Canadian vs Immigrants from Armenia Median Household Income

The statistical analysis conducted on geographies consisting of 437,190,973 people shows a substantial negative correlation between the proportion of Canadians and median household income in the United States with a correlation coefficient (R) of -0.564 and weighted average of $87,769. Similarly, the statistical analysis conducted on geographies consisting of 97,712,518 people shows a mild negative correlation between the proportion of Immigrants from Armenia and median household income in the United States with a correlation coefficient (R) of -0.388 and weighted average of $83,555, a difference of 5.0%.

Median Household Income Correlation Summary

Measurement	Canadian	Immigrants from Armenia
Minimum	$2,499	$39,713
Maximum	$129,644	$152,803
Range	$127,145	$113,090
Mean	$69,441	$85,202
Median	$70,262	$85,651
Interquartile 25% (IQ1)	$54,608	$69,102
Interquartile 75% (IQ3)	$87,722	$99,318
Interquartile Range (IQR)	$33,114	$30,216
Standard Deviation (Sample)	$24,486	$22,242
Standard Deviation (Population)	$24,185	$22,064

Similar Demographics by Median Household Income

Demographics Similar to Canadians by Median Household Income

In terms of median household income, the demographic groups most similar to Canadians are Danish ($87,676, a difference of 0.11%), Immigrants from Morocco ($87,930, a difference of 0.18%), Serbian ($87,572, a difference of 0.22%), Ugandan ($87,557, a difference of 0.24%), and Immigrants from Uganda ($87,553, a difference of 0.25%).

Demographics	Rating \| Rank	Median Household Income
Immigrants \| Sierra Leone	89.9 /100 \| #135	Excellent $88,498
Poles	89.7 /100 \| #136	Excellent $88,472
Sierra Leoneans	89.6 /100 \| #137	Excellent $88,463
Arabs	89.2 /100 \| #138	Excellent $88,398
Immigrants \| Chile	89.2 /100 \| #139	Excellent $88,388
Lebanese	87.2 /100 \| #140	Excellent $88,091
Immigrants \| Morocco	86.0 /100 \| #141	Excellent $87,930
Canadians	84.7 /100 \| #142	Excellent $87,769
Danes	83.9 /100 \| #143	Excellent $87,676
Serbians	83.0 /100 \| #144	Excellent $87,572
Ugandans	82.9 /100 \| #145	Excellent $87,557
Immigrants \| Uganda	82.8 /100 \| #146	Excellent $87,553
South American Indians	81.8 /100 \| #147	Excellent $87,446
Costa Ricans	80.0 /100 \| #148	Excellent $87,262
Immigrants \| Nepal	77.7 /100 \| #149	Good $87,046

Demographics Similar to Immigrants from Armenia by Median Household Income

In terms of median household income, the demographic groups most similar to Immigrants from Armenia are Ghanaian ($83,582, a difference of 0.030%), Finnish ($83,607, a difference of 0.060%), Welsh ($83,628, a difference of 0.090%), French ($83,468, a difference of 0.10%), and Aleut ($83,446, a difference of 0.13%).

Demographics	Rating \| Rank	Median Household Income
Tlingit-Haida	32.6 /100 \| #188	Fair $83,968
Immigrants \| Colombia	31.7 /100 \| #189	Fair $83,902
Slovaks	30.2 /100 \| #190	Fair $83,798
Iraqis	29.6 /100 \| #191	Fair $83,753
Welsh	28.0 /100 \| #192	Fair $83,628
Finns	27.7 /100 \| #193	Fair $83,607
Ghanaians	27.4 /100 \| #194	Fair $83,582
Immigrants \| Armenia	27.0 /100 \| #195	Fair $83,555
French	26.0 /100 \| #196	Fair $83,468
Aleuts	25.7 /100 \| #197	Fair $83,446
Japanese	25.1 /100 \| #198	Fair $83,395
Germans	24.6 /100 \| #199	Fair $83,358
Tsimshian	24.5 /100 \| #200	Fair $83,346
Spanish	24.4 /100 \| #201	Fair $83,343
Immigrants \| Thailand	24.3 /100 \| #202	Fair $83,327