Immigrants from Latin America vs Basque Median Family Income

The statistical analysis conducted on geographies consisting of 557,337,898 people shows a strong negative correlation between the proportion of Immigrants from Latin America and median family income in the United States with a correlation coefficient (R) of -0.711 and weighted average of $86,989. Similarly, the statistical analysis conducted on geographies consisting of 165,742,125 people shows a mild negative correlation between the proportion of Basques and median family income in the United States with a correlation coefficient (R) of -0.394 and weighted average of $104,760, a difference of 20.4%.

Median Family Income Correlation Summary

Measurement	Immigrants from Latin America	Basque
Minimum	$39,785	$28,036
Maximum	$110,302	$157,351
Range	$70,517	$129,315
Mean	$77,259	$91,256
Median	$76,749	$94,457
Interquartile 25% (IQ1)	$66,005	$72,725
Interquartile 75% (IQ3)	$88,129	$105,919
Interquartile Range (IQR)	$22,124	$33,194
Standard Deviation (Sample)	$15,813	$26,783
Standard Deviation (Population)	$15,756	$26,606

Similar Demographics by Median Family Income

Demographics Similar to Immigrants from Latin America by Median Family Income

In terms of median family income, the demographic groups most similar to Immigrants from Latin America are Chippewa ($86,852, a difference of 0.16%), Cajun ($87,157, a difference of 0.19%), Immigrants from Guatemala ($87,191, a difference of 0.23%), Yaqui ($87,289, a difference of 0.34%), and Fijian ($87,387, a difference of 0.46%).

Demographics	Rating \| Rank	Median Family Income
Immigrants \| Cabo Verde	0.1 /100 \| #291	Tragic $87,830
Africans	0.1 /100 \| #292	Tragic $87,820
Ute	0.0 /100 \| #293	Tragic $87,596
Fijians	0.0 /100 \| #294	Tragic $87,387
Yaqui	0.0 /100 \| #295	Tragic $87,289
Immigrants \| Guatemala	0.0 /100 \| #296	Tragic $87,191
Cajuns	0.0 /100 \| #297	Tragic $87,157
Immigrants \| Latin America	0.0 /100 \| #298	Tragic $86,989
Chippewa	0.0 /100 \| #299	Tragic $86,852
Ottawa	0.0 /100 \| #300	Tragic $86,380
Colville	0.0 /100 \| #301	Tragic $85,792
Spanish American Indians	0.0 /100 \| #302	Tragic $85,728
Hispanics or Latinos	0.0 /100 \| #303	Tragic $85,647
Mexicans	0.0 /100 \| #304	Tragic $85,618
Paiute	0.0 /100 \| #305	Tragic $85,414

Demographics Similar to Basques by Median Family Income

In terms of median family income, the demographic groups most similar to Basques are Native Hawaiian ($104,910, a difference of 0.14%), Immigrants from Nepal ($104,966, a difference of 0.20%), Moroccan ($104,488, a difference of 0.26%), Scandinavian ($104,410, a difference of 0.34%), and Swiss ($104,396, a difference of 0.35%).

Demographics	Rating \| Rank	Median Family Income
Immigrants \| Germany	80.9 /100 \| #149	Excellent $105,507
Irish	80.5 /100 \| #150	Excellent $105,453
Peruvians	80.4 /100 \| #151	Excellent $105,444
Immigrants \| Albania	79.1 /100 \| #152	Good $105,285
Slavs	77.9 /100 \| #153	Good $105,144
Immigrants \| Nepal	76.3 /100 \| #154	Good $104,966
Native Hawaiians	75.8 /100 \| #155	Good $104,910
Basques	74.4 /100 \| #156	Good $104,760
Moroccans	71.6 /100 \| #157	Good $104,488
Scandinavians	70.8 /100 \| #158	Good $104,410
Swiss	70.7 /100 \| #159	Good $104,396
Scottish	69.5 /100 \| #160	Good $104,288
Icelanders	69.4 /100 \| #161	Good $104,282
Immigrants \| Sierra Leone	66.2 /100 \| #162	Good $103,990
Costa Ricans	66.2 /100 \| #163	Good $103,989