Venezuelan vs Immigrants from Nicaragua Median Household Income

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. Similarly, the statistical analysis conducted on geographies consisting of 236,313,434 people shows a moderate negative correlation between the proportion of Immigrants from Nicaragua and median household income in the United States with a correlation coefficient (R) of -0.429 and weighted average of $76,784, a difference of 7.4%.

Median Household Income Correlation Summary

Measurement	Venezuelan	Immigrants from Nicaragua
Minimum	$42,664	$29,878
Maximum	$154,652	$124,491
Range	$111,988	$94,613
Mean	$82,593	$68,743
Median	$79,442	$72,189
Interquartile 25% (IQ1)	$73,873	$54,917
Interquartile 75% (IQ3)	$86,330	$81,583
Interquartile Range (IQR)	$12,458	$26,666
Standard Deviation (Sample)	$20,652	$17,913
Standard Deviation (Population)	$20,500	$17,803

Similar Demographics by Median Household Income

Demographics Similar to Venezuelans by Median Household Income

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%).

Demographics	Rating \| Rank	Median Household Income
Celtics	22.7 /100 \| #205	Fair $83,193
Immigrants \| Kenya	21.3 /100 \| #206	Fair $83,068
Dutch	20.3 /100 \| #207	Fair $82,971
French Canadians	18.7 /100 \| #208	Poor $82,810
Immigrants \| Iraq	16.7 /100 \| #209	Poor $82,594
Immigrants \| Uruguay	16.4 /100 \| #210	Poor $82,560
Salvadorans	15.4 /100 \| #211	Poor $82,449
Venezuelans	15.3 /100 \| #212	Poor $82,432
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

Demographics Similar to Immigrants from Nicaragua by Median Household Income

In terms of median household income, the demographic groups most similar to Immigrants from Nicaragua are Spanish American Indian ($76,670, a difference of 0.15%), Immigrants from Senegal ($76,915, a difference of 0.17%), Jamaican ($76,583, a difference of 0.26%), Belizean ($77,028, a difference of 0.32%), and Immigrants from Grenada ($76,517, a difference of 0.35%).

Demographics	Rating \| Rank	Median Household Income
Mexican American Indians	1.2 /100 \| #251	Tragic $78,166
Immigrants \| West Indies	1.0 /100 \| #252	Tragic $77,956
Immigrants \| St. Vincent and the Grenadines	0.9 /100 \| #253	Tragic $77,690
Sub-Saharan Africans	0.8 /100 \| #254	Tragic $77,631
Immigrants \| Middle Africa	0.8 /100 \| #255	Tragic $77,559
Belizeans	0.6 /100 \| #256	Tragic $77,028
Immigrants \| Senegal	0.5 /100 \| #257	Tragic $76,915
Immigrants \| Nicaragua	0.5 /100 \| #258	Tragic $76,784
Spanish American Indians	0.4 /100 \| #259	Tragic $76,670
Jamaicans	0.4 /100 \| #260	Tragic $76,583
Immigrants \| Grenada	0.4 /100 \| #261	Tragic $76,517
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