Armenian vs Immigrants from Latvia Per Capita Income

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 113,739,608 people shows a weak negative correlation between the proportion of Immigrants from Latvia and per capita income in the United States with a correlation coefficient (R) of -0.232 and weighted average of $50,914, a difference of 5.4%.

Per Capita Income Correlation Summary

Measurement	Armenian	Immigrants from Latvia
Minimum	$23,281	$3,055
Maximum	$80,691	$95,062
Range	$57,410	$92,007
Mean	$48,045	$47,518
Median	$48,616	$47,530
Interquartile 25% (IQ1)	$39,345	$35,985
Interquartile 75% (IQ3)	$55,100	$59,433
Interquartile Range (IQR)	$15,755	$23,448
Standard Deviation (Sample)	$11,238	$21,734
Standard Deviation (Population)	$11,138	$21,392

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 Immigrants from Latvia by Per Capita Income

In terms of per capita income, the demographic groups most similar to Immigrants from Latvia are Bulgarian ($50,906, a difference of 0.020%), Immigrants from Spain ($50,933, a difference of 0.040%), Immigrants from Europe ($50,950, a difference of 0.070%), Immigrants from Serbia ($50,810, a difference of 0.21%), and New Zealander ($50,575, a difference of 0.67%).

Demographics	Rating \| Rank	Per Capita Income
Cambodians	100.0 /100 \| #39	Exceptional $51,731
Immigrants \| Korea	100.0 /100 \| #40	Exceptional $51,671
Immigrants \| South Africa	100.0 /100 \| #41	Exceptional $51,465
Immigrants \| Turkey	100.0 /100 \| #42	Exceptional $51,368
Immigrants \| Lithuania	100.0 /100 \| #43	Exceptional $51,361
Immigrants \| Europe	100.0 /100 \| #44	Exceptional $50,950
Immigrants \| Spain	100.0 /100 \| #45	Exceptional $50,933
Immigrants \| Latvia	100.0 /100 \| #46	Exceptional $50,914
Bulgarians	100.0 /100 \| #47	Exceptional $50,906
Immigrants \| Serbia	100.0 /100 \| #48	Exceptional $50,810
New Zealanders	100.0 /100 \| #49	Exceptional $50,575
Immigrants \| Sri Lanka	100.0 /100 \| #50	Exceptional $50,555
Immigrants \| Netherlands	100.0 /100 \| #51	Exceptional $50,458
Immigrants \| Croatia	99.9 /100 \| #52	Exceptional $50,417
Paraguayans	99.9 /100 \| #53	Exceptional $50,385

Demographics	Rating \| Rank	Per Capita Income
Cambodians	100.0 /100 \| #39	Exceptional $51,731
Immigrants \| Korea	100.0 /100 \| #40	Exceptional $51,671
Immigrants \| South Africa	100.0 /100 \| #41	Exceptional $51,465
Immigrants \| Turkey	100.0 /100 \| #42	Exceptional $51,368
Immigrants \| Lithuania	100.0 /100 \| #43	Exceptional $51,361
Immigrants \| Europe	100.0 /100 \| #44	Exceptional $50,950
Immigrants \| Spain	100.0 /100 \| #45	Exceptional $50,933
Immigrants \| Latvia	100.0 /100 \| #46	Exceptional $50,914
Bulgarians	100.0 /100 \| #47	Exceptional $50,906
Immigrants \| Serbia	100.0 /100 \| #48	Exceptional $50,810
New Zealanders	100.0 /100 \| #49	Exceptional $50,575
Immigrants \| Sri Lanka	100.0 /100 \| #50	Exceptional $50,555
Immigrants \| Netherlands	100.0 /100 \| #51	Exceptional $50,458
Immigrants \| Croatia	99.9 /100 \| #52	Exceptional $50,417
Paraguayans	99.9 /100 \| #53	Exceptional $50,385