White/Caucasian vs Immigrants from Venezuela Median Family Income

The statistical analysis conducted on geographies consisting of 582,814,142 people shows a strong positive correlation between the proportion of Whites/Caucasians and median family income in the United States with a correlation coefficient (R) of 0.750 and weighted average of $99,800. Similarly, the statistical analysis conducted on geographies consisting of 287,745,921 people shows a poor negative correlation between the proportion of Immigrants from Venezuela and median family income in the United States with a correlation coefficient (R) of -0.130 and weighted average of $94,904, a difference of 5.2%.

In terms of median family income, the demographic groups most similar to Whites/Caucasians are Immigrants from Thailand ($99,840, a difference of 0.040%), Spanish ($99,977, a difference of 0.18%), Scotch-Irish ($99,591, a difference of 0.21%), Yugoslavian ($100,119, a difference of 0.32%), and Immigrants from Africa ($100,256, a difference of 0.46%).

In terms of median family income, the demographic groups most similar to Immigrants from Venezuela are Ecuadorian ($95,114, a difference of 0.22%), Immigrants from Bangladesh ($94,665, a difference of 0.25%), Immigrants from Western Africa ($94,638, a difference of 0.28%), Malaysian ($95,230, a difference of 0.34%), and Marshallese ($95,293, a difference of 0.41%).