Immigrants from Latin America vs Venezuelan Median Earnings

The statistical analysis conducted on geographies consisting of 558,378,715 people shows a strong negative correlation between the proportion of Immigrants from Latin America and median earnings in the United States with a correlation coefficient (R) of -0.721 and weighted average of $41,049. Similarly, the statistical analysis conducted on geographies consisting of 306,328,741 people shows a slight positive correlation between the proportion of Venezuelans and median earnings in the United States with a correlation coefficient (R) of 0.055 and weighted average of $44,580, a difference of 8.6%.

Median Earnings Correlation Summary

Measurement	Immigrants from Latin America	Venezuelan
Minimum	$9,917	$23,314
Maximum	$51,911	$78,969
Range	$41,994	$55,655
Mean	$36,860	$43,969
Median	$35,939	$42,571
Interquartile 25% (IQ1)	$33,290	$39,048
Interquartile 75% (IQ3)	$40,442	$46,866
Interquartile Range (IQR)	$7,152	$7,818
Standard Deviation (Sample)	$6,579	$9,261
Standard Deviation (Population)	$6,556	$9,192

Similar Demographics by Median Earnings

Demographics Similar to Immigrants from Latin America by Median Earnings

In terms of median earnings, the demographic groups most similar to Immigrants from Latin America are Ute ($41,051, a difference of 0.010%), Immigrants from Caribbean ($41,119, a difference of 0.17%), Immigrants from Micronesia ($41,133, a difference of 0.20%), Shoshone ($40,932, a difference of 0.29%), and Haitian ($40,918, a difference of 0.32%).

Demographics	Rating \| Rank	Median Earnings
Potawatomi	0.1 /100 \| #294	Tragic $41,288
Bangladeshis	0.1 /100 \| #295	Tragic $41,263
Cherokee	0.1 /100 \| #296	Tragic $41,252
Guatemalans	0.1 /100 \| #297	Tragic $41,205
Immigrants \| Micronesia	0.1 /100 \| #298	Tragic $41,133
Immigrants \| Caribbean	0.1 /100 \| #299	Tragic $41,119
Ute	0.1 /100 \| #300	Tragic $41,051
Immigrants \| Latin America	0.1 /100 \| #301	Tragic $41,049
Shoshone	0.0 /100 \| #302	Tragic $40,932
Haitians	0.0 /100 \| #303	Tragic $40,918
Immigrants \| Guatemala	0.0 /100 \| #304	Tragic $40,851
Chickasaw	0.0 /100 \| #305	Tragic $40,672
Yaqui	0.0 /100 \| #306	Tragic $40,647
Hondurans	0.0 /100 \| #307	Tragic $40,638
Cubans	0.0 /100 \| #308	Tragic $40,619

Demographics Similar to Venezuelans by Median Earnings

In terms of median earnings, the demographic groups most similar to Venezuelans are British West Indian ($44,552, a difference of 0.060%), Cape Verdean ($44,640, a difference of 0.14%), Immigrants from Ecuador ($44,462, a difference of 0.27%), Sudanese ($44,419, a difference of 0.36%), and Immigrants from Sudan ($44,767, a difference of 0.42%).

Demographics	Rating \| Rank	Median Earnings
Immigrants \| Iraq	11.6 /100 \| #228	Poor $44,988
Scotch-Irish	10.7 /100 \| #229	Poor $44,924
Immigrants \| Western Africa	10.3 /100 \| #230	Poor $44,893
Japanese	9.5 /100 \| #231	Tragic $44,825
Delaware	9.0 /100 \| #232	Tragic $44,783
Immigrants \| Sudan	8.8 /100 \| #233	Tragic $44,767
Cape Verdeans	7.5 /100 \| #234	Tragic $44,640
Venezuelans	6.9 /100 \| #235	Tragic $44,580
British West Indians	6.7 /100 \| #236	Tragic $44,552
Immigrants \| Ecuador	5.9 /100 \| #237	Tragic $44,462
Sudanese	5.6 /100 \| #238	Tragic $44,419
Senegalese	5.3 /100 \| #239	Tragic $44,373
Aleuts	4.4 /100 \| #240	Tragic $44,241
Samoans	4.2 /100 \| #241	Tragic $44,206
Immigrants \| Venezuela	4.0 /100 \| #242	Tragic $44,163