Armenian vs South American Per Capita Income
COMPARE
Armenian
South American
Per Capita Income
Per Capita Income Comparison
Armenians
South Americans
$48,287
PER CAPITA INCOME
99.4/ 100
METRIC RATING
81st/ 347
METRIC RANK
$44,114
PER CAPITA INCOME
62.4/ 100
METRIC RATING
159th/ 347
METRIC RANK
Armenian vs South American Per Capita Income Correlation Chart
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 494,145,698 people shows a poor negative correlation between the proportion of South Americans and per capita income in the United States with a correlation coefficient (R) of -0.179 and weighted average of $44,114, a difference of 9.5%.

Per Capita Income Correlation Summary
| Measurement | Armenian | South American |
| Minimum | $23,281 | $23,579 |
| Maximum | $80,691 | $64,213 |
| Range | $57,410 | $40,635 |
| Mean | $48,045 | $40,955 |
| Median | $48,616 | $41,221 |
| Interquartile 25% (IQ1) | $39,345 | $34,406 |
| Interquartile 75% (IQ3) | $55,100 | $46,619 |
| Interquartile Range (IQR) | $15,755 | $12,213 |
| Standard Deviation (Sample) | $11,238 | $8,864 |
| Standard Deviation (Population) | $11,138 | $8,825 |
Similar Demographics by Per Capita Income
Demographics Similar to Armenians by Per Capita Income
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%).
| Demographics | Rating | Rank | Per Capita Income |
| Mongolians | 99.8 /100 | #74 | Exceptional $49,173 |
| Immigrants | Bolivia | 99.7 /100 | #75 | Exceptional $48,970 |
| Immigrants | England | 99.7 /100 | #76 | Exceptional $48,844 |
| Immigrants | Kazakhstan | 99.7 /100 | #77 | Exceptional $48,747 |
| Immigrants | Italy | 99.6 /100 | #78 | Exceptional $48,654 |
| Romanians | 99.5 /100 | #79 | Exceptional $48,445 |
| Egyptians | 99.5 /100 | #80 | Exceptional $48,358 |
| Armenians | 99.4 /100 | #81 | Exceptional $48,287 |
| Immigrants | Indonesia | 99.4 /100 | #82 | Exceptional $48,195 |
| Immigrants | Brazil | 99.4 /100 | #83 | Exceptional $48,164 |
| Immigrants | Ukraine | 99.3 /100 | #84 | Exceptional $48,134 |
| Austrians | 99.3 /100 | #85 | Exceptional $48,116 |
| Immigrants | Southern Europe | 99.3 /100 | #86 | Exceptional $48,027 |
| Ukrainians | 99.3 /100 | #87 | Exceptional $48,014 |
| Croatians | 99.0 /100 | #88 | Exceptional $47,742 |
Demographics Similar to South Americans by Per Capita Income
In terms of per capita income, the demographic groups most similar to South Americans are Danish ($44,095, a difference of 0.040%), Costa Rican ($44,090, a difference of 0.050%), Swiss ($44,076, a difference of 0.090%), Immigrants from South America ($44,068, a difference of 0.10%), and Immigrants from Nepal ($44,187, a difference of 0.17%).
| Demographics | Rating | Rank | Per Capita Income |
| 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 |
| Slovaks | 65.4 /100 | #156 | Good $44,229 |
| South American Indians | 64.8 /100 | #157 | Good $44,206 |
| Immigrants | Nepal | 64.3 /100 | #158 | Good $44,187 |
| South Americans | 62.4 /100 | #159 | Good $44,114 |
| Danes | 61.9 /100 | #160 | Good $44,095 |
| Costa Ricans | 61.8 /100 | #161 | Good $44,090 |
| Swiss | 61.4 /100 | #162 | Good $44,076 |
| Immigrants | South America | 61.2 /100 | #163 | Good $44,068 |
| Sri Lankans | 59.8 /100 | #164 | Average $44,014 |
| Immigrants | Philippines | 59.4 /100 | #165 | Average $44,000 |
| Immigrants | Uruguay | 59.3 /100 | #166 | Average $43,997 |