Armenian vs Immigrants from Bolivia 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 158,713,434 people shows a poor negative correlation between the proportion of Immigrants from Bolivia and median family income in the United States with a correlation coefficient (R) of -0.190 and weighted average of $117,912, a difference of 7.5%.

Median Family Income Correlation Summary

Measurement	Armenian	Immigrants from Bolivia
Minimum	$54,063	$25,703
Maximum	$190,202	$185,567
Range	$136,139	$159,864
Mean	$107,343	$120,434
Median	$107,236	$120,122
Interquartile 25% (IQ1)	$85,128	$101,733
Interquartile 75% (IQ3)	$127,200	$143,542
Interquartile Range (IQR)	$42,071	$41,809
Standard Deviation (Sample)	$28,557	$33,861
Standard Deviation (Population)	$28,276	$33,681

Similar Demographics by Median Family Income

Demographics Similar to Armenians by Median Family Income

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%).

Demographics	Rating \| Rank	Median Family Income
Immigrants \| Lebanon	97.9 /100 \| #92	Exceptional $110,159
Immigrants \| Kazakhstan	97.8 /100 \| #93	Exceptional $110,137
Koreans	97.8 /100 \| #94	Exceptional $110,103
Zimbabweans	97.7 /100 \| #95	Exceptional $110,011
Immigrants \| Moldova	97.7 /100 \| #96	Exceptional $109,975
Jordanians	97.5 /100 \| #97	Exceptional $109,865
Immigrants \| Kuwait	97.4 /100 \| #98	Exceptional $109,731
Armenians	97.3 /100 \| #99	Exceptional $109,692
Macedonians	97.3 /100 \| #100	Exceptional $109,668
Immigrants \| Ukraine	97.2 /100 \| #101	Exceptional $109,645
Assyrians/Chaldeans/Syriacs	97.2 /100 \| #102	Exceptional $109,622
Immigrants \| Brazil	96.9 /100 \| #103	Exceptional $109,418
Palestinians	96.9 /100 \| #104	Exceptional $109,413
Syrians	96.7 /100 \| #105	Exceptional $109,299
Albanians	96.4 /100 \| #106	Exceptional $109,136

Demographics Similar to Immigrants from Bolivia by Median Family Income

In terms of median family income, the demographic groups most similar to Immigrants from Bolivia are Bulgarian ($117,818, a difference of 0.080%), Estonian ($118,013, a difference of 0.090%), Cambodian ($117,780, a difference of 0.11%), Immigrants from Lithuania ($118,053, a difference of 0.12%), and Immigrants from Asia ($118,291, a difference of 0.32%).

Demographics	Rating \| Rank	Median Family Income
Soviet Union	100.0 /100 \| #35	Exceptional $119,262
Israelis	100.0 /100 \| #36	Exceptional $118,577
Australians	100.0 /100 \| #37	Exceptional $118,440
Immigrants \| Turkey	100.0 /100 \| #38	Exceptional $118,325
Immigrants \| Asia	100.0 /100 \| #39	Exceptional $118,291
Immigrants \| Lithuania	100.0 /100 \| #40	Exceptional $118,053
Estonians	100.0 /100 \| #41	Exceptional $118,013
Immigrants \| Bolivia	100.0 /100 \| #42	Exceptional $117,912
Bulgarians	100.0 /100 \| #43	Exceptional $117,818
Cambodians	100.0 /100 \| #44	Exceptional $117,780
Immigrants \| Greece	99.9 /100 \| #45	Exceptional $117,344
Immigrants \| Russia	99.9 /100 \| #46	Exceptional $116,942
Immigrants \| Austria	99.9 /100 \| #47	Exceptional $116,830
Immigrants \| South Africa	99.9 /100 \| #48	Exceptional $116,286
Chinese	99.9 /100 \| #49	Exceptional $116,188