Immigrants from Venezuela vs Nicaraguan Median Household Income
COMPARE
Immigrants from Venezuela
Nicaraguan
Median Household Income
Median Household Income Comparison
Immigrants from Venezuela
Nicaraguans
$81,506
MEDIAN HOUSEHOLD INCOME
9.0/ 100
METRIC RATING
220th/ 347
METRIC RANK
$79,737
MEDIAN HOUSEHOLD INCOME
3.1/ 100
METRIC RATING
237th/ 347
METRIC RANK
Immigrants from Venezuela vs Nicaraguan Median Household Income Correlation Chart
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 285,567,751 people shows a moderate negative correlation between the proportion of Nicaraguans and median household income in the United States with a correlation coefficient (R) of -0.455 and weighted average of $79,737, a difference of 2.2%.
Median Household Income Correlation Summary
Measurement | Immigrants from Venezuela | Nicaraguan |
Minimum | $42,664 | $29,878 |
Maximum | $158,184 | $129,595 |
Range | $115,520 | $99,717 |
Mean | $81,402 | $70,971 |
Median | $77,762 | $72,218 |
Interquartile 25% (IQ1) | $70,867 | $56,639 |
Interquartile 75% (IQ3) | $87,517 | $85,047 |
Interquartile Range (IQR) | $16,650 | $28,408 |
Standard Deviation (Sample) | $22,039 | $19,770 |
Standard Deviation (Population) | $21,858 | $19,624 |
Demographics Similar to Immigrants from Venezuela and Nicaraguans 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 Nicaraguans are Barbadian ($79,664, a difference of 0.090%), Immigrants from Bosnia and Herzegovina ($79,888, a difference of 0.19%), Immigrants from Guyana ($80,324, a difference of 0.74%), Immigrants from Ecuador ($80,341, a difference of 0.76%), and Immigrants from the Azores ($80,357, a difference of 0.78%).
Demographics | Rating | Rank | Median Household Income |
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 |
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 |