European vs Armenian Median Family Income

The statistical analysis conducted on geographies consisting of 560,683,121 people shows a slight negative correlation between the proportion of Europeans and median family income in the United States with a correlation coefficient (R) of -0.082 and weighted average of $108,099. Similarly, 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, a difference of 1.5%.

In terms of median family income, the demographic groups most similar to Europeans are Immigrants from Northern Africa ($108,161, a difference of 0.060%), Sri Lankan ($108,234, a difference of 0.12%), Ethiopian ($108,251, a difference of 0.14%), Immigrants from Philippines ($108,288, a difference of 0.18%), and Chilean ($108,429, a difference of 0.31%).

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%).