Latvian vs Venezuelan Median Family Income
COMPARE
Latvian
Venezuelan
Median Family Income
Median Family Income Comparison
Latvians
Venezuelans
$120,301
MEDIAN FAMILY INCOME
100.0/ 100
METRIC RATING
29th/ 347
METRIC RANK
$96,281
MEDIAN FAMILY INCOME
3.7/ 100
METRIC RATING
223rd/ 347
METRIC RANK
Latvian vs Venezuelan Median Family Income Correlation Chart
The statistical analysis conducted on geographies consisting of 220,626,536 people shows a moderate negative correlation between the proportion of Latvians and median family income in the United States with a correlation coefficient (R) of -0.402 and weighted average of $120,301. 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 24.9%.
Median Family Income Correlation Summary
Measurement | Latvian | Venezuelan |
Minimum | $41,641 | $47,465 |
Maximum | $207,328 | $178,821 |
Range | $165,687 | $131,356 |
Mean | $114,631 | $93,300 |
Median | $116,635 | $91,055 |
Interquartile 25% (IQ1) | $80,254 | $78,904 |
Interquartile 75% (IQ3) | $139,118 | $98,659 |
Interquartile Range (IQR) | $58,864 | $19,755 |
Standard Deviation (Sample) | $40,043 | $24,946 |
Standard Deviation (Population) | $39,714 | $24,759 |
Similar Demographics by Median Family Income
Demographics Similar to Latvians by Median Family Income
In terms of median family income, the demographic groups most similar to Latvians are Immigrants from Sri Lanka ($120,263, a difference of 0.030%), Immigrants from Denmark ($120,445, a difference of 0.12%), Russian ($120,487, a difference of 0.15%), Immigrants from France ($120,076, a difference of 0.19%), and Asian ($119,955, a difference of 0.29%).
Demographics | Rating | Rank | Median Family Income |
Immigrants | Sweden | 100.0 /100 | #22 | Exceptional $122,765 |
Immigrants | Japan | 100.0 /100 | #23 | Exceptional $122,764 |
Immigrants | Northern Europe | 100.0 /100 | #24 | Exceptional $121,840 |
Turks | 100.0 /100 | #25 | Exceptional $121,202 |
Immigrants | Switzerland | 100.0 /100 | #26 | Exceptional $120,726 |
Russians | 100.0 /100 | #27 | Exceptional $120,487 |
Immigrants | Denmark | 100.0 /100 | #28 | Exceptional $120,445 |
Latvians | 100.0 /100 | #29 | Exceptional $120,301 |
Immigrants | Sri Lanka | 100.0 /100 | #30 | Exceptional $120,263 |
Immigrants | France | 100.0 /100 | #31 | Exceptional $120,076 |
Asians | 100.0 /100 | #32 | Exceptional $119,955 |
Bhutanese | 100.0 /100 | #33 | Exceptional $119,800 |
Bolivians | 100.0 /100 | #34 | Exceptional $119,479 |
Soviet Union | 100.0 /100 | #35 | Exceptional $119,262 |
Israelis | 100.0 /100 | #36 | Exceptional $118,577 |
Demographics Similar to Venezuelans by Median Family Income
In terms of median family income, 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%).
Demographics | Rating | Rank | Median Family Income |
Immigrants | Bosnia and Herzegovina | 6.4 /100 | #216 | Tragic $97,432 |
Japanese | 6.0 /100 | #217 | Tragic $97,288 |
Immigrants | Cambodia | 5.8 /100 | #218 | Tragic $97,222 |
Delaware | 5.1 /100 | #219 | Tragic $96,958 |
Sudanese | 4.7 /100 | #220 | Tragic $96,783 |
Immigrants | Ghana | 4.2 /100 | #221 | Tragic $96,544 |
Immigrants | Nigeria | 4.0 /100 | #222 | Tragic $96,439 |
Venezuelans | 3.7 /100 | #223 | Tragic $96,281 |
Immigrants | Nonimmigrants | 3.6 /100 | #224 | Tragic $96,231 |
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 |