Venezuelan vs Italian Median Family Income

The statistical analysis conducted on geographies consisting of 306,049,967 people shows a poor negative correlation between the proportion of Venezuelans and median family income in the United States with a correlation coefficient (R) of -0.131 and weighted average of $96,281. Similarly, the statistical analysis conducted on geographies consisting of 573,577,763 people shows no correlation between the proportion of Italians and median family income in the United States with a correlation coefficient (R) of 0.034 and weighted average of $112,372, a difference of 16.7%.

In terms of median family income, the demographic groups most similar to Venezuelans are Nonimmigrants ($96,231, a difference of 0.050%), Immigrants from Nigeria ($96,439, a difference of 0.16%), Vietnamese ($96,123, a difference of 0.16%), Immigrants from Ghana ($96,544, a difference of 0.27%), and Sudanese ($96,783, a difference of 0.52%).

In terms of median family income, the demographic groups most similar to Italians are Immigrants from Canada ($112,374, a difference of 0.0%), Immigrants from Croatia ($112,323, a difference of 0.040%), Immigrants from Eastern Europe ($112,527, a difference of 0.14%), Immigrants from North America ($112,151, a difference of 0.20%), and Argentinean ($112,665, a difference of 0.26%).