127,764 |
[ 16.5% - 17.0% ] 16.84% | 689 | $250,001 |
[ 17.5% - 18.0% ] 17.93% | 37,754 | $58,545 |
[ 18.0% - 18.5% ] 18.33% | 38,400 | $57,425 |
[ 18.0% - 18.5% ] 18.50% | 18,564 | $128,571 |
[ 18.5% - 19.0% ] 18.97% | 5,900 | $200,895 |
[ 19.0% - 19.5% ] 19.20% | 22,930 | $112,377 |
[ 19.5% - 20.0% ] 19.75% | 1,139 | $222,159 |
[ 20.5% - 21.0% ] 20.56% | 11,314 | $179,500 |
[ 25.5% - 26.0% ] 25.89% | 224 | $89,375 |
[ 31.0% - 31.5% ] 31.21% | 4,185 | $83,750 |
[ 33.5% - 34.0% ] 33.88% | 242 | $86,944 |
[ 39.0% - 39.5% ] 39.39% | 40,462 | $109,196 |