Hispanic or Latino vs Immigrants from Venezuela Per Capita Income

The statistical analysis conducted on geographies consisting of 578,671,475 people shows a near-perfect negative correlation between the proportion of Hispanics or Latinos and per capita income in the United States with a correlation coefficient (R) of -0.936 and weighted average of $35,688. Similarly, the statistical analysis conducted on geographies consisting of 287,848,526 people shows no correlation between the proportion of Immigrants from Venezuela and per capita income in the United States with a correlation coefficient (R) of -0.014 and weighted average of $41,727, a difference of 16.9%.

In terms of per capita income, the demographic groups most similar to Hispanics or Latinos are Immigrants from Congo ($35,720, a difference of 0.090%), Black/African American ($35,564, a difference of 0.35%), Creek ($35,546, a difference of 0.40%), Bangladeshi ($35,897, a difference of 0.59%), and Dutch West Indian ($35,922, a difference of 0.66%).

In terms of per capita income, the demographic groups most similar to Immigrants from Venezuela are Immigrants from Bangladesh ($41,709, a difference of 0.040%), Sudanese ($41,695, a difference of 0.080%), Tongan ($41,693, a difference of 0.080%), Guamanian/Chamorro ($41,678, a difference of 0.12%), and Trinidadian and Tobagonian ($41,655, a difference of 0.17%).