Spanish American vs Immigrants from Venezuela Median Family Income

The statistical analysis conducted on geographies consisting of 103,155,631 people shows a poor positive correlation between the proportion of Spanish Americans and median family income in the United States with a correlation coefficient (R) of 0.136 and weighted average of $90,322. Similarly, 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, a difference of 5.1%.

Median Family Income Correlation Summary

Measurement	Spanish American	Immigrants from Venezuela
Minimum	$34,804	$47,465
Maximum	$151,435	$170,845
Range	$116,631	$123,380
Mean	$79,090	$92,607
Median	$75,945	$89,644
Interquartile 25% (IQ1)	$62,996	$78,947
Interquartile 75% (IQ3)	$87,771	$99,865
Interquartile Range (IQR)	$24,775	$20,918
Standard Deviation (Sample)	$23,819	$24,843
Standard Deviation (Population)	$23,588	$24,635

Similar Demographics by Median Family Income

Demographics Similar to Spanish Americans by Median Family Income

In terms of median family income, the demographic groups most similar to Spanish Americans are Immigrants from Micronesia ($90,345, a difference of 0.020%), Immigrants from Liberia ($90,450, a difference of 0.14%), Iroquois ($90,543, a difference of 0.24%), Immigrants from St. Vincent and the Grenadines ($90,094, a difference of 0.25%), and Jamaican ($90,581, a difference of 0.29%).

Demographics	Rating \| Rank	Median Family Income
Mexican American Indians	0.2 /100 \| #267	Tragic $90,918
Cree	0.2 /100 \| #268	Tragic $90,882
Belizeans	0.2 /100 \| #269	Tragic $90,880
Jamaicans	0.2 /100 \| #270	Tragic $90,581
Iroquois	0.2 /100 \| #271	Tragic $90,543
Immigrants \| Liberia	0.2 /100 \| #272	Tragic $90,450
Immigrants \| Micronesia	0.2 /100 \| #273	Tragic $90,345
Spanish Americans	0.2 /100 \| #274	Tragic $90,322
Immigrants \| St. Vincent and the Grenadines	0.2 /100 \| #275	Tragic $90,094
Immigrants \| Zaire	0.1 /100 \| #276	Tragic $89,285
Immigrants \| Jamaica	0.1 /100 \| #277	Tragic $89,268
Immigrants \| Grenada	0.1 /100 \| #278	Tragic $89,249
Immigrants \| Belize	0.1 /100 \| #279	Tragic $89,197
British West Indians	0.1 /100 \| #280	Tragic $88,987
Blackfeet	0.1 /100 \| #281	Tragic $88,717

Demographics Similar to Immigrants from Venezuela by Median Family Income

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%).

Demographics	Rating \| Rank	Median Family Income
Vietnamese	3.4 /100 \| #225	Tragic $96,123
Immigrants \| Panama	2.7 /100 \| #226	Tragic $95,647
Alaska Natives	2.6 /100 \| #227	Tragic $95,573
Immigrants \| Azores	2.4 /100 \| #228	Tragic $95,402
Marshallese	2.2 /100 \| #229	Tragic $95,293
Malaysians	2.2 /100 \| #230	Tragic $95,230
Ecuadorians	2.1 /100 \| #231	Tragic $95,114
Immigrants \| Venezuela	1.9 /100 \| #232	Tragic $94,904
Immigrants \| Bangladesh	1.6 /100 \| #233	Tragic $94,665
Immigrants \| Western Africa	1.6 /100 \| #234	Tragic $94,638
Immigrants \| Burma/Myanmar	1.5 /100 \| #235	Tragic $94,472
Trinidadians and Tobagonians	1.5 /100 \| #236	Tragic $94,466
Alaskan Athabascans	1.5 /100 \| #237	Tragic $94,429
Nepalese	1.3 /100 \| #238	Tragic $94,153
Salvadorans	1.2 /100 \| #239	Tragic $94,109