Immigrants from Western Europe vs Venezuelan Median Household Income

The statistical analysis conducted on geographies consisting of 493,674,241 people shows a significant negative correlation between the proportion of Immigrants from Western Europe and median household income in the United States with a correlation coefficient (R) of -0.610 and weighted average of $91,936. Similarly, the statistical analysis conducted on geographies consisting of 306,067,078 people shows no correlation between the proportion of Venezuelans and median household income in the United States with a correlation coefficient (R) of 0.047 and weighted average of $82,432, a difference of 11.5%.

In terms of median household income, the demographic groups most similar to Immigrants from Western Europe are Immigrants from Lebanon ($91,887, a difference of 0.050%), Romanian ($91,994, a difference of 0.060%), Assyrian/Chaldean/Syriac ($91,991, a difference of 0.060%), Immigrants from Vietnam ($91,987, a difference of 0.060%), and Immigrants from North America ($91,860, a difference of 0.080%).

In terms of median household income, the demographic groups most similar to Venezuelans are Salvadoran ($82,449, a difference of 0.020%), Nepalese ($82,410, a difference of 0.030%), Immigrants from Uruguay ($82,560, a difference of 0.16%), Immigrants from Iraq ($82,594, a difference of 0.20%), and Panamanian ($82,272, a difference of 0.20%).