Armenian vs Immigrants from Saudi Arabia 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 164,179,276 people shows a moderate positive correlation between the proportion of Immigrants from Saudi Arabia and median family income in the United States with a correlation coefficient (R) of 0.408 and weighted average of $108,544, a difference of 1.1%.

Median Family Income Correlation Summary

Measurement	Armenian	Immigrants from Saudi Arabia
Minimum	$54,063	$70,185
Maximum	$190,202	$250,001
Range	$136,139	$179,816
Mean	$107,343	$118,570
Median	$107,236	$112,390
Interquartile 25% (IQ1)	$85,128	$92,019
Interquartile 75% (IQ3)	$127,200	$131,535
Interquartile Range (IQR)	$42,071	$39,516
Standard Deviation (Sample)	$28,557	$38,218
Standard Deviation (Population)	$28,276	$37,576

Demographics Similar to Armenians and Immigrants from Saudi Arabia 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%). Similarly, the demographic groups most similar to Immigrants from Saudi Arabia are Immigrants from Poland ($108,570, a difference of 0.020%), Polish ($108,507, a difference of 0.030%), Swedish ($108,499, a difference of 0.040%), Chilean ($108,429, a difference of 0.11%), and Immigrants from Western Asia ($108,691, a difference of 0.14%).

Demographics	Rating \| Rank	Median Family Income
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
Immigrants \| North Macedonia	96.4 /100 \| #107	Exceptional $109,136
Immigrants \| Zimbabwe	95.9 /100 \| #108	Exceptional $108,830
Immigrants \| Afghanistan	95.6 /100 \| #109	Exceptional $108,709
British	95.6 /100 \| #110	Exceptional $108,705
Immigrants \| Western Asia	95.6 /100 \| #111	Exceptional $108,691
Immigrants \| Poland	95.3 /100 \| #112	Exceptional $108,570
Immigrants \| Saudi Arabia	95.2 /100 \| #113	Exceptional $108,544
Poles	95.2 /100 \| #114	Exceptional $108,507
Swedes	95.1 /100 \| #115	Exceptional $108,499
Chileans	95.0 /100 \| #116	Exceptional $108,429