White/Caucasian vs Asian Householder Income Over 65 years

The statistical analysis conducted on geographies consisting of 577,509,844 people shows a significant positive correlation between the proportion of Whites/Caucasians and household income with householder over the age of 65 in the United States with a correlation coefficient (R) of 0.606 and weighted average of $58,847. Similarly, the statistical analysis conducted on geographies consisting of 546,636,612 people shows a moderate positive correlation between the proportion of Asians and household income with householder over the age of 65 in the United States with a correlation coefficient (R) of 0.487 and weighted average of $68,822, a difference of 17.0%.

In terms of householder income over 65 years, the demographic groups most similar to Whites/Caucasians are Colombian ($58,851, a difference of 0.010%), Nepalese ($58,761, a difference of 0.15%), Immigrants from Nigeria ($58,942, a difference of 0.16%), Nigerian ($58,992, a difference of 0.25%), and Slovak ($59,039, a difference of 0.33%).

In terms of householder income over 65 years, the demographic groups most similar to Asians are Immigrants from Denmark ($68,801, a difference of 0.030%), Afghan ($68,951, a difference of 0.19%), Immigrants from Northern Europe ($69,003, a difference of 0.26%), Immigrants from Ireland ($68,495, a difference of 0.48%), and Immigrants from Australia ($69,164, a difference of 0.50%).