Paraguayan vs Latvian Median Household Income
COMPARE
Paraguayan
Latvian
Median Household Income
Median Household Income Comparison
Paraguayans
Latvians
$95,737
MEDIAN HOUSEHOLD INCOME
99.9/ 100
METRIC RATING
53rd/ 347
METRIC RANK
$97,311
MEDIAN HOUSEHOLD INCOME
100.0/ 100
METRIC RATING
37th/ 347
METRIC RANK
Paraguayan vs Latvian Median Household Income Correlation Chart
The statistical analysis conducted on geographies consisting of 95,096,064 people shows no correlation between the proportion of Paraguayans and median household income in the United States with a correlation coefficient (R) of 0.036 and weighted average of $95,737. Similarly, the statistical analysis conducted on geographies consisting of 220,635,560 people shows a mild negative correlation between the proportion of Latvians and median household income in the United States with a correlation coefficient (R) of -0.349 and weighted average of $97,311, a difference of 1.6%.
Median Household Income Correlation Summary
Measurement | Paraguayan | Latvian |
Minimum | $43,906 | $36,528 |
Maximum | $220,060 | $187,593 |
Range | $176,154 | $151,065 |
Mean | $104,819 | $95,169 |
Median | $98,291 | $96,299 |
Interquartile 25% (IQ1) | $77,788 | $60,583 |
Interquartile 75% (IQ3) | $122,293 | $122,068 |
Interquartile Range (IQR) | $44,505 | $61,485 |
Standard Deviation (Sample) | $41,190 | $38,310 |
Standard Deviation (Population) | $40,877 | $38,014 |
Demographics Similar to Paraguayans and Latvians by Median Household Income
In terms of median household income, the demographic groups most similar to Paraguayans are Immigrants from South Africa ($95,800, a difference of 0.070%), Egyptian ($95,673, a difference of 0.070%), Estonian ($95,930, a difference of 0.20%), Immigrants from Czechoslovakia ($95,319, a difference of 0.44%), and Immigrants from Malaysia ($96,292, a difference of 0.58%). Similarly, the demographic groups most similar to Latvians are Immigrants from Indonesia ($97,297, a difference of 0.010%), Immigrants from Pakistan ($97,528, a difference of 0.22%), Afghan ($97,026, a difference of 0.29%), Maltese ($97,015, a difference of 0.31%), and Immigrants from Turkey ($96,964, a difference of 0.36%).
Demographics | Rating | Rank | Median Household Income |
Immigrants | Switzerland | 100.0 /100 | #35 | Exceptional $97,979 |
Immigrants | Pakistan | 100.0 /100 | #36 | Exceptional $97,528 |
Latvians | 100.0 /100 | #37 | Exceptional $97,311 |
Immigrants | Indonesia | 100.0 /100 | #38 | Exceptional $97,297 |
Afghans | 100.0 /100 | #39 | Exceptional $97,026 |
Maltese | 100.0 /100 | #40 | Exceptional $97,015 |
Immigrants | Turkey | 100.0 /100 | #41 | Exceptional $96,964 |
Immigrants | Lithuania | 99.9 /100 | #42 | Exceptional $96,836 |
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 |