Armenian vs Cape Verdean Per Capita Income

The statistical analysis conducted on geographies consisting of 310,965,464 people shows a mild negative correlation between the proportion of Armenians and per capita income in the United States with a correlation coefficient (R) of -0.300 and weighted average of $48,287. Similarly, the statistical analysis conducted on geographies consisting of 107,581,213 people shows no correlation between the proportion of Cape Verdeans and per capita income in the United States with a correlation coefficient (R) of -0.050 and weighted average of $39,935, a difference of 20.9%.

In terms of per capita income, the demographic groups most similar to Armenians are Egyptian ($48,358, a difference of 0.15%), Immigrants from Indonesia ($48,195, a difference of 0.19%), Immigrants from Brazil ($48,164, a difference of 0.26%), Immigrants from Ukraine ($48,134, a difference of 0.32%), and Romanian ($48,445, a difference of 0.33%).

In terms of per capita income, the demographic groups most similar to Cape Verdeans are Immigrants from Somalia ($39,974, a difference of 0.10%), Japanese ($39,870, a difference of 0.16%), Immigrants from Burma/Myanmar ($39,827, a difference of 0.27%), Samoan ($39,826, a difference of 0.27%), and Cree ($40,056, a difference of 0.30%).