Armenian vs Italian Median Family Income

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. Similarly, the statistical analysis conducted on geographies consisting of 573,577,763 people shows no correlation between the proportion of Italians and median family income in the United States with a correlation coefficient (R) of 0.034 and weighted average of $112,372, a difference of 2.4%.

In terms of median family income, the demographic groups most similar to Armenians are Immigrants from Kuwait ($109,731, a difference of 0.040%), Jordanian ($109,865, a difference of 0.16%), Immigrants from Moldova ($109,975, a difference of 0.26%), Zimbabwean ($110,011, a difference of 0.29%), and Korean ($110,103, a difference of 0.37%). Similarly, the demographic groups most similar to Italians are Immigrants from Croatia ($112,323, a difference of 0.040%), Immigrants from North America ($112,151, a difference of 0.20%), Immigrants from England ($112,038, a difference of 0.30%), Immigrants from Egypt ($111,689, a difference of 0.61%), and Immigrants from Hungary ($111,378, a difference of 0.89%).