Immigrants from Latvia Median Family Income
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Immigrants from Latvia
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Median Family Income
Immigrants from Latvia Median Family Income
$114,826
FAMILY INCOME
99.8/ 100
METRIC RATING
60th/ 347
METRIC RANK
Immigrants from Latvia Median Family Income Correlation Chart
The statistical analysis conducted on geographies consisting of 113,722,830 people shows a moderate negative correlation between the proportion of Immigrants from Latvia and median family income in the United States with a correlation coefficient (R) of -0.423 and weighted average of $114,826. On average, for every 1% (one percent) increase in Immigrants from Latvia within a typical geography, there is a decrease of $5,369 in median family income.
It is essential to understand that the correlation between the percentage of Immigrants from Latvia and median family income does not imply a direct cause-and-effect relationship. It remains uncertain whether the presence of Immigrants from Latvia influences an upward or downward trend in the level of median family income within an area, or if Immigrants from Latvia 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 Latvia by Median Family Income
In terms of median family income, the demographic groups most similar to Immigrants from Latvia are Immigrants from Netherlands ($114,987, a difference of 0.14%), Immigrants from Belarus ($114,586, a difference of 0.21%), Mongolian ($114,553, a difference of 0.24%), Immigrants from Indonesia ($115,162, a difference of 0.29%), and Greek ($115,192, a difference of 0.32%).
| Demographics | Rating | Rank | Median Family Income |
| Immigrants from Norway | 99.9 /100 | #53 | Exceptional $115,847 |
| Immigrants from Europe | 99.9 /100 | #54 | Exceptional $115,523 |
| Lithuanians | 99.8 /100 | #55 | Exceptional $115,395 |
| New Zealanders | 99.8 /100 | #56 | Exceptional $115,230 |
| Greeks | 99.8 /100 | #57 | Exceptional $115,192 |
| Immigrants from Indonesia | 99.8 /100 | #58 | Exceptional $115,162 |
| Immigrants from Netherlands | 99.8 /100 | #59 | Exceptional $114,987 |
| Immigrants from Latvia | 99.8 /100 | #60 | Exceptional $114,826 |
| Immigrants from Belarus | 99.8 /100 | #61 | Exceptional $114,586 |
| Mongolians | 99.8 /100 | #62 | Exceptional $114,553 |
| Immigrants from Pakistan | 99.8 /100 | #63 | Exceptional $114,406 |
| Immigrants from Scotland | 99.7 /100 | #64 | Exceptional $114,392 |
| Egyptians | 99.7 /100 | #65 | Exceptional $114,119 |
| Paraguayans | 99.7 /100 | #66 | Exceptional $114,016 |
| Immigrants from Spain | 99.7 /100 | #67 | Exceptional $113,815 |
Immigrants from Latvia Median Family Income Correlation Summary
| Measurement | Immigrants from Latvia Data | Median Family Income Data |
| Minimum | 0.020% | $41,641 |
| Maximum | 14.3% | $207,328 |
| Range | 14.3% | $165,687 |
| Mean | 2.0% | $112,663 |
| Median | 1.0% | $110,782 |
| Interquartile 25% (IQ1) | 0.50% | $83,546 |
| Interquartile 75% (IQ3) | 2.1% | $130,754 |
| Interquartile Range (IQR) | 1.6% | $47,207 |
| Standard Deviation (Sample) | 3.0% | $38,081 |
| Standard Deviation (Population) | 2.9% | $37,395 |
Correlation Details
| Immigrants from Latvia Percentile | Sample Size | Median Family Income |
[ 0.0% - 0.5% ] 0.020% | 100,030,257 | $102,889 |
[ 0.0% - 0.5% ] 0.100% | 8,834,339 | $125,419 |
[ 0.0% - 0.5% ] 0.17% | 2,277,749 | $129,657 |
[ 0.0% - 0.5% ] 0.25% | 1,192,672 | $127,592 |
[ 0.0% - 0.5% ] 0.32% | 583,663 | $134,689 |
[ 0.0% - 0.5% ] 0.40% | 336,986 | $125,922 |
[ 0.0% - 0.5% ] 0.46% | 147,336 | $110,314 |
[ 0.5% - 1.0% ] 0.54% | 68,192 | $91,356 |
[ 0.5% - 1.0% ] 0.60% | 26,740 | $124,613 |
[ 0.5% - 1.0% ] 0.69% | 66,500 | $138,938 |
[ 0.5% - 1.0% ] 0.74% | 14,773 | $153,489 |
[ 0.5% - 1.0% ] 0.83% | 11,054 | $122,546 |
[ 0.5% - 1.0% ] 0.87% | 72,929 | $99,253 |
[ 0.5% - 1.0% ] 0.99% | 4,528 | $183,307 |
[ 1.0% - 1.5% ] 1.02% | 7,149 | $85,218 |
[ 1.0% - 1.5% ] 1.11% | 5,404 | $105,542 |
[ 1.0% - 1.5% ] 1.29% | 1,240 | $111,250 |
[ 1.0% - 1.5% ] 1.39% | 4,248 | $75,888 |
[ 1.0% - 1.5% ] 1.46% | 12,995 | $81,845 |
[ 1.5% - 2.0% ] 1.62% | 2,036 | $131,851 |
[ 1.5% - 2.0% ] 1.91% | 7,897 | $173,536 |
[ 2.0% - 2.5% ] 2.30% | 564 | $73,438 |
[ 2.5% - 3.0% ] 2.51% | 279 | $81,875 |
[ 3.0% - 3.5% ] 3.03% | 8,425 | $207,328 |
[ 5.0% - 5.5% ] 5.16% | 349 | $92,019 |
[ 5.5% - 6.0% ] 5.83% | 223 | $41,641 |
[ 7.0% - 7.5% ] 7.39% | 2,313 | $52,216 |
[ 14.0% - 14.5% ] 14.32% | 1,990 | $70,924 |