Hispanic or Latino vs Immigrants from Armenia Median Household Income

The statistical analysis conducted on geographies consisting of 577,204,907 people shows a very strong negative correlation between the proportion of Hispanics or Latinos and median household income in the United States with a correlation coefficient (R) of -0.831 and weighted average of $73,823. Similarly, the statistical analysis conducted on geographies consisting of 97,712,518 people shows a mild negative correlation between the proportion of Immigrants from Armenia and median household income in the United States with a correlation coefficient (R) of -0.388 and weighted average of $83,555, a difference of 13.2%.

In terms of median household income, the demographic groups most similar to Hispanics or Latinos are Comanche ($73,747, a difference of 0.10%), Bangladeshi ($74,112, a difference of 0.39%), Immigrants from Cabo Verde ($73,515, a difference of 0.42%), Blackfeet ($73,509, a difference of 0.43%), and Fijian ($74,205, a difference of 0.52%).

In terms of median household income, the demographic groups most similar to Immigrants from Armenia are Ghanaian ($83,582, a difference of 0.030%), Finnish ($83,607, a difference of 0.060%), Welsh ($83,628, a difference of 0.090%), French ($83,468, a difference of 0.10%), and Aleut ($83,446, a difference of 0.13%).