Asian vs American Median Household Income

The statistical analysis conducted on geographies consisting of 549,980,753 people shows a moderate positive correlation between the proportion of Asians and median household income in the United States with a correlation coefficient (R) of 0.475 and weighted average of $101,681. Similarly, the statistical analysis conducted on geographies consisting of 580,584,472 people shows a significant negative correlation between the proportion of Americans and median household income in the United States with a correlation coefficient (R) of -0.603 and weighted average of $75,932, a difference of 33.9%.

In terms of median household income, the demographic groups most similar to Asians are Eastern European ($101,781, a difference of 0.10%), Immigrants from Bolivia ($101,394, a difference of 0.28%), Bolivian ($102,195, a difference of 0.50%), Immigrants from Australia ($102,562, a difference of 0.87%), and Immigrants from Japan ($100,711, a difference of 0.96%).

In terms of median household income, the demographic groups most similar to Americans are Immigrants from Belize ($75,938, a difference of 0.010%), Guatemalan ($75,961, a difference of 0.040%), German Russian ($75,856, a difference of 0.10%), Immigrants from Jamaica ($75,851, a difference of 0.11%), and Cape Verdean ($75,848, a difference of 0.11%).