Arab vs Armenian Median Family Income

The statistical analysis conducted on geographies consisting of 486,153,527 people shows a moderate negative correlation between the proportion of Arabs and median family income in the United States with a correlation coefficient (R) of -0.410 and weighted average of $106,952. Similarly, 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, a difference of 2.6%.

In terms of median family income, the demographic groups most similar to Arabs are Brazilian ($106,942, a difference of 0.010%), Immigrants from Ethiopia ($106,969, a difference of 0.020%), Lebanese ($107,086, a difference of 0.12%), Serbian ($107,157, a difference of 0.19%), and Taiwanese ($107,295, a difference of 0.32%).

In terms of median family income, the demographic groups most similar to Armenians are Macedonian ($109,668, a difference of 0.020%), Immigrants from Kuwait ($109,731, a difference of 0.040%), Immigrants from Ukraine ($109,645, a difference of 0.040%), Assyrian/Chaldean/Syriac ($109,622, a difference of 0.060%), and Jordanian ($109,865, a difference of 0.16%).