South American vs Immigrants from Spain 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 239,554,501 people shows a poor negative correlation between the proportion of Immigrants from Spain and median household income in the United States with a correlation coefficient (R) of -0.193 and weighted average of $92,732, a difference of 6.8%.

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 Immigrants from Spain are Italian ($92,475, a difference of 0.28%), Immigrants from Eastern Europe ($93,051, a difference of 0.34%), Immigrants from Argentina ($92,417, a difference of 0.34%), Tongan ($93,076, a difference of 0.37%), and Sri Lankan ($93,093, a difference of 0.39%).