Immigrants from Armenia vs Bahamian Per Capita Income

The statistical analysis conducted on geographies consisting of 97,724,966 people shows a mild negative correlation between the proportion of Immigrants from Armenia and per capita income in the United States with a correlation coefficient (R) of -0.306 and weighted average of $44,552. Similarly, the statistical analysis conducted on geographies consisting of 112,707,980 people shows a moderate negative correlation between the proportion of Bahamians and per capita income in the United States with a correlation coefficient (R) of -0.450 and weighted average of $36,427, a difference of 22.3%.

Per Capita Income Correlation Summary

Measurement	Immigrants from Armenia	Bahamian
Minimum	$20,812	$3,864
Maximum	$72,364	$52,210
Range	$51,552	$48,346
Mean	$44,626	$30,310
Median	$44,298	$30,639
Interquartile 25% (IQ1)	$36,237	$23,571
Interquartile 75% (IQ3)	$51,558	$38,367
Interquartile Range (IQR)	$15,321	$14,797
Standard Deviation (Sample)	$10,685	$9,801
Standard Deviation (Population)	$10,600	$9,724

Similar Demographics by Per Capita Income

Demographics Similar to Immigrants from Armenia by Per Capita Income

In terms of per capita income, the demographic groups most similar to Immigrants from Armenia are Korean ($44,522, a difference of 0.070%), Czech ($44,595, a difference of 0.10%), Immigrants from Eritrea ($44,509, a difference of 0.10%), Norwegian ($44,480, a difference of 0.16%), and Peruvian ($44,479, a difference of 0.17%).

Demographics	Rating \| Rank	Per Capita Income
Slavs	82.6 /100 \| #141	Excellent $45,049
Ugandans	82.6 /100 \| #142	Excellent $45,047
Immigrants \| Uganda	82.5 /100 \| #143	Excellent $45,043
Icelanders	81.6 /100 \| #144	Excellent $44,987
Immigrants \| Afghanistan	78.0 /100 \| #145	Good $44,790
Irish	75.8 /100 \| #146	Good $44,679
Czechs	74.1 /100 \| #147	Good $44,595
Immigrants \| Armenia	73.1 /100 \| #148	Good $44,552
Koreans	72.5 /100 \| #149	Good $44,522
Immigrants \| Eritrea	72.1 /100 \| #150	Good $44,509
Norwegians	71.5 /100 \| #151	Good $44,480
Peruvians	71.5 /100 \| #152	Good $44,479
Scottish	70.6 /100 \| #153	Good $44,440
Portuguese	68.7 /100 \| #154	Good $44,362
Uruguayans	67.6 /100 \| #155	Good $44,318

Demographics Similar to Bahamians by Per Capita Income

In terms of per capita income, the demographic groups most similar to Bahamians are Chickasaw ($36,475, a difference of 0.13%), Chippewa ($36,631, a difference of 0.56%), Ute ($36,651, a difference of 0.62%), Immigrants from Honduras ($36,665, a difference of 0.65%), and Seminole ($36,180, a difference of 0.68%).

Demographics	Rating \| Rank	Per Capita Income
Immigrants \| Haiti	0.0 /100 \| #306	Tragic $36,849
Immigrants \| Latin America	0.0 /100 \| #307	Tragic $36,823
Fijians	0.0 /100 \| #308	Tragic $36,690
Immigrants \| Honduras	0.0 /100 \| #309	Tragic $36,665
Ute	0.0 /100 \| #310	Tragic $36,651
Chippewa	0.0 /100 \| #311	Tragic $36,631
Chickasaw	0.0 /100 \| #312	Tragic $36,475
Bahamians	0.0 /100 \| #313	Tragic $36,427
Seminole	0.0 /100 \| #314	Tragic $36,180
Yaqui	0.0 /100 \| #315	Tragic $36,112
Choctaw	0.0 /100 \| #316	Tragic $35,999
Dutch West Indians	0.0 /100 \| #317	Tragic $35,922
Bangladeshis	0.0 /100 \| #318	Tragic $35,897
Immigrants \| Congo	0.0 /100 \| #319	Tragic $35,720
Hispanics or Latinos	0.0 /100 \| #320	Tragic $35,688