Laotian vs Australian Median Household Income
COMPARE
Laotian
Australian
Median Household Income
Median Household Income Comparison
Laotians
Australians
$94,990
MEDIAN HOUSEHOLD INCOME
99.8/ 100
METRIC RATING
61st/ 347
METRIC RANK
$96,490
MEDIAN HOUSEHOLD INCOME
99.9/ 100
METRIC RATING
46th/ 347
METRIC RANK
Laotian vs Australian Median Household Income Correlation Chart
The statistical analysis conducted on geographies consisting of 224,713,642 people shows a weak negative correlation between the proportion of Laotians and median household income in the United States with a correlation coefficient (R) of -0.277 and weighted average of $94,990. Similarly, the statistical analysis conducted on geographies consisting of 223,978,576 people shows a moderate negative correlation between the proportion of Australians and median household income in the United States with a correlation coefficient (R) of -0.489 and weighted average of $96,490, a difference of 1.6%.
Median Household Income Correlation Summary
Measurement | Laotian | Australian |
Minimum | $39,542 | $30,714 |
Maximum | $153,021 | $166,528 |
Range | $113,479 | $135,814 |
Mean | $87,400 | $91,180 |
Median | $85,171 | $88,142 |
Interquartile 25% (IQ1) | $72,352 | $68,506 |
Interquartile 75% (IQ3) | $104,389 | $103,837 |
Interquartile Range (IQR) | $32,037 | $35,331 |
Standard Deviation (Sample) | $23,584 | $30,330 |
Standard Deviation (Population) | $23,302 | $30,047 |
Demographics Similar to Laotians and Australians by Median Household Income
In terms of median household income, the demographic groups most similar to Laotians are Korean ($95,018, a difference of 0.030%), Immigrants from Europe ($95,032, a difference of 0.040%), Soviet Union ($95,098, a difference of 0.11%), Immigrants from Norway ($94,846, a difference of 0.15%), and New Zealander ($95,146, a difference of 0.16%). Similarly, the demographic groups most similar to Australians are Israeli ($96,552, a difference of 0.060%), Immigrants from Russia ($96,378, a difference of 0.12%), Cambodian ($96,324, a difference of 0.17%), Immigrants from Greece ($96,675, a difference of 0.19%), and Immigrants from Malaysia ($96,292, a difference of 0.21%).
Demographics | Rating | Rank | Median Household Income |
Immigrants | France | 99.9 /100 | #43 | Exceptional $96,743 |
Immigrants | Greece | 99.9 /100 | #44 | Exceptional $96,675 |
Israelis | 99.9 /100 | #45 | Exceptional $96,552 |
Australians | 99.9 /100 | #46 | Exceptional $96,490 |
Immigrants | Russia | 99.9 /100 | #47 | Exceptional $96,378 |
Cambodians | 99.9 /100 | #48 | Exceptional $96,324 |
Immigrants | Malaysia | 99.9 /100 | #49 | Exceptional $96,292 |
Bulgarians | 99.9 /100 | #50 | Exceptional $96,290 |
Estonians | 99.9 /100 | #51 | Exceptional $95,930 |
Immigrants | South Africa | 99.9 /100 | #52 | Exceptional $95,800 |
Paraguayans | 99.9 /100 | #53 | Exceptional $95,737 |
Egyptians | 99.9 /100 | #54 | Exceptional $95,673 |
Immigrants | Czechoslovakia | 99.9 /100 | #55 | Exceptional $95,319 |
Immigrants | Austria | 99.9 /100 | #56 | Exceptional $95,277 |
New Zealanders | 99.8 /100 | #57 | Exceptional $95,146 |
Soviet Union | 99.8 /100 | #58 | Exceptional $95,098 |
Immigrants | Europe | 99.8 /100 | #59 | Exceptional $95,032 |
Koreans | 99.8 /100 | #60 | Exceptional $95,018 |
Laotians | 99.8 /100 | #61 | Exceptional $94,990 |
Immigrants | Norway | 99.8 /100 | #62 | Exceptional $94,846 |
Greeks | 99.8 /100 | #63 | Exceptional $94,735 |