Ecuadorian vs Venezuelan Median Family Income

The statistical analysis conducted on geographies consisting of 317,539,775 people shows a weak negative correlation between the proportion of Ecuadorians and median family income in the United States with a correlation coefficient (R) of -0.295 and weighted average of $95,114. Similarly, the statistical analysis conducted on geographies consisting of 306,049,967 people shows a poor negative correlation between the proportion of Venezuelans and median family income in the United States with a correlation coefficient (R) of -0.131 and weighted average of $96,281, a difference of 1.2%.

In terms of median family income, the demographic groups most similar to Ecuadorians are Malaysian ($95,230, a difference of 0.12%), Marshallese ($95,293, a difference of 0.19%), Immigrants from Venezuela ($94,904, a difference of 0.22%), Immigrants from the Azores ($95,402, a difference of 0.30%), and Immigrants from Bangladesh ($94,665, a difference of 0.47%). Similarly, the demographic groups most similar to Venezuelans are Nonimmigrants ($96,231, a difference of 0.050%), Immigrants from Nigeria ($96,439, a difference of 0.16%), Vietnamese ($96,123, a difference of 0.16%), Immigrants from Ghana ($96,544, a difference of 0.27%), and Sudanese ($96,783, a difference of 0.52%).