Armenian vs Immigrants from Southern Europe 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 402,806,016 people shows a slight negative correlation between the proportion of Immigrants from Southern Europe and per capita income in the United States with a correlation coefficient (R) of -0.060 and weighted average of $48,027, a difference of 0.54%.

Per Capita Income Correlation Summary

Measurement	Armenian	Immigrants from Southern Europe
Minimum	$23,281	$21,136
Maximum	$80,691	$111,239
Range	$57,410	$90,103
Mean	$48,045	$46,913
Median	$48,616	$45,733
Interquartile 25% (IQ1)	$39,345	$33,913
Interquartile 75% (IQ3)	$55,100	$52,419
Interquartile Range (IQR)	$15,755	$18,506
Standard Deviation (Sample)	$11,238	$18,983
Standard Deviation (Population)	$11,138	$18,724

Demographics Similar to Armenians and Immigrants from Southern Europe 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%). Similarly, the demographic groups most similar to Immigrants from Southern Europe are Ukrainian ($48,014, a difference of 0.030%), Austrian ($48,116, a difference of 0.18%), Immigrants from Ukraine ($48,134, a difference of 0.22%), Immigrants from Brazil ($48,164, a difference of 0.29%), and Immigrants from Indonesia ($48,195, a difference of 0.35%).

Demographics	Rating \| Rank	Per Capita Income
Immigrants \| North America	99.8 /100 \| #73	Exceptional $49,302
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
Northern Europeans	98.9 /100 \| #89	Exceptional $47,698
Italians	98.8 /100 \| #90	Exceptional $47,574
Macedonians	98.8 /100 \| #91	Exceptional $47,573
Immigrants \| Moldova	98.7 /100 \| #92	Exceptional $47,489
Immigrants \| Zimbabwe	98.5 /100 \| #93	Exceptional $47,394