Immigrants from Venezuela Median Household Income
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Immigrants from Venezuela
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Median Household Income
Immigrants from Venezuela Median Household Income
$81,506
HOUSEHOLD INCOME
9.0/ 100
METRIC RATING
220th/ 347
METRIC RANK
Immigrants from Venezuela Median Household Income Correlation Chart
The statistical analysis conducted on geographies consisting of 287,748,058 people shows a slight positive correlation between the proportion of Immigrants from Venezuela and median household income in the United States with a correlation coefficient (R) of 0.050 and weighted average of $81,506. On average, for every 1% (one percent) increase in Immigrants from Venezuela within a typical geography, there is an increase of $120 in median household income.
It is essential to understand that the correlation between the percentage of Immigrants from Venezuela and median household income does not imply a direct cause-and-effect relationship. It remains uncertain whether the presence of Immigrants from Venezuela influences an upward or downward trend in the level of median household income within an area, or if Immigrants from Venezuela simply ended up residing in those areas with higher or lower levels of median household income due to other factors.
Demographics Similar to Immigrants from Venezuela by Median Household Income
In terms of median household income, the demographic groups most similar to Immigrants from Venezuela are Immigrants from Ghana ($81,489, a difference of 0.020%), Nigerian ($81,725, a difference of 0.27%), Immigrants from Nigeria ($81,236, a difference of 0.33%), Immigrants from El Salvador ($81,213, a difference of 0.36%), and Malaysian ($81,064, a difference of 0.54%).
| Demographics | Rating | Rank | Median Household Income |
| Nepalese | 15.1 /100 | #213 | Poor $82,410 |
| Panamanians | 14.0 /100 | #214 | Poor $82,272 |
| Vietnamese | 13.8 /100 | #215 | Poor $82,248 |
| Yugoslavians | 13.3 /100 | #216 | Poor $82,186 |
| Ecuadorians | 12.5 /100 | #217 | Poor $82,070 |
| Whites/Caucasians | 12.2 /100 | #218 | Poor $82,029 |
| Nigerians | 10.3 /100 | #219 | Poor $81,725 |
| Immigrants from Venezuela | 9.0 /100 | #220 | Tragic $81,506 |
| Immigrants from Ghana | 9.0 /100 | #221 | Tragic $81,489 |
| Immigrants from Nigeria | 7.7 /100 | #222 | Tragic $81,236 |
| Immigrants from El Salvador | 7.6 /100 | #223 | Tragic $81,213 |
| Malaysians | 7.0 /100 | #224 | Tragic $81,064 |
| Scotch-Irish | 6.6 /100 | #225 | Tragic $80,972 |
| Immigrants from Panama | 6.2 /100 | #226 | Tragic $80,873 |
| Guyanese | 5.7 /100 | #227 | Tragic $80,734 |
Immigrants from Venezuela Median Household Income Correlation Summary
| Measurement | Immigrants from Venezuela Data | Median Household Income Data |
| Minimum | 0.077% | $42,664 |
| Maximum | 38.2% | $158,184 |
| Range | 38.1% | $115,520 |
| Mean | 8.7% | $81,402 |
| Median | 5.8% | $77,762 |
| Interquartile 25% (IQ1) | 2.9% | $70,867 |
