Immigrants from Nepal vs Venezuelan Median Household Income

The statistical analysis conducted on geographies consisting of 186,662,148 people shows a moderate negative correlation between the proportion of Immigrants from Nepal and median household income in the United States with a correlation coefficient (R) of -0.420 and weighted average of $87,046. Similarly, the statistical analysis conducted on geographies consisting of 306,067,078 people shows no correlation between the proportion of Venezuelans and median household income in the United States with a correlation coefficient (R) of 0.047 and weighted average of $82,432, a difference of 5.6%.

Median Household Income Correlation Summary

Measurement	Immigrants from Nepal	Venezuelan
Minimum	$35,329	$42,664
Maximum	$131,777	$154,652
Range	$96,448	$111,988
Mean	$81,976	$82,593
Median	$82,737	$79,442
Interquartile 25% (IQ1)	$73,125	$73,873
Interquartile 75% (IQ3)	$92,873	$86,330
Interquartile Range (IQR)	$19,748	$12,458
Standard Deviation (Sample)	$17,803	$20,652
Standard Deviation (Population)	$17,677	$20,500

Similar Demographics by Median Household Income

Demographics Similar to Immigrants from Nepal by Median Household Income

In terms of median household income, the demographic groups most similar to Immigrants from Nepal are Basque ($87,001, a difference of 0.050%), Hungarian ($86,920, a difference of 0.15%), Immigrants from Saudi Arabia ($86,875, a difference of 0.20%), Costa Rican ($87,262, a difference of 0.25%), and South American ($86,824, a difference of 0.26%).

Demographics	Rating \| Rank	Median Household Income
Canadians	84.7 /100 \| #142	Excellent $87,769
Danes	83.9 /100 \| #143	Excellent $87,676
Serbians	83.0 /100 \| #144	Excellent $87,572
Ugandans	82.9 /100 \| #145	Excellent $87,557
Immigrants \| Uganda	82.8 /100 \| #146	Excellent $87,553
South American Indians	81.8 /100 \| #147	Excellent $87,446
Costa Ricans	80.0 /100 \| #148	Excellent $87,262
Immigrants \| Nepal	77.7 /100 \| #149	Good $87,046
Basques	77.2 /100 \| #150	Good $87,001
Hungarians	76.3 /100 \| #151	Good $86,920
Immigrants \| Saudi Arabia	75.8 /100 \| #152	Good $86,875
South Americans	75.1 /100 \| #153	Good $86,824
Immigrants \| Germany	74.4 /100 \| #154	Good $86,764
Carpatho Rusyns	72.8 /100 \| #155	Good $86,635
Immigrants \| Albania	71.5 /100 \| #156	Good $86,534

Demographics Similar to Venezuelans by Median Household Income

In terms of median household income, the demographic groups most similar to Venezuelans are Salvadoran ($82,449, a difference of 0.020%), Nepalese ($82,410, a difference of 0.030%), Immigrants from Uruguay ($82,560, a difference of 0.16%), Immigrants from Iraq ($82,594, a difference of 0.20%), and Panamanian ($82,272, a difference of 0.20%).

Demographics	Rating \| Rank	Median Household Income
Celtics	22.7 /100 \| #205	Fair $83,193
Immigrants \| Kenya	21.3 /100 \| #206	Fair $83,068
Dutch	20.3 /100 \| #207	Fair $82,971
French Canadians	18.7 /100 \| #208	Poor $82,810
Immigrants \| Iraq	16.7 /100 \| #209	Poor $82,594
Immigrants \| Uruguay	16.4 /100 \| #210	Poor $82,560
Salvadorans	15.4 /100 \| #211	Poor $82,449
Venezuelans	15.3 /100 \| #212	Poor $82,432
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