Immigrants from Venezuela vs Immigrants from Europe Median Family Income

The statistical analysis conducted on geographies consisting of 287,745,921 people shows a poor negative correlation between the proportion of Immigrants from Venezuela and median family income in the United States with a correlation coefficient (R) of -0.130 and weighted average of $94,904. Similarly, the statistical analysis conducted on geographies consisting of 546,465,722 people shows a substantial negative correlation between the proportion of Immigrants from Europe and median family income in the United States with a correlation coefficient (R) of -0.505 and weighted average of $115,523, a difference of 21.7%.

In terms of median family income, the demographic groups most similar to Immigrants from Venezuela are Ecuadorian ($95,114, a difference of 0.22%), Immigrants from Bangladesh ($94,665, a difference of 0.25%), Immigrants from Western Africa ($94,638, a difference of 0.28%), Malaysian ($95,230, a difference of 0.34%), and Marshallese ($95,293, a difference of 0.41%).

In terms of median family income, the demographic groups most similar to Immigrants from Europe are Lithuanian ($115,395, a difference of 0.11%), New Zealander ($115,230, a difference of 0.25%), Immigrants from Norway ($115,847, a difference of 0.28%), Maltese ($115,862, a difference of 0.29%), and Greek ($115,192, a difference of 0.29%).