Armenian vs Immigrants from Nicaragua 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 236,340,517 people shows a moderate negative correlation between the proportion of Immigrants from Nicaragua and per capita income in the United States with a correlation coefficient (R) of -0.441 and weighted average of $38,065, a difference of 26.9%.

Per Capita Income Correlation Summary

Measurement	Armenian	Immigrants from Nicaragua
Minimum	$23,281	$12,549
Maximum	$80,691	$55,632
Range	$57,410	$43,083
Mean	$48,045	$33,018
Median	$48,616	$33,470
Interquartile 25% (IQ1)	$39,345	$26,578
Interquartile 75% (IQ3)	$55,100	$39,762
Interquartile Range (IQR)	$15,755	$13,184
Standard Deviation (Sample)	$11,238	$9,366
Standard Deviation (Population)	$11,138	$9,309

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 Nicaragua by Per Capita Income

In terms of per capita income, the demographic groups most similar to Immigrants from Nicaragua are Colville ($38,047, a difference of 0.050%), Potawatomi ($38,046, a difference of 0.050%), Comanche ($38,088, a difference of 0.060%), Hmong ($38,120, a difference of 0.15%), and Immigrants from Liberia ($38,165, a difference of 0.26%).

Demographics	Rating \| Rank	Per Capita Income
Central Americans	0.3 /100 \| #271	Tragic $38,560
Immigrants \| Cabo Verde	0.3 /100 \| #272	Tragic $38,540
Nepalese	0.3 /100 \| #273	Tragic $38,442
Immigrants \| El Salvador	0.3 /100 \| #274	Tragic $38,394
Immigrants \| Liberia	0.2 /100 \| #275	Tragic $38,165
Hmong	0.2 /100 \| #276	Tragic $38,120
Comanche	0.2 /100 \| #277	Tragic $38,088
Immigrants \| Nicaragua	0.2 /100 \| #278	Tragic $38,065
Colville	0.2 /100 \| #279	Tragic $38,047
Potawatomi	0.2 /100 \| #280	Tragic $38,046
Immigrants \| Dominica	0.2 /100 \| #281	Tragic $37,952
Immigrants \| Laos	0.1 /100 \| #282	Tragic $37,857
Pennsylvania Germans	0.1 /100 \| #283	Tragic $37,842
Africans	0.1 /100 \| #284	Tragic $37,785
Guatemalans	0.1 /100 \| #285	Tragic $37,766