| Interquartile 75% (IQ3) | 10.5% | $87,517 |
| Interquartile Range (IQR) | 7.6% | $16,650 |
| Standard Deviation (Sample) | 9.2% | $22,039 |
| Standard Deviation (Population) | 9.1% | $21,858 |
Correlation Details
| Immigrants from Venezuela Percentile | Sample Size | Median Household Income |
[ 0.0% - 0.5% ] 0.077% | 198,507,935 | $84,287 |
[ 0.0% - 0.5% ] 0.27% | 40,766,496 | $88,840 |
[ 0.0% - 0.5% ] 0.46% | 16,498,240 | $81,513 |
[ 0.5% - 1.0% ] 0.67% | 9,334,189 | $78,018 |
[ 0.5% - 1.0% ] 0.85% | 4,948,313 | $89,917 |
[ 1.0% - 1.5% ] 1.03% | 2,695,417 | $80,140 |
[ 1.0% - 1.5% ] 1.24% | 2,633,329 | $73,852 |
[ 1.0% - 1.5% ] 1.43% | 1,752,388 | $79,986 |
[ 1.5% - 2.0% ] 1.61% | 1,066,257 | $87,216 |
[ 1.5% - 2.0% ] 1.84% | 693,979 | $82,353 |
[ 1.5% - 2.0% ] 2.00% | 1,555,393 | $79,330 |
[ 2.0% - 2.5% ] 2.18% | 304,093 | $90,956 |
[ 2.0% - 2.5% ] 2.36% | 747,310 | $80,865 |
[ 2.5% - 3.0% ] 2.56% | 529,146 | $75,868 |
[ 2.5% - 3.0% ] 2.77% | 319,940 | $72,412 |
[ 2.5% - 3.0% ] 2.94% | 250,754 | $69,619 |
[ 3.0% - 3.5% ] 3.14% | 366,617 | $73,863 |
[ 3.0% - 3.5% ] 3.33% | 430,339 | $76,797 |
[ 3.5% - 4.0% ] 3.55% | 655,448 | $69,211 |
[ 3.5% - 4.0% ] 3.72% | 594,852 | $61,019 |
[ 3.5% - 4.0% ] 3.99% | 96,877 | $77,762 |
[ 4.0% - 4.5% ] 4.15% | 434,328 | $72,082 |
[ 4.0% - 4.5% ] 4.30% | 352,083 | $67,365 |
[ 4.5% - 5.0% ] 4.52% | 196,179 | $74,267 |
[ 4.5% - 5.0% ] 4.68% | 132,180 | $58,929 |
[ 4.5% - 5.0% ] 4.82% | 240,211 | $70,386 |
[ 5.0% - 5.5% ] 5.05% | 119,732 | $87,206 |
[ 5.0% - 5.5% ] 5.22% | 50,037 | $78,231 |
[ 5.0% - 5.5% ] 5.36% | 95,081 | $65,650 |
[ 5.5% - 6.0% ] 5.65% | 146,976 | $77,548 |
[ 5.5% - 6.0% ] 5.81% | 15,184 | $93,343 |
[ 6.0% - 6.5% ] 6.02% | 240,424 | $113,436 |
[ 6.0% - 6.5% ] 6.26% | 22,202 | $57,145 |
[ 6.0% - 6.5% ] 6.41% | 79,823 | $77,235 |
[ 6.5% - 7.0% ] 6.65% | 27,228 | $132,582 |
[ 7.0% - 7.5% ] 7.19% | 56,589 | $96,360 |
[ 7.0% - 7.5% ] 7.27% | 25,283 | $71,348 |
[ 7.5% - 8.0% ] 7.73% | 21,889 | $91,428 |
[ 8.0% - 8.5% ] 8.00% | 19,895 | $92,053 |
[ 8.5% - 9.0% ] 8.53% | 48,808 | $60,920 |
[ 8.5% - 9.0% ] 8.73% | 51,142 | $83,028 |
[ 9.0% - 9.5% ] 9.16% | 14,557 | $75,540 |
[ 9.0% - 9.5% ] 9.43% | 2,419 | $75,455 |
[ 9.5% - 10.0% ] 9.70% | 78,478 | $45,319 |
[ 10.0% - 10.5% ] 10.01% | 23,734 | $158,184 |
[ 10.0% - 10.5% ] 10.44% | 22,540 | $121,730 |
[ 10.5% - 11.0% ] 10.53% | 66,299 | $67,781 |
[ 10.5% - 11.0% ] 10.78% | 57,150 | $60,645 |
[ 11.0% - 11.5% ] 11.46% | 20,034 | $57,098 |
[ 12.5% - 13.0% ] 12.86% | 70 | $75,263 |
[ 14.0% - 14.5% ] 14.06% | 68,029 | $132,832 |
[ 14.0% - 14.5% ] 14.26% | 54,464 | $42,664 |
[ 14.5% - 15.0% ] 14.53% | 57,878 | $92,831 |
[ 16.0% - 16.5% ] 16.13% | 11,809 | $154,652 |
[ 20.0% - 20.5% ] 20.40% | 5,843 | $73,587 |
[ 21.0% - 21.5% ] 21.29% | 155 | $45,114 |
[ 29.0% - 29.5% ] 29.04% | 1,873 | $84,329 |
[ 35.0% - 35.5% ] 35.06% | 64,751 | $87,817 |
[ 35.5% - 36.0% ] 35.53% | 74,891 | $83,823 |
[ 36.5% - 37.0% ] 36.55% | 249 | $73,626 |
[ 38.0% - 38.5% ] 38.15% | 249 | $82,873 |