Spanish vs Armenian Median Household Income

The statistical analysis conducted on geographies consisting of 421,807,066 people shows a weak negative correlation between the proportion of Spanish and median household income in the United States with a correlation coefficient (R) of -0.235 and weighted average of $83,343. Similarly, the statistical analysis conducted on geographies consisting of 310,713,421 people shows a mild negative correlation between the proportion of Armenians and median household income in the United States with a correlation coefficient (R) of -0.318 and weighted average of $91,807, a difference of 10.2%.

In terms of median household income, the demographic groups most similar to Spanish are Tsimshian ($83,346, a difference of 0.0%), German ($83,358, a difference of 0.020%), Immigrants from Thailand ($83,327, a difference of 0.020%), Immigrants from Cambodia ($83,304, a difference of 0.050%), and Japanese ($83,395, a difference of 0.060%).

In terms of median household income, the demographic groups most similar to Armenians are Jordanian ($91,794, a difference of 0.010%), Immigrants from North America ($91,860, a difference of 0.060%), Immigrants from Serbia ($91,730, a difference of 0.080%), Immigrants from Lebanon ($91,887, a difference of 0.090%), and Immigrants from Western Europe ($91,936, a difference of 0.14%).