Armenian vs Paraguayan Median Earnings

The statistical analysis conducted on geographies consisting of 310,945,861 people shows a poor negative correlation between the proportion of Armenians and median earnings in the United States with a correlation coefficient (R) of -0.148 and weighted average of $49,804. Similarly, the statistical analysis conducted on geographies consisting of 95,085,692 people shows a poor negative correlation between the proportion of Paraguayans and median earnings in the United States with a correlation coefficient (R) of -0.143 and weighted average of $51,068, a difference of 2.5%.

In terms of median earnings, the demographic groups most similar to Armenians are Immigrants from Argentina ($49,841, a difference of 0.070%), Croatian ($49,724, a difference of 0.16%), Immigrants from England ($49,722, a difference of 0.16%), Macedonian ($49,893, a difference of 0.18%), and Italian ($49,915, a difference of 0.22%).

In terms of median earnings, the demographic groups most similar to Paraguayans are Immigrants from Spain ($51,092, a difference of 0.050%), Mongolian ($51,038, a difference of 0.060%), Afghan ($51,112, a difference of 0.090%), Lithuanian ($50,991, a difference of 0.15%), and Immigrants from Ukraine ($50,984, a difference of 0.16%).