Immigrants from Southern Europe vs Venezuelan Median Family Income

The statistical analysis conducted on geographies consisting of 402,509,296 people shows a significant negative correlation between the proportion of Immigrants from Southern Europe and median family income in the United States with a correlation coefficient (R) of -0.614 and weighted average of $110,614. Similarly, the statistical analysis conducted on geographies consisting of 306,049,967 people shows a poor negative correlation between the proportion of Venezuelans and median family income in the United States with a correlation coefficient (R) of -0.131 and weighted average of $96,281, a difference of 14.9%.

Median Family Income Correlation Summary

Measurement	Immigrants from Southern Europe	Venezuelan
Minimum	$43,571	$47,465
Maximum	$141,836	$178,821
Range	$98,265	$131,356
Mean	$97,967	$93,300
Median	$102,217	$91,055
Interquartile 25% (IQ1)	$78,639	$78,904
Interquartile 75% (IQ3)	$117,023	$98,659
Interquartile Range (IQR)	$38,384	$19,755
Standard Deviation (Sample)	$25,189	$24,946
Standard Deviation (Population)	$24,793	$24,759

Similar Demographics by Median Family Income

Demographics Similar to Immigrants from Southern Europe by Median Family Income

In terms of median family income, the demographic groups most similar to Immigrants from Southern Europe are Northern European ($110,635, a difference of 0.020%), Immigrants from Argentina ($110,873, a difference of 0.23%), Immigrants from Lebanon ($110,159, a difference of 0.41%), Immigrants from Kazakhstan ($110,137, a difference of 0.43%), and Korean ($110,103, a difference of 0.46%).

Demographics	Rating \| Rank	Median Family Income
Immigrants \| Hungary	98.8 /100 \| #84	Exceptional $111,378
Croatians	98.8 /100 \| #85	Exceptional $111,370
Ukrainians	98.8 /100 \| #86	Exceptional $111,368
Austrians	98.8 /100 \| #87	Exceptional $111,306
Romanians	98.8 /100 \| #88	Exceptional $111,243
Immigrants \| Argentina	98.5 /100 \| #89	Exceptional $110,873
Northern Europeans	98.3 /100 \| #90	Exceptional $110,635
Immigrants \| Southern Europe	98.3 /100 \| #91	Exceptional $110,614
Immigrants \| Lebanon	97.9 /100 \| #92	Exceptional $110,159
Immigrants \| Kazakhstan	97.8 /100 \| #93	Exceptional $110,137
Koreans	97.8 /100 \| #94	Exceptional $110,103
Zimbabweans	97.7 /100 \| #95	Exceptional $110,011
Immigrants \| Moldova	97.7 /100 \| #96	Exceptional $109,975
Jordanians	97.5 /100 \| #97	Exceptional $109,865
Immigrants \| Kuwait	97.4 /100 \| #98	Exceptional $109,731

Demographics Similar to Venezuelans by Median Family Income

In terms of median family income, the demographic groups most similar to Venezuelans are Nonimmigrants ($96,231, a difference of 0.050%), Immigrants from Nigeria ($96,439, a difference of 0.16%), Vietnamese ($96,123, a difference of 0.16%), Immigrants from Ghana ($96,544, a difference of 0.27%), and Sudanese ($96,783, a difference of 0.52%).

Demographics	Rating \| Rank	Median Family Income
Immigrants \| Bosnia and Herzegovina	6.4 /100 \| #216	Tragic $97,432
Japanese	6.0 /100 \| #217	Tragic $97,288
Immigrants \| Cambodia	5.8 /100 \| #218	Tragic $97,222
Delaware	5.1 /100 \| #219	Tragic $96,958
Sudanese	4.7 /100 \| #220	Tragic $96,783
Immigrants \| Ghana	4.2 /100 \| #221	Tragic $96,544
Immigrants \| Nigeria	4.0 /100 \| #222	Tragic $96,439
Venezuelans	3.7 /100 \| #223	Tragic $96,281
Immigrants \| Nonimmigrants	3.6 /100 \| #224	Tragic $96,231
Vietnamese	3.4 /100 \| #225	Tragic $96,123
Immigrants \| Panama	2.7 /100 \| #226	Tragic $95,647
Alaska Natives	2.6 /100 \| #227	Tragic $95,573
Immigrants \| Azores	2.4 /100 \| #228	Tragic $95,402
Marshallese	2.2 /100 \| #229	Tragic $95,293
Malaysians	2.2 /100 \| #230	Tragic $95,230