Armenian vs Guatemalan 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 409,160,818 people shows a moderate negative correlation between the proportion of Guatemalans and median family income in the United States with a correlation coefficient (R) of -0.447 and weighted average of $88,295, a difference of 24.2%.

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%).

In terms of median family income, the demographic groups most similar to Guatemalans are Indonesian ($88,301, a difference of 0.010%), Immigrants from Nicaragua ($88,267, a difference of 0.030%), Potawatomi ($88,265, a difference of 0.030%), Bangladeshi ($88,358, a difference of 0.070%), and Cherokee ($88,209, a difference of 0.10%).