Immigrants from Armenia vs Hungarian Median Household Income

The statistical analysis conducted on geographies consisting of 97,712,518 people shows a mild negative correlation between the proportion of Immigrants from Armenia and median household income in the United States with a correlation coefficient (R) of -0.388 and weighted average of $83,555. Similarly, the statistical analysis conducted on geographies consisting of 485,741,386 people shows a substantial negative correlation between the proportion of Hungarians and median household income in the United States with a correlation coefficient (R) of -0.516 and weighted average of $86,920, a difference of 4.0%.

Median Household Income Correlation Summary

Measurement	Immigrants from Armenia	Hungarian
Minimum	$39,713	$27,488
Maximum	$152,803	$127,161
Range	$113,090	$99,673
Mean	$85,202	$76,828
Median	$85,651	$79,103
Interquartile 25% (IQ1)	$69,102	$65,060
Interquartile 75% (IQ3)	$99,318	$90,559
Interquartile Range (IQR)	$30,216	$25,499
Standard Deviation (Sample)	$22,242	$21,600
Standard Deviation (Population)	$22,064	$21,417

Similar Demographics by Median Household Income

Demographics Similar to Immigrants from Armenia by Median Household Income

In terms of median household income, the demographic groups most similar to Immigrants from Armenia are Ghanaian ($83,582, a difference of 0.030%), Finnish ($83,607, a difference of 0.060%), Welsh ($83,628, a difference of 0.090%), French ($83,468, a difference of 0.10%), and Aleut ($83,446, a difference of 0.13%).

Demographics	Rating \| Rank	Median Household Income
Tlingit-Haida	32.6 /100 \| #188	Fair $83,968
Immigrants \| Colombia	31.7 /100 \| #189	Fair $83,902
Slovaks	30.2 /100 \| #190	Fair $83,798
Iraqis	29.6 /100 \| #191	Fair $83,753
Welsh	28.0 /100 \| #192	Fair $83,628
Finns	27.7 /100 \| #193	Fair $83,607
Ghanaians	27.4 /100 \| #194	Fair $83,582
Immigrants \| Armenia	27.0 /100 \| #195	Fair $83,555
French	26.0 /100 \| #196	Fair $83,468
Aleuts	25.7 /100 \| #197	Fair $83,446
Japanese	25.1 /100 \| #198	Fair $83,395
Germans	24.6 /100 \| #199	Fair $83,358
Tsimshian	24.5 /100 \| #200	Fair $83,346
Spanish	24.4 /100 \| #201	Fair $83,343
Immigrants \| Thailand	24.3 /100 \| #202	Fair $83,327

Demographics Similar to Hungarians by Median Household Income

In terms of median household income, the demographic groups most similar to Hungarians are Immigrants from Saudi Arabia ($86,875, a difference of 0.050%), Basque ($87,001, a difference of 0.090%), South American ($86,824, a difference of 0.11%), Immigrants from Nepal ($87,046, a difference of 0.15%), and Immigrants from Germany ($86,764, a difference of 0.18%).

Demographics	Rating \| Rank	Median Household Income
Serbians	83.0 /100 \| #144	Excellent $87,572
Ugandans	82.9 /100 \| #145	Excellent $87,557
Immigrants \| Uganda	82.8 /100 \| #146	Excellent $87,553
South American Indians	81.8 /100 \| #147	Excellent $87,446
Costa Ricans	80.0 /100 \| #148	Excellent $87,262
Immigrants \| Nepal	77.7 /100 \| #149	Good $87,046
Basques	77.2 /100 \| #150	Good $87,001
Hungarians	76.3 /100 \| #151	Good $86,920
Immigrants \| Saudi Arabia	75.8 /100 \| #152	Good $86,875
South Americans	75.1 /100 \| #153	Good $86,824
Immigrants \| Germany	74.4 /100 \| #154	Good $86,764
Carpatho Rusyns	72.8 /100 \| #155	Good $86,635
Immigrants \| Albania	71.5 /100 \| #156	Good $86,534
Samoans	71.0 /100 \| #157	Good $86,498
Moroccans	70.6 /100 \| #158	Good $86,468