Icelander vs Venezuelan Community Comparison

The statistical analysis conducted on geographies consisting of 124,452,097 people shows a significant positive correlation between the proportion of Venezuelans within Icelander communities in the United States with a correlation coefficient (R) of 0.691. On average, for every 1% (one percent) increase in Icelanders within a typical geography, there is an increase of 1.181% in Venezuelans. To illustrate, in a geography comprising of 100,000 individuals, a rise of 1,000 Icelanders corresponds to an increase of 1,180.7 Venezuelans.

When considering income, the most significant differences between Icelander and Venezuelan communities in the United States are seen in median family income ($104,282 compared to $96,281, a difference of 8.3%), householder income ages 25 - 44 years ($95,560 compared to $88,232, a difference of 8.3%), and per capita income ($44,987 compared to $42,074, a difference of 6.9%). Conversely, both communities are more comparable in terms of householder income under 25 years ($51,247 compared to $50,011, a difference of 2.5%), median household income ($85,797 compared to $82,432, a difference of 4.1%), and wage/income gap (27.5% compared to 26.3%, a difference of 4.4%).

When considering poverty, the most significant differences between Icelander and Venezuelan communities in the United States are seen in married-couple family poverty (4.5% compared to 5.8%, a difference of 27.3%), seniors poverty over the age of 65 (10.3% compared to 12.5%, a difference of 22.3%), and female poverty among 18-24 year olds (21.5% compared to 17.7%, a difference of 21.5%). Conversely, both communities are more comparable in terms of male poverty (11.0% compared to 11.0%, a difference of 0.13%), single male poverty (12.5% compared to 12.4%, a difference of 0.16%), and child poverty among girls under 16 (15.7% compared to 15.8%, a difference of 0.46%).

When considering unemployment, the most significant differences between Icelander and Venezuelan communities in the United States are seen in unemployment among women with children ages 6 to 17 years (8.1% compared to 10.2%, a difference of 26.0%), unemployment among seniors over 75 years (7.0% compared to 8.1%, a difference of 15.6%), and unemployment among ages 55 to 59 years (4.7% compared to 4.2%, a difference of 13.5%). Conversely, both communities are more comparable in terms of unemployment among ages 16 to 19 years (17.0% compared to 17.1%, a difference of 0.29%), female unemployment (4.9% compared to 5.0%, a difference of 1.6%), and unemployment among ages 25 to 29 years (6.3% compared to 6.2%, a difference of 2.2%).

When considering labor participation, the most significant differences between Icelander and Venezuelan communities in the United States are seen in in labor force | age 16-19 (40.8% compared to 34.0%, a difference of 20.1%), in labor force | age 20-24 (76.9% compared to 73.3%, a difference of 4.9%), and in labor force | age 45-54 (82.8% compared to 83.6%, a difference of 1.0%). Conversely, both communities are more comparable in terms of in labor force | age 20-64 (79.7% compared to 80.0%, a difference of 0.38%), in labor force | age 25-29 (84.8% compared to 84.4%, a difference of 0.46%), and in labor force | age 35-44 (84.0% compared to 84.4%, a difference of 0.48%).

When considering family structure, the most significant differences between Icelander and Venezuelan communities in the United States are seen in single mother households (6.0% compared to 6.6%, a difference of 11.0%), divorced or separated (12.0% compared to 13.0%, a difference of 8.6%), and family households with children (27.6% compared to 29.4%, a difference of 6.3%). Conversely, both communities are more comparable in terms of currently married (47.3% compared to 47.1%, a difference of 0.43%), married-couple households (47.0% compared to 47.6%, a difference of 1.3%), and average family size (3.19 compared to 3.25, a difference of 2.0%).

When considering vehicle availability, the most significant differences between Icelander and Venezuelan communities in the United States are seen in 4 or more vehicles in household (7.4% compared to 5.3%, a difference of 38.3%), 3 or more vehicles in household (21.5% compared to 18.0%, a difference of 19.5%), and no vehicles in household (9.6% compared to 8.1%, a difference of 18.4%). Conversely, both communities are more comparable in terms of 1 or more vehicles in household (90.5% compared to 91.9%, a difference of 1.5%), 2 or more vehicles in household (58.0% compared to 56.1%, a difference of 3.4%), and no vehicles in household (9.6% compared to 8.1%, a difference of 18.4%).

When considering education level, the most significant differences between Icelander and Venezuelan communities in the United States are seen in doctorate degree (2.1% compared to 1.7%, a difference of 17.7%), no schooling completed (1.7% compared to 2.0%, a difference of 13.9%), and professional degree (4.8% compared to 4.9%, a difference of 2.9%). Conversely, both communities are more comparable in terms of nursery school (98.3% compared to 98.0%, a difference of 0.31%), kindergarten (98.3% compared to 98.0%, a difference of 0.32%), and 1st grade (98.3% compared to 98.0%, a difference of 0.32%).

When considering disability, the most significant differences between Icelander and Venezuelan communities in the United States are seen in disability age 18 to 34 (7.1% compared to 5.8%, a difference of 23.1%), hearing disability (3.2% compared to 2.6%, a difference of 21.1%), and disability age 35 to 64 (11.4% compared to 9.4%, a difference of 20.8%). Conversely, both communities are more comparable in terms of disability age over 75 (46.7% compared to 46.9%, a difference of 0.32%), vision disability (2.1% compared to 2.1%, a difference of 2.0%), and disability age under 5 (1.2% compared to 1.2%, a difference of 3.0%).