Immigrants from Korea vs Immigrants from Venezuela Median Household Income

The statistical analysis conducted on geographies consisting of 415,854,714 people shows no correlation between the proportion of Immigrants from Korea and median household income in the United States with a correlation coefficient (R) of -0.046 and weighted average of $102,962. 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 26.3%.

In terms of median household income, the demographic groups most similar to Immigrants from Korea are Cypriot ($102,843, a difference of 0.12%), Burmese ($103,145, a difference of 0.18%), Immigrants from Australia ($102,562, a difference of 0.39%), Bolivian ($102,195, a difference of 0.75%), and Immigrants from Israel ($104,090, a difference of 1.1%).

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%).