Venezuelan vs West Indian Median Family Income

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. Similarly, the statistical analysis conducted on geographies consisting of 253,786,025 people shows a slight positive correlation between the proportion of West Indians and median family income in the United States with a correlation coefficient (R) of 0.052 and weighted average of $92,765, a difference of 3.8%.

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%).

In terms of median family income, the demographic groups most similar to West Indians are Immigrants from Ecuador ($92,837, a difference of 0.080%), French American Indian ($92,872, a difference of 0.11%), Immigrants from Senegal ($92,912, a difference of 0.16%), Immigrants from Somalia ($92,609, a difference of 0.17%), and Immigrants from El Salvador ($92,545, a difference of 0.24%).