Venezuelan vs Immigrants from Latin America Median Earnings

The statistical analysis conducted on geographies consisting of 306,328,741 people shows a slight positive correlation between the proportion of Venezuelans and median earnings in the United States with a correlation coefficient (R) of 0.055 and weighted average of $44,580. Similarly, the statistical analysis conducted on geographies consisting of 558,378,715 people shows a strong negative correlation between the proportion of Immigrants from Latin America and median earnings in the United States with a correlation coefficient (R) of -0.721 and weighted average of $41,049, a difference of 8.6%.

Median Earnings Correlation Summary

Measurement	Venezuelan	Immigrants from Latin America
Minimum	$23,314	$9,917
Maximum	$78,969	$51,911
Range	$55,655	$41,994
Mean	$43,969	$36,860
Median	$42,571	$35,939
Interquartile 25% (IQ1)	$39,048	$33,290
Interquartile 75% (IQ3)	$46,866	$40,442
Interquartile Range (IQR)	$7,818	$7,152
Standard Deviation (Sample)	$9,261	$6,579
Standard Deviation (Population)	$9,192	$6,556

Similar Demographics by Median Earnings

Demographics Similar to Venezuelans by Median Earnings

In terms of median earnings, the demographic groups most similar to Venezuelans are British West Indian ($44,552, a difference of 0.060%), Cape Verdean ($44,640, a difference of 0.14%), Immigrants from Ecuador ($44,462, a difference of 0.27%), Sudanese ($44,419, a difference of 0.36%), and Immigrants from Sudan ($44,767, a difference of 0.42%).

Demographics	Rating \| Rank	Median Earnings
Immigrants \| Iraq	11.6 /100 \| #228	Poor $44,988
Scotch-Irish	10.7 /100 \| #229	Poor $44,924
Immigrants \| Western Africa	10.3 /100 \| #230	Poor $44,893
Japanese	9.5 /100 \| #231	Tragic $44,825
Delaware	9.0 /100 \| #232	Tragic $44,783
Immigrants \| Sudan	8.8 /100 \| #233	Tragic $44,767
Cape Verdeans	7.5 /100 \| #234	Tragic $44,640
Venezuelans	6.9 /100 \| #235	Tragic $44,580
British West Indians	6.7 /100 \| #236	Tragic $44,552
Immigrants \| Ecuador	5.9 /100 \| #237	Tragic $44,462
Sudanese	5.6 /100 \| #238	Tragic $44,419
Senegalese	5.3 /100 \| #239	Tragic $44,373
Aleuts	4.4 /100 \| #240	Tragic $44,241
Samoans	4.2 /100 \| #241	Tragic $44,206
Immigrants \| Venezuela	4.0 /100 \| #242	Tragic $44,163

Demographics Similar to Immigrants from Latin America by Median Earnings

In terms of median earnings, the demographic groups most similar to Immigrants from Latin America are Ute ($41,051, a difference of 0.010%), Immigrants from Caribbean ($41,119, a difference of 0.17%), Immigrants from Micronesia ($41,133, a difference of 0.20%), Shoshone ($40,932, a difference of 0.29%), and Haitian ($40,918, a difference of 0.32%).

Demographics	Rating \| Rank	Median Earnings
Potawatomi	0.1 /100 \| #294	Tragic $41,288
Bangladeshis	0.1 /100 \| #295	Tragic $41,263
Cherokee	0.1 /100 \| #296	Tragic $41,252
Guatemalans	0.1 /100 \| #297	Tragic $41,205
Immigrants \| Micronesia	0.1 /100 \| #298	Tragic $41,133
Immigrants \| Caribbean	0.1 /100 \| #299	Tragic $41,119
Ute	0.1 /100 \| #300	Tragic $41,051
Immigrants \| Latin America	0.1 /100 \| #301	Tragic $41,049
Shoshone	0.0 /100 \| #302	Tragic $40,932
Haitians	0.0 /100 \| #303	Tragic $40,918
Immigrants \| Guatemala	0.0 /100 \| #304	Tragic $40,851
Chickasaw	0.0 /100 \| #305	Tragic $40,672
Yaqui	0.0 /100 \| #306	Tragic $40,647
Hondurans	0.0 /100 \| #307	Tragic $40,638
Cubans	0.0 /100 \| #308	Tragic $40,619