Immigrants from Armenia vs Cape Verdean 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 107,581,213 people shows no correlation between the proportion of Cape Verdeans and per capita income in the United States with a correlation coefficient (R) of -0.050 and weighted average of $39,935, a difference of 11.6%.

Per Capita Income Correlation Summary

Measurement	Immigrants from Armenia	Cape Verdean
Minimum	$20,812	$19,552
Maximum	$72,364	$72,967
Range	$51,552	$53,415
Mean	$44,626	$40,842
Median	$44,298	$41,136
Interquartile 25% (IQ1)	$36,237	$34,180
Interquartile 75% (IQ3)	$51,558	$46,319
Interquartile Range (IQR)	$15,321	$12,139
Standard Deviation (Sample)	$10,685	$9,616
Standard Deviation (Population)	$10,600	$9,533

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 Cape Verdeans by Per Capita Income

In terms of per capita income, the demographic groups most similar to Cape Verdeans are Immigrants from Somalia ($39,974, a difference of 0.10%), Japanese ($39,870, a difference of 0.16%), Immigrants from Burma/Myanmar ($39,827, a difference of 0.27%), Samoan ($39,826, a difference of 0.27%), and Cree ($40,056, a difference of 0.30%).

Demographics	Rating \| Rank	Per Capita Income
British West Indians	2.3 /100 \| #241	Tragic $40,330
Immigrants \| Western Africa	2.2 /100 \| #242	Tragic $40,294
German Russians	2.2 /100 \| #243	Tragic $40,266
French American Indians	2.1 /100 \| #244	Tragic $40,244
Sub-Saharan Africans	1.9 /100 \| #245	Tragic $40,152
Cree	1.7 /100 \| #246	Tragic $40,056
Immigrants \| Somalia	1.6 /100 \| #247	Tragic $39,974
Cape Verdeans	1.5 /100 \| #248	Tragic $39,935
Japanese	1.4 /100 \| #249	Tragic $39,870
Immigrants \| Burma/Myanmar	1.3 /100 \| #250	Tragic $39,827
Samoans	1.3 /100 \| #251	Tragic $39,826
Immigrants \| Azores	1.0 /100 \| #252	Tragic $39,608
Osage	1.0 /100 \| #253	Tragic $39,568
Alaska Natives	1.0 /100 \| #254	Tragic $39,558
Immigrants \| Middle Africa	1.0 /100 \| #255	Tragic $39,529