Immigrants from Western Europe vs Immigrants from Venezuela Median Household Income

The statistical analysis conducted on geographies consisting of 493,674,241 people shows a significant negative correlation between the proportion of Immigrants from Western Europe and median household income in the United States with a correlation coefficient (R) of -0.610 and weighted average of $91,936. Similarly, 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, a difference of 12.8%.

In terms of median household income, the demographic groups most similar to Immigrants from Western Europe are Immigrants from Lebanon ($91,887, a difference of 0.050%), Romanian ($91,994, a difference of 0.060%), Assyrian/Chaldean/Syriac ($91,991, a difference of 0.060%), Immigrants from Vietnam ($91,987, a difference of 0.060%), and Immigrants from North America ($91,860, a difference of 0.080%).

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%).