Immigrants from Nicaragua vs Welsh Median Household Income

The statistical analysis conducted on geographies consisting of 236,313,434 people shows a moderate negative correlation between the proportion of Immigrants from Nicaragua and median household income in the United States with a correlation coefficient (R) of -0.429 and weighted average of $76,784. Similarly, the statistical analysis conducted on geographies consisting of 527,928,431 people shows a poor positive correlation between the proportion of Welsh and median household income in the United States with a correlation coefficient (R) of 0.107 and weighted average of $83,628, a difference of 8.9%.

Median Household Income Correlation Summary

Measurement	Immigrants from Nicaragua	Welsh
Minimum	$29,878	$27,188
Maximum	$124,491	$106,528
Range	$94,613	$79,340
Mean	$68,743	$74,552
Median	$72,189	$75,263
Interquartile 25% (IQ1)	$54,917	$66,384
Interquartile 75% (IQ3)	$81,583	$84,494
Interquartile Range (IQR)	$26,666	$18,110
Standard Deviation (Sample)	$17,913	$14,468
Standard Deviation (Population)	$17,803	$14,345

Similar Demographics by Median Household Income

Demographics Similar to Immigrants from Nicaragua by Median Household Income

In terms of median household income, the demographic groups most similar to Immigrants from Nicaragua are Spanish American Indian ($76,670, a difference of 0.15%), Immigrants from Senegal ($76,915, a difference of 0.17%), Jamaican ($76,583, a difference of 0.26%), Belizean ($77,028, a difference of 0.32%), and Immigrants from Grenada ($76,517, a difference of 0.35%).

Demographics	Rating \| Rank	Median Household Income
Mexican American Indians	1.2 /100 \| #251	Tragic $78,166
Immigrants \| West Indies	1.0 /100 \| #252	Tragic $77,956
Immigrants \| St. Vincent and the Grenadines	0.9 /100 \| #253	Tragic $77,690
Sub-Saharan Africans	0.8 /100 \| #254	Tragic $77,631
Immigrants \| Middle Africa	0.8 /100 \| #255	Tragic $77,559
Belizeans	0.6 /100 \| #256	Tragic $77,028
Immigrants \| Senegal	0.5 /100 \| #257	Tragic $76,915
Immigrants \| Nicaragua	0.5 /100 \| #258	Tragic $76,784
Spanish American Indians	0.4 /100 \| #259	Tragic $76,670
Jamaicans	0.4 /100 \| #260	Tragic $76,583
Immigrants \| Grenada	0.4 /100 \| #261	Tragic $76,517
French American Indians	0.4 /100 \| #262	Tragic $76,387
Alaskan Athabascans	0.4 /100 \| #263	Tragic $76,383
Guatemalans	0.3 /100 \| #264	Tragic $75,961
Immigrants \| Belize	0.3 /100 \| #265	Tragic $75,938

Demographics Similar to Welsh by Median Household Income

In terms of median household income, the demographic groups most similar to Welsh are Finnish ($83,607, a difference of 0.030%), Ghanaian ($83,582, a difference of 0.060%), Immigrants from Armenia ($83,555, a difference of 0.090%), Iraqi ($83,753, a difference of 0.15%), and French ($83,468, a difference of 0.19%).

Demographics	Rating \| Rank	Median Household Income
Kenyans	34.2 /100 \| #185	Fair $84,085
Puget Sound Salish	33.2 /100 \| #186	Fair $84,011
Belgians	33.2 /100 \| #187	Fair $84,008
Tlingit-Haida	32.6 /100 \| #188	Fair $83,968
Immigrants \| Colombia	31.7 /100 \| #189	Fair $83,902
Slovaks	30.2 /100 \| #190	Fair $83,798
Iraqis	29.6 /100 \| #191	Fair $83,753
Welsh	28.0 /100 \| #192	Fair $83,628
Finns	27.7 /100 \| #193	Fair $83,607
Ghanaians	27.4 /100 \| #194	Fair $83,582
Immigrants \| Armenia	27.0 /100 \| #195	Fair $83,555
French	26.0 /100 \| #196	Fair $83,468
Aleuts	25.7 /100 \| #197	Fair $83,446
Japanese	25.1 /100 \| #198	Fair $83,395
Germans	24.6 /100 \| #199	Fair $83,358