Immigrants from Venezuela vs Barbadian Median Household Income

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. Similarly, the statistical analysis conducted on geographies consisting of 141,253,267 people shows no correlation between the proportion of Barbadians and median household income in the United States with a correlation coefficient (R) of -0.039 and weighted average of $79,664, a difference of 2.3%.

Median Household Income Correlation Summary

Measurement	Immigrants from Venezuela	Barbadian
Minimum	$42,664	$37,500
Maximum	$158,184	$166,111
Range	$115,520	$128,611
Mean	$81,402	$78,382
Median	$77,762	$79,225
Interquartile 25% (IQ1)	$70,867	$64,694
Interquartile 75% (IQ3)	$87,517	$86,916
Interquartile Range (IQR)	$16,650	$22,222
Standard Deviation (Sample)	$22,039	$22,744
Standard Deviation (Population)	$21,858	$22,565

Demographics Similar to Immigrants from Venezuela and Barbadians by Median Household Income

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%). Similarly, the demographic groups most similar to Barbadians are Nicaraguan ($79,737, a difference of 0.090%), Alaska Native ($79,509, a difference of 0.20%), Immigrants from Bosnia and Herzegovina ($79,888, a difference of 0.28%), Immigrants from Guyana ($80,324, a difference of 0.83%), and Immigrants from Ecuador ($80,341, a difference of 0.85%).

Demographics	Rating \| Rank	Median Household Income
Nigerians	10.3 /100 \| #219	Poor $81,725
Immigrants \| Venezuela	9.0 /100 \| #220	Tragic $81,506
Immigrants \| Ghana	9.0 /100 \| #221	Tragic $81,489
Immigrants \| Nigeria	7.7 /100 \| #222	Tragic $81,236
Immigrants \| El Salvador	7.6 /100 \| #223	Tragic $81,213
Malaysians	7.0 /100 \| #224	Tragic $81,064
Scotch-Irish	6.6 /100 \| #225	Tragic $80,972
Immigrants \| Panama	6.2 /100 \| #226	Tragic $80,873
Guyanese	5.7 /100 \| #227	Tragic $80,734
Immigrants \| Bangladesh	5.7 /100 \| #228	Tragic $80,722
Delaware	5.0 /100 \| #229	Tragic $80,527
Bermudans	4.7 /100 \| #230	Tragic $80,406
Trinidadians and Tobagonians	4.7 /100 \| #231	Tragic $80,402
Immigrants \| Trinidad and Tobago	4.6 /100 \| #232	Tragic $80,373
Immigrants \| Azores	4.5 /100 \| #233	Tragic $80,357
Immigrants \| Ecuador	4.5 /100 \| #234	Tragic $80,341
Immigrants \| Guyana	4.5 /100 \| #235	Tragic $80,324
Immigrants \| Bosnia and Herzegovina	3.4 /100 \| #236	Tragic $79,888
Nicaraguans	3.1 /100 \| #237	Tragic $79,737
Barbadians	3.0 /100 \| #238	Tragic $79,664
Alaska Natives	2.7 /100 \| #239	Tragic $79,509