Immigrants from Venezuela vs Hispanic or Latino Per Capita Income

The statistical analysis conducted on geographies consisting of 287,848,526 people shows no correlation between the proportion of Immigrants from Venezuela and per capita income in the United States with a correlation coefficient (R) of -0.014 and weighted average of $41,727. Similarly, the statistical analysis conducted on geographies consisting of 578,671,475 people shows a near-perfect negative correlation between the proportion of Hispanics or Latinos and per capita income in the United States with a correlation coefficient (R) of -0.936 and weighted average of $35,688, a difference of 16.9%.

In terms of per capita income, the demographic groups most similar to Immigrants from Venezuela are Immigrants from Bangladesh ($41,709, a difference of 0.040%), Sudanese ($41,695, a difference of 0.080%), Tongan ($41,693, a difference of 0.080%), Guamanian/Chamorro ($41,678, a difference of 0.12%), and Trinidadian and Tobagonian ($41,655, a difference of 0.17%).

In terms of per capita income, the demographic groups most similar to Hispanics or Latinos are Immigrants from Congo ($35,720, a difference of 0.090%), Black/African American ($35,564, a difference of 0.35%), Creek ($35,546, a difference of 0.40%), Bangladeshi ($35,897, a difference of 0.59%), and Dutch West Indian ($35,922, a difference of 0.66%).