Korean vs Immigrants from Nicaragua 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 236,313,434 people shows a moderate negative correlation between the proportion of Immigrants from Nicaragua and median household income in the United States with a correlation coefficient (R) of -0.429 and weighted average of $76,784, a difference of 23.7%.

Median Household Income Correlation Summary

Measurement	Korean	Immigrants from Nicaragua
Minimum	$52,792	$29,878
Maximum	$125,300	$124,491
Range	$72,508	$94,613
Mean	$95,651	$68,743
Median	$97,407	$72,189
Interquartile 25% (IQ1)	$87,266	$54,917
Interquartile 75% (IQ3)	$109,366	$81,583
Interquartile Range (IQR)	$22,100	$26,666
Standard Deviation (Sample)	$17,558	$17,913
Standard Deviation (Population)	$17,478	$17,803

Similar Demographics by Median Household Income

Demographics Similar to Koreans by Median Household Income

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%).

Demographics	Rating \| Rank	Median Household Income
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
Immigrants \| Austria	99.9 /100 \| #56	Exceptional $95,277
New Zealanders	99.8 /100 \| #57	Exceptional $95,146
Soviet Union	99.8 /100 \| #58	Exceptional $95,098
Immigrants \| Europe	99.8 /100 \| #59	Exceptional $95,032
Koreans	99.8 /100 \| #60	Exceptional $95,018
Laotians	99.8 /100 \| #61	Exceptional $94,990
Immigrants \| Norway	99.8 /100 \| #62	Exceptional $94,846
Greeks	99.8 /100 \| #63	Exceptional $94,735
Immigrants \| Netherlands	99.7 /100 \| #64	Exceptional $94,411
Immigrants \| Belarus	99.7 /100 \| #65	Exceptional $94,399
Immigrants \| Romania	99.7 /100 \| #66	Exceptional $94,222
Immigrants \| Scotland	99.7 /100 \| #67	Exceptional $94,091

Demographics Similar to Immigrants from Nicaragua by Median Household Income

In terms of median household income, the demographic groups most similar to Immigrants from Nicaragua are Spanish American Indian ($76,670, a difference of 0.15%), Immigrants from Senegal ($76,915, a difference of 0.17%), Jamaican ($76,583, a difference of 0.26%), Belizean ($77,028, a difference of 0.32%), and Immigrants from Grenada ($76,517, a difference of 0.35%).

Demographics	Rating \| Rank	Median Household Income
Mexican American Indians	1.2 /100 \| #251	Tragic $78,166
Immigrants \| West Indies	1.0 /100 \| #252	Tragic $77,956
Immigrants \| St. Vincent and the Grenadines	0.9 /100 \| #253	Tragic $77,690
Sub-Saharan Africans	0.8 /100 \| #254	Tragic $77,631
Immigrants \| Middle Africa	0.8 /100 \| #255	Tragic $77,559
Belizeans	0.6 /100 \| #256	Tragic $77,028
Immigrants \| Senegal	0.5 /100 \| #257	Tragic $76,915
Immigrants \| Nicaragua	0.5 /100 \| #258	Tragic $76,784
Spanish American Indians	0.4 /100 \| #259	Tragic $76,670
Jamaicans	0.4 /100 \| #260	Tragic $76,583
Immigrants \| Grenada	0.4 /100 \| #261	Tragic $76,517
French American Indians	0.4 /100 \| #262	Tragic $76,387
Alaskan Athabascans	0.4 /100 \| #263	Tragic $76,383
Guatemalans	0.3 /100 \| #264	Tragic $75,961
Immigrants \| Belize	0.3 /100 \| #265	Tragic $75,938