Immigrants from Armenia vs Icelander Median Earnings

The statistical analysis conducted on geographies consisting of 97,724,966 people shows a weak negative correlation between the proportion of Immigrants from Armenia and median earnings in the United States with a correlation coefficient (R) of -0.279 and weighted average of $46,094. Similarly, the statistical analysis conducted on geographies consisting of 159,666,599 people shows a substantial positive correlation between the proportion of Icelanders and median earnings in the United States with a correlation coefficient (R) of 0.562 and weighted average of $46,916, a difference of 1.8%.

Median Earnings Correlation Summary

Measurement	Immigrants from Armenia	Icelander
Minimum	$28,479	$19,583
Maximum	$67,833	$115,625
Range	$39,354	$96,042
Mean	$47,758	$48,186
Median	$48,131	$44,536
Interquartile 25% (IQ1)	$40,972	$38,407
Interquartile 75% (IQ3)	$53,018	$50,498
Interquartile Range (IQR)	$12,046	$12,091
Standard Deviation (Sample)	$9,191	$17,953
Standard Deviation (Population)	$9,118	$17,732

Similar Demographics by Median Earnings

Demographics Similar to Immigrants from Armenia by Median Earnings

In terms of median earnings, the demographic groups most similar to Immigrants from Armenia are Spaniard ($46,059, a difference of 0.080%), Iraqi ($46,140, a difference of 0.10%), French Canadian ($46,026, a difference of 0.15%), Vietnamese ($46,172, a difference of 0.17%), and Uruguayan ($46,190, a difference of 0.21%).

Demographics	Rating \| Rank	Median Earnings
Immigrants \| Cameroon	46.4 /100 \| #181	Average $46,329
Swiss	45.9 /100 \| #182	Average $46,315
French	45.2 /100 \| #183	Average $46,296
Immigrants \| Kenya	42.4 /100 \| #184	Average $46,214
Uruguayans	41.6 /100 \| #185	Average $46,190
Vietnamese	40.9 /100 \| #186	Average $46,172
Iraqis	39.9 /100 \| #187	Fair $46,140
Immigrants \| Armenia	38.3 /100 \| #188	Fair $46,094
Spaniards	37.2 /100 \| #189	Fair $46,059
French Canadians	36.1 /100 \| #190	Fair $46,026
Finns	33.4 /100 \| #191	Fair $45,940
Germans	33.2 /100 \| #192	Fair $45,935
Guamanians/Chamorros	33.2 /100 \| #193	Fair $45,933
Immigrants \| Costa Rica	33.0 /100 \| #194	Fair $45,928
Immigrants \| St. Vincent and the Grenadines	32.4 /100 \| #195	Fair $45,908

Demographics Similar to Icelanders by Median Earnings

In terms of median earnings, the demographic groups most similar to Icelanders are South American Indian ($46,952, a difference of 0.080%), Immigrants from Eastern Africa ($46,969, a difference of 0.11%), Norwegian ($46,865, a difference of 0.11%), Immigrants from Peru ($47,025, a difference of 0.23%), and Alsatian ($47,023, a difference of 0.23%).

Demographics	Rating \| Rank	Median Earnings
Irish	76.6 /100 \| #156	Good $47,276
Czechs	75.1 /100 \| #157	Good $47,221
Slovaks	71.7 /100 \| #158	Good $47,095
Immigrants \| Peru	69.6 /100 \| #159	Good $47,025
Alsatians	69.6 /100 \| #160	Good $47,023
Immigrants \| Eastern Africa	68.0 /100 \| #161	Good $46,969
South American Indians	67.4 /100 \| #162	Good $46,952
Icelanders	66.3 /100 \| #163	Good $46,916
Norwegians	64.7 /100 \| #164	Good $46,865
South Americans	62.7 /100 \| #165	Good $46,804
Czechoslovakians	57.8 /100 \| #166	Average $46,658
Costa Ricans	57.4 /100 \| #167	Average $46,645
Immigrants \| Africa	54.6 /100 \| #168	Average $46,564
Immigrants \| South America	54.0 /100 \| #169	Average $46,548
Immigrants \| Immigrants	51.6 /100 \| #170	Average $46,478