Immigrants from Venezuela vs Cape Verdean 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 107,534,548 people shows a weak negative correlation between the proportion of Cape Verdeans and median household income in the United States with a correlation coefficient (R) of -0.201 and weighted average of $75,848, a difference of 7.5%.

Median Household Income Correlation Summary

Measurement	Immigrants from Venezuela	Cape Verdean
Minimum	$42,664	$37,158
Maximum	$158,184	$115,791
Range	$115,520	$78,633
Mean	$81,402	$75,036
Median	$77,762	$76,048
Interquartile 25% (IQ1)	$70,867	$63,051
Interquartile 75% (IQ3)	$87,517	$86,492
Interquartile Range (IQR)	$16,650	$23,441
Standard Deviation (Sample)	$22,039	$17,562
Standard Deviation (Population)	$21,858	$17,408

Similar Demographics by Median Household Income

Demographics Similar to Immigrants from Venezuela 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%).

Demographics	Rating \| Rank	Median Household Income
Nepalese	15.1 /100 \| #213	Poor $82,410
Panamanians	14.0 /100 \| #214	Poor $82,272
Vietnamese	13.8 /100 \| #215	Poor $82,248
Yugoslavians	13.3 /100 \| #216	Poor $82,186
Ecuadorians	12.5 /100 \| #217	Poor $82,070
Whites/Caucasians	12.2 /100 \| #218	Poor $82,029
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

Demographics Similar to Cape Verdeans by Median Household Income

In terms of median household income, the demographic groups most similar to Cape Verdeans are Immigrants from Jamaica ($75,851, a difference of 0.0%), German Russian ($75,856, a difference of 0.010%), Hmong ($75,839, a difference of 0.010%), Pennsylvania German ($75,814, a difference of 0.050%), and Somali ($75,782, a difference of 0.090%).

Demographics	Rating \| Rank	Median Household Income
French American Indians	0.4 /100 \| #262	Tragic $76,387
Alaskan Athabascans	0.4 /100 \| #263	Tragic $76,383
Guatemalans	0.3 /100 \| #264	Tragic $75,961
Immigrants \| Belize	0.3 /100 \| #265	Tragic $75,938
Americans	0.3 /100 \| #266	Tragic $75,932
German Russians	0.3 /100 \| #267	Tragic $75,856
Immigrants \| Jamaica	0.3 /100 \| #268	Tragic $75,851
Cape Verdeans	0.3 /100 \| #269	Tragic $75,848
Hmong	0.3 /100 \| #270	Tragic $75,839
Pennsylvania Germans	0.3 /100 \| #271	Tragic $75,814
Somalis	0.3 /100 \| #272	Tragic $75,782
Liberians	0.2 /100 \| #273	Tragic $75,667
British West Indians	0.2 /100 \| #274	Tragic $75,647
Immigrants \| Micronesia	0.2 /100 \| #275	Tragic $75,574
Immigrants \| Latin America	0.2 /100 \| #276	Tragic $75,420