Latvian vs Armenian Median Family Income
COMPARE
Latvian
Armenian
Median Family Income
Median Family Income Comparison
Latvians
Armenians
$120,301
MEDIAN FAMILY INCOME
100.0/ 100
METRIC RATING
29th/ 347
METRIC RANK
$109,692
MEDIAN FAMILY INCOME
97.3/ 100
METRIC RATING
99th/ 347
METRIC RANK
Latvian vs Armenian Median Family Income Correlation Chart
The statistical analysis conducted on geographies consisting of 220,626,536 people shows a moderate negative correlation between the proportion of Latvians and median family income in the United States with a correlation coefficient (R) of -0.402 and weighted average of $120,301. Similarly, 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, a difference of 9.7%.
Median Family Income Correlation Summary
Measurement | Latvian | Armenian |
Minimum | $41,641 | $54,063 |
Maximum | $207,328 | $190,202 |
Range | $165,687 | $136,139 |
Mean | $114,631 | $107,343 |
Median | $116,635 | $107,236 |
Interquartile 25% (IQ1) | $80,254 | $85,128 |
Interquartile 75% (IQ3) | $139,118 | $127,200 |
Interquartile Range (IQR) | $58,864 | $42,071 |
Standard Deviation (Sample) | $40,043 | $28,557 |
Standard Deviation (Population) | $39,714 | $28,276 |
Similar Demographics by Median Family Income
Demographics Similar to Latvians by Median Family Income
In terms of median family income, the demographic groups most similar to Latvians are Immigrants from Sri Lanka ($120,263, a difference of 0.030%), Immigrants from Denmark ($120,445, a difference of 0.12%), Russian ($120,487, a difference of 0.15%), Immigrants from France ($120,076, a difference of 0.19%), and Asian ($119,955, a difference of 0.29%).
Demographics | Rating | Rank | Median Family Income |
Immigrants | Sweden | 100.0 /100 | #22 | Exceptional $122,765 |
Immigrants | Japan | 100.0 /100 | #23 | Exceptional $122,764 |
Immigrants | Northern Europe | 100.0 /100 | #24 | Exceptional $121,840 |
Turks | 100.0 /100 | #25 | Exceptional $121,202 |
Immigrants | Switzerland | 100.0 /100 | #26 | Exceptional $120,726 |
Russians | 100.0 /100 | #27 | Exceptional $120,487 |
Immigrants | Denmark | 100.0 /100 | #28 | Exceptional $120,445 |
Latvians | 100.0 /100 | #29 | Exceptional $120,301 |
Immigrants | Sri Lanka | 100.0 /100 | #30 | Exceptional $120,263 |
Immigrants | France | 100.0 /100 | #31 | Exceptional $120,076 |
Asians | 100.0 /100 | #32 | Exceptional $119,955 |
Bhutanese | 100.0 /100 | #33 | Exceptional $119,800 |
Bolivians | 100.0 /100 | #34 | Exceptional $119,479 |
Soviet Union | 100.0 /100 | #35 | Exceptional $119,262 |
Israelis | 100.0 /100 | #36 | Exceptional $118,577 |
Demographics Similar to Armenians 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%).
Demographics | Rating | Rank | Median Family Income |
Immigrants | Lebanon | 97.9 /100 | #92 | Exceptional $110,159 |
Immigrants | Kazakhstan | 97.8 /100 | #93 | Exceptional $110,137 |
Koreans | 97.8 /100 | #94 | Exceptional $110,103 |
Zimbabweans | 97.7 /100 | #95 | Exceptional $110,011 |
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 |