Immigrants from Armenia vs American Median Family Income

The statistical analysis conducted on geographies consisting of 97,713,870 people shows a moderate negative correlation between the proportion of Immigrants from Armenia and median family income in the United States with a correlation coefficient (R) of -0.420 and weighted average of $97,605. Similarly, the statistical analysis conducted on geographies consisting of 580,248,843 people shows a mild negative correlation between the proportion of Americans and median family income in the United States with a correlation coefficient (R) of -0.326 and weighted average of $92,096, a difference of 6.0%.

Median Family Income Correlation Summary

Measurement	Immigrants from Armenia	American
Minimum	$49,583	$2,499
Maximum	$157,199	$139,235
Range	$107,616	$136,736
Mean	$101,713	$73,235
Median	$102,061	$70,309
Interquartile 25% (IQ1)	$86,292	$63,060
Interquartile 75% (IQ3)	$118,550	$81,871
Interquartile Range (IQR)	$32,258	$18,811
Standard Deviation (Sample)	$25,932	$18,957
Standard Deviation (Population)	$25,725	$18,897

Similar Demographics by Median Family Income

Demographics Similar to Immigrants from Armenia by Median Family Income

In terms of median family income, the demographic groups most similar to Immigrants from Armenia are Bermudan ($97,577, a difference of 0.030%), Panamanian ($97,683, a difference of 0.080%), Nigerian ($97,522, a difference of 0.090%), Immigrants from Sudan ($97,737, a difference of 0.13%), and Immigrants from Bosnia and Herzegovina ($97,432, a difference of 0.18%).

Demographics	Rating \| Rank	Median Family Income
Immigrants \| Iraq	12.1 /100 \| #206	Poor $98,786
Aleuts	11.6 /100 \| #207	Poor $98,702
Immigrants \| Uruguay	9.2 /100 \| #208	Tragic $98,205
Immigrants \| Colombia	8.7 /100 \| #209	Tragic $98,067
Puget Sound Salish	8.2 /100 \| #210	Tragic $97,958
Immigrants \| Sudan	7.4 /100 \| #211	Tragic $97,737
Panamanians	7.2 /100 \| #212	Tragic $97,683
Immigrants \| Armenia	7.0 /100 \| #213	Tragic $97,605
Bermudans	6.9 /100 \| #214	Tragic $97,577
Nigerians	6.7 /100 \| #215	Tragic $97,522
Immigrants \| Bosnia and Herzegovina	6.4 /100 \| #216	Tragic $97,432
Japanese	6.0 /100 \| #217	Tragic $97,288
Immigrants \| Cambodia	5.8 /100 \| #218	Tragic $97,222
Delaware	5.1 /100 \| #219	Tragic $96,958
Sudanese	4.7 /100 \| #220	Tragic $96,783

Demographics Similar to Americans by Median Family Income

In terms of median family income, the demographic groups most similar to Americans are Nicaraguan ($92,231, a difference of 0.15%), Immigrants from Laos ($92,239, a difference of 0.16%), Osage ($91,926, a difference of 0.19%), Cape Verdean ($91,848, a difference of 0.27%), and Immigrants from Barbados ($92,419, a difference of 0.35%).

Demographics	Rating \| Rank	Median Family Income
West Indians	0.6 /100 \| #250	Tragic $92,765
Immigrants \| Somalia	0.6 /100 \| #251	Tragic $92,609
Immigrants \| El Salvador	0.6 /100 \| #252	Tragic $92,545
Immigrants \| Guyana	0.6 /100 \| #253	Tragic $92,513
Immigrants \| Barbados	0.5 /100 \| #254	Tragic $92,419
Immigrants \| Laos	0.5 /100 \| #255	Tragic $92,239
Nicaraguans	0.5 /100 \| #256	Tragic $92,231
Americans	0.4 /100 \| #257	Tragic $92,096
Osage	0.4 /100 \| #258	Tragic $91,926
Cape Verdeans	0.4 /100 \| #259	Tragic $91,848
Pennsylvania Germans	0.4 /100 \| #260	Tragic $91,763
Inupiat	0.4 /100 \| #261	Tragic $91,730
Liberians	0.4 /100 \| #262	Tragic $91,722
Immigrants \| West Indies	0.3 /100 \| #263	Tragic $91,588
Senegalese	0.3 /100 \| #264	Tragic $91,475