South American vs Guatemalan Median Household Income

The statistical analysis conducted on geographies consisting of 493,431,068 people shows a poor negative correlation between the proportion of South Americans and median household income in the United States with a correlation coefficient (R) of -0.188 and weighted average of $86,824. Similarly, the statistical analysis conducted on geographies consisting of 409,198,651 people shows a mild negative correlation between the proportion of Guatemalans and median household income in the United States with a correlation coefficient (R) of -0.377 and weighted average of $75,961, a difference of 14.3%.

In terms of median household income, the demographic groups most similar to South Americans are Immigrants from Saudi Arabia ($86,875, a difference of 0.060%), Immigrants from Germany ($86,764, a difference of 0.070%), Hungarian ($86,920, a difference of 0.11%), Basque ($87,001, a difference of 0.20%), and Carpatho Rusyn ($86,635, a difference of 0.22%).

In terms of median household income, the demographic groups most similar to Guatemalans are Immigrants from Belize ($75,938, a difference of 0.030%), American ($75,932, a difference of 0.040%), German Russian ($75,856, a difference of 0.14%), Immigrants from Jamaica ($75,851, a difference of 0.15%), and Cape Verdean ($75,848, a difference of 0.15%).