Immigrants from Venezuela vs Hungarian 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 485,642,257 people shows a significant negative correlation between the proportion of Hungarians and median family income in the United States with a correlation coefficient (R) of -0.644 and weighted average of $105,609, a difference of 11.3%.

Median Family Income Correlation Summary

Measurement	Immigrants from Venezuela	Hungarian
Minimum	$47,465	$27,438
Maximum	$170,845	$149,519
Range	$123,380	$122,081
Mean	$92,607	$89,113
Median	$89,644	$94,101
Interquartile 25% (IQ1)	$78,947	$71,250
Interquartile 75% (IQ3)	$99,865	$112,341
Interquartile Range (IQR)	$20,918	$41,091
Standard Deviation (Sample)	$24,843	$29,093
Standard Deviation (Population)	$24,635	$28,828

Similar Demographics by Median Family Income

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

Demographics Similar to Hungarians by Median Family Income

In terms of median family income, the demographic groups most similar to Hungarians are Immigrants from Chile ($105,655, a difference of 0.040%), Immigrants from Germany ($105,507, a difference of 0.10%), Irish ($105,453, a difference of 0.15%), Peruvian ($105,444, a difference of 0.16%), and Czech ($105,839, a difference of 0.22%).

Demographics	Rating \| Rank	Median Family Income
Immigrants \| Syria	85.3 /100 \| #141	Excellent $106,118
Slovenes	84.7 /100 \| #142	Excellent $106,020
Tongans	84.3 /100 \| #143	Excellent $105,967
Immigrants \| Morocco	84.3 /100 \| #144	Excellent $105,964
Danes	83.8 /100 \| #145	Excellent $105,900
Czechs	83.4 /100 \| #146	Excellent $105,839
Immigrants \| Chile	82.1 /100 \| #147	Excellent $105,655
Hungarians	81.7 /100 \| #148	Excellent $105,609
Immigrants \| Germany	80.9 /100 \| #149	Excellent $105,507
Irish	80.5 /100 \| #150	Excellent $105,453
Peruvians	80.4 /100 \| #151	Excellent $105,444
Immigrants \| Albania	79.1 /100 \| #152	Good $105,285
Slavs	77.9 /100 \| #153	Good $105,144
Immigrants \| Nepal	76.3 /100 \| #154	Good $104,966
Native Hawaiians	75.8 /100 \| #155	Good $104,910