Armenian vs Icelander Median Family Income

The statistical analysis conducted on geographies consisting of 310,689,637 people shows a mild negative correlation between the proportion of Armenians and median family income in the United States with a correlation coefficient (R) of -0.320 and weighted average of $109,692. Similarly, the statistical analysis conducted on geographies consisting of 159,597,543 people shows a poor negative correlation between the proportion of Icelanders and median family income in the United States with a correlation coefficient (R) of -0.141 and weighted average of $104,282, a difference of 5.2%.

In terms of median family income, the demographic groups most similar to Armenians are Macedonian ($109,668, a difference of 0.020%), Immigrants from Kuwait ($109,731, a difference of 0.040%), Immigrants from Ukraine ($109,645, a difference of 0.040%), Assyrian/Chaldean/Syriac ($109,622, a difference of 0.060%), and Jordanian ($109,865, a difference of 0.16%).

In terms of median family income, the demographic groups most similar to Icelanders are Scottish ($104,288, a difference of 0.010%), Swiss ($104,396, a difference of 0.11%), Scandinavian ($104,410, a difference of 0.12%), Moroccan ($104,488, a difference of 0.20%), and Immigrants from Sierra Leone ($103,990, a difference of 0.28%).