Bolivian vs Armenian Per Capita Income

The statistical analysis conducted on geographies consisting of 184,684,256 people shows a poor negative correlation between the proportion of Bolivians and per capita income in the United States with a correlation coefficient (R) of -0.168 and weighted average of $49,526. Similarly, 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, a difference of 2.6%.

In terms of per capita income, the demographic groups most similar to Bolivians are Immigrants from Bulgaria ($49,482, a difference of 0.090%), Immigrants from Romania ($49,463, a difference of 0.13%), Lithuanian ($49,448, a difference of 0.16%), Immigrants from Argentina ($49,627, a difference of 0.20%), and Maltese ($49,640, a difference of 0.23%). Similarly, 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%), Romanian ($48,445, a difference of 0.33%), and Immigrants from Italy ($48,654, a difference of 0.76%).