Immigrants from Europe vs Immigrants from Venezuela Median Household Income

The statistical analysis conducted on geographies consisting of 546,586,899 people shows a moderate negative correlation between the proportion of Immigrants from Europe and median household income in the United States with a correlation coefficient (R) of -0.490 and weighted average of $95,032. Similarly, the statistical analysis conducted on geographies consisting of 287,748,058 people shows a slight positive correlation between the proportion of Immigrants from Venezuela and median household income in the United States with a correlation coefficient (R) of 0.050 and weighted average of $81,506, a difference of 16.6%.

In terms of median household income, the demographic groups most similar to Immigrants from Europe are Korean ($95,018, a difference of 0.020%), Laotian ($94,990, a difference of 0.040%), Soviet Union ($95,098, a difference of 0.070%), New Zealander ($95,146, a difference of 0.12%), and Immigrants from Norway ($94,846, a difference of 0.20%).

In terms of median household income, the demographic groups most similar to Immigrants from Venezuela are Immigrants from Ghana ($81,489, a difference of 0.020%), Nigerian ($81,725, a difference of 0.27%), Immigrants from Nigeria ($81,236, a difference of 0.33%), Immigrants from El Salvador ($81,213, a difference of 0.36%), and Malaysian ($81,064, a difference of 0.54%).