Immigrants from Latin America vs Spanish American Median Household Income
COMPARE
Immigrants from Latin America
Spanish American
Median Household Income
Median Household Income Comparison
Immigrants from Latin America
Spanish Americans
$75,420
MEDIAN HOUSEHOLD INCOME
0.2/ 100
METRIC RATING
276th/ 347
METRIC RANK
$75,386
MEDIAN HOUSEHOLD INCOME
0.2/ 100
METRIC RATING
277th/ 347
METRIC RANK
Immigrants from Latin America vs Spanish American Median Household Income Correlation Chart
The statistical analysis conducted on geographies consisting of 557,585,131 people shows a significant negative correlation between the proportion of Immigrants from Latin America and median household income in the United States with a correlation coefficient (R) of -0.654 and weighted average of $75,420. Similarly, the statistical analysis conducted on geographies consisting of 103,163,457 people shows a weak negative correlation between the proportion of Spanish Americans and median household income in the United States with a correlation coefficient (R) of -0.299 and weighted average of $75,386, a difference of 0.040%.
Median Household Income Correlation Summary
Measurement | Immigrants from Latin America | Spanish American |
Minimum | $37,370 | $16,806 |
Maximum | $94,905 | $105,648 |
Range | $57,535 | $88,842 |
Mean | $68,616 | $61,918 |
Median | $70,288 | $63,227 |
Interquartile 25% (IQ1) | $60,228 | $49,158 |
Interquartile 75% (IQ3) | $77,376 | $74,166 |
Interquartile Range (IQR) | $17,148 | $25,008 |
Standard Deviation (Sample) | $12,455 | $20,311 |
Standard Deviation (Population) | $12,411 | $20,122 |
Demographics Similar to Immigrants from Latin America and Spanish Americans by Median Household Income
In terms of median household income, the demographic groups most similar to Immigrants from Latin America are Immigrants from Micronesia ($75,574, a difference of 0.20%), Osage ($75,240, a difference of 0.24%), British West Indian ($75,647, a difference of 0.30%), Liberian ($75,667, a difference of 0.33%), and Immigrants from Guatemala ($75,123, a difference of 0.40%). Similarly, the demographic groups most similar to Spanish Americans are Osage ($75,240, a difference of 0.19%), Immigrants from Micronesia ($75,574, a difference of 0.25%), British West Indian ($75,647, a difference of 0.35%), Immigrants from Guatemala ($75,123, a difference of 0.35%), and Liberian ($75,667, a difference of 0.37%).
Demographics | Rating | Rank | Median Household Income |
Americans | 0.3 /100 | #266 | Tragic $75,932 |
German Russians | 0.3 /100 | #267 | Tragic $75,856 |
Immigrants | Jamaica | 0.3 /100 | #268 | Tragic $75,851 |
Cape Verdeans | 0.3 /100 | #269 | Tragic $75,848 |
Hmong | 0.3 /100 | #270 | Tragic $75,839 |
Pennsylvania Germans | 0.3 /100 | #271 | Tragic $75,814 |
Somalis | 0.3 /100 | #272 | Tragic $75,782 |
Liberians | 0.2 /100 | #273 | Tragic $75,667 |
British West Indians | 0.2 /100 | #274 | Tragic $75,647 |
Immigrants | Micronesia | 0.2 /100 | #275 | Tragic $75,574 |
Immigrants | Latin America | 0.2 /100 | #276 | Tragic $75,420 |
Spanish Americans | 0.2 /100 | #277 | Tragic $75,386 |
Osage | 0.2 /100 | #278 | Tragic $75,240 |
Immigrants | Guatemala | 0.2 /100 | #279 | Tragic $75,123 |
Senegalese | 0.2 /100 | #280 | Tragic $74,999 |
Immigrants | Liberia | 0.1 /100 | #281 | Tragic $74,896 |
Central American Indians | 0.1 /100 | #282 | Tragic $74,847 |
Cree | 0.1 /100 | #283 | Tragic $74,685 |
Yaqui | 0.1 /100 | #284 | Tragic $74,596 |
Mexicans | 0.1 /100 | #285 | Tragic $74,399 |
Immigrants | Somalia | 0.1 /100 | #286 | Tragic $74,300 |