Korean vs Asian Median Household Income

The statistical analysis conducted on geographies consisting of 510,219,050 people shows a weak negative correlation between the proportion of Koreans and median household income in the United States with a correlation coefficient (R) of -0.275 and weighted average of $95,018. Similarly, 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, a difference of 7.0%.

In terms of median household income, the demographic groups most similar to Koreans are Immigrants from Europe ($95,032, a difference of 0.020%), Laotian ($94,990, a difference of 0.030%), Soviet Union ($95,098, a difference of 0.080%), New Zealander ($95,146, a difference of 0.13%), and Immigrants from Norway ($94,846, a difference of 0.18%).

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%).