Armenian vs Serbian Per Capita Income

The statistical analysis conducted on geographies consisting of 310,965,464 people shows a mild negative correlation between the proportion of Armenians and per capita income in the United States with a correlation coefficient (R) of -0.300 and weighted average of $48,287. Similarly, the statistical analysis conducted on geographies consisting of 267,655,306 people shows a mild negative correlation between the proportion of Serbians and per capita income in the United States with a correlation coefficient (R) of -0.369 and weighted average of $46,551, a difference of 3.7%.

In terms of per capita income, the demographic groups most similar to Armenians are Egyptian ($48,358, a difference of 0.15%), Immigrants from Indonesia ($48,195, a difference of 0.19%), Immigrants from Brazil ($48,164, a difference of 0.26%), Immigrants from Ukraine ($48,134, a difference of 0.32%), and Romanian ($48,445, a difference of 0.33%).

In terms of per capita income, the demographic groups most similar to Serbians are Immigrants from Kuwait ($46,543, a difference of 0.020%), British ($46,571, a difference of 0.040%), Ethiopian ($46,569, a difference of 0.040%), Immigrants from Northern Africa ($46,531, a difference of 0.040%), and Chilean ($46,459, a difference of 0.20%).