Immigrants from Armenia vs Spanish American Per Capita Income

The statistical analysis conducted on geographies consisting of 97,724,966 people shows a mild negative correlation between the proportion of Immigrants from Armenia and per capita income in the United States with a correlation coefficient (R) of -0.306 and weighted average of $44,552. Similarly, the statistical analysis conducted on geographies consisting of 103,168,021 people shows a poor negative correlation between the proportion of Spanish Americans and per capita income in the United States with a correlation coefficient (R) of -0.103 and weighted average of $39,012, a difference of 14.2%.

Per Capita Income Correlation Summary

Measurement	Immigrants from Armenia	Spanish American
Minimum	$20,812	$13,649
Maximum	$72,364	$55,562
Range	$51,552	$41,913
Mean	$44,626	$32,169
Median	$44,298	$31,264
Interquartile 25% (IQ1)	$36,237	$25,700
Interquartile 75% (IQ3)	$51,558	$38,250
Interquartile Range (IQR)	$15,321	$12,550
Standard Deviation (Sample)	$10,685	$9,124
Standard Deviation (Population)	$10,600	$9,045

Similar Demographics by Per Capita Income

Demographics Similar to Immigrants from Armenia by Per Capita Income

In terms of per capita income, the demographic groups most similar to Immigrants from Armenia are Korean ($44,522, a difference of 0.070%), Czech ($44,595, a difference of 0.10%), Immigrants from Eritrea ($44,509, a difference of 0.10%), Norwegian ($44,480, a difference of 0.16%), and Peruvian ($44,479, a difference of 0.17%).

Demographics	Rating \| Rank	Per Capita Income
Slavs	82.6 /100 \| #141	Excellent $45,049
Ugandans	82.6 /100 \| #142	Excellent $45,047
Immigrants \| Uganda	82.5 /100 \| #143	Excellent $45,043
Icelanders	81.6 /100 \| #144	Excellent $44,987
Immigrants \| Afghanistan	78.0 /100 \| #145	Good $44,790
Irish	75.8 /100 \| #146	Good $44,679
Czechs	74.1 /100 \| #147	Good $44,595
Immigrants \| Armenia	73.1 /100 \| #148	Good $44,552
Koreans	72.5 /100 \| #149	Good $44,522
Immigrants \| Eritrea	72.1 /100 \| #150	Good $44,509
Norwegians	71.5 /100 \| #151	Good $44,480
Peruvians	71.5 /100 \| #152	Good $44,479
Scottish	70.6 /100 \| #153	Good $44,440
Portuguese	68.7 /100 \| #154	Good $44,362
Uruguayans	67.6 /100 \| #155	Good $44,318

Demographics Similar to Spanish Americans by Per Capita Income

In terms of per capita income, the demographic groups most similar to Spanish Americans are American ($39,039, a difference of 0.070%), Belizean ($39,097, a difference of 0.22%), Iroquois ($39,104, a difference of 0.23%), Marshallese ($39,108, a difference of 0.25%), and Alaskan Athabascan ($39,163, a difference of 0.39%).

Demographics	Rating \| Rank	Per Capita Income
Jamaicans	0.7 /100 \| #258	Tragic $39,231
Malaysians	0.7 /100 \| #259	Tragic $39,194
Alaskan Athabascans	0.6 /100 \| #260	Tragic $39,163
Marshallese	0.6 /100 \| #261	Tragic $39,108
Iroquois	0.6 /100 \| #262	Tragic $39,104
Belizeans	0.6 /100 \| #263	Tragic $39,097
Americans	0.6 /100 \| #264	Tragic $39,039
Spanish Americans	0.5 /100 \| #265	Tragic $39,012
Salvadorans	0.5 /100 \| #266	Tragic $38,858
Immigrants \| Zaire	0.4 /100 \| #267	Tragic $38,848
Liberians	0.4 /100 \| #268	Tragic $38,780
Immigrants \| Jamaica	0.4 /100 \| #269	Tragic $38,766
Immigrants \| Belize	0.3 /100 \| #270	Tragic $38,614
Central Americans	0.3 /100 \| #271	Tragic $38,560
Immigrants \| Cabo Verde	0.3 /100 \| #272	Tragic $38,540