Immigrants from Armenia vs Icelander Wage/Income Gap

The statistical analysis conducted on geographies consisting of 97,698,839 people shows a poor negative correlation between the proportion of Immigrants from Armenia and wage/income gap percentage in the United States with a correlation coefficient (R) of -0.101 and weighted average of 20.7%. Similarly, the statistical analysis conducted on geographies consisting of 159,627,714 people shows a moderate positive correlation between the proportion of Icelanders and wage/income gap percentage in the United States with a correlation coefficient (R) of 0.415 and weighted average of 27.5%, a difference of 32.5%.

Wage/Income Gap Correlation Summary

Measurement	Immigrants from Armenia	Icelander
Minimum	4.0%	13.8%
Maximum	39.4%	63.4%
Range	35.4%	49.6%
Mean	20.3%	38.2%
Median	21.1%	35.8%
Interquartile 25% (IQ1)	15.1%	31.7%
Interquartile 75% (IQ3)	25.0%	44.1%
Interquartile Range (IQR)	9.9%	12.4%
Standard Deviation (Sample)	7.5%	12.2%
Standard Deviation (Population)	7.4%	12.0%

Similar Demographics by Wage/Income Gap

Demographics Similar to Immigrants from Armenia by Wage/Income Gap

In terms of wage/income gap, the demographic groups most similar to Immigrants from Armenia are Pueblo (20.7%, a difference of 0.20%), Inupiat (20.8%, a difference of 0.23%), Senegalese (20.7%, a difference of 0.31%), Dominican (20.6%, a difference of 0.62%), and Immigrants from Dominican Republic (20.6%, a difference of 0.78%).

Demographics	Rating \| Rank	Wage/Income Gap
Bahamians	100.0 /100 \| #20	Exceptional 20.2%
Immigrants \| Caribbean	100.0 /100 \| #21	Exceptional 20.4%
Immigrants \| Liberia	100.0 /100 \| #22	Exceptional 20.6%
Immigrants \| Dominican Republic	100.0 /100 \| #23	Exceptional 20.6%
Dominicans	100.0 /100 \| #24	Exceptional 20.6%
Senegalese	100.0 /100 \| #25	Exceptional 20.7%
Pueblo	100.0 /100 \| #26	Exceptional 20.7%
Immigrants \| Armenia	100.0 /100 \| #27	Exceptional 20.7%
Inupiat	100.0 /100 \| #28	Exceptional 20.8%
Immigrants \| Senegal	100.0 /100 \| #29	Exceptional 20.9%
Immigrants \| Bangladesh	100.0 /100 \| #30	Exceptional 20.9%
Vietnamese	100.0 /100 \| #31	Exceptional 21.0%
Immigrants \| Yemen	100.0 /100 \| #32	Exceptional 21.1%
Immigrants \| Bahamas	100.0 /100 \| #33	Exceptional 21.1%
Pima	100.0 /100 \| #34	Exceptional 21.1%

Demographics Similar to Icelanders by Wage/Income Gap

In terms of wage/income gap, the demographic groups most similar to Icelanders are Tongan (27.5%, a difference of 0.020%), Slavic (27.4%, a difference of 0.080%), Luxembourger (27.4%, a difference of 0.11%), Cherokee (27.4%, a difference of 0.16%), and Israeli (27.4%, a difference of 0.27%).

Demographics	Rating \| Rank	Wage/Income Gap
Ukrainians	2.4 /100 \| #252	Tragic 27.3%
Portuguese	2.2 /100 \| #253	Tragic 27.4%
Israelis	2.1 /100 \| #254	Tragic 27.4%
Immigrants \| France	2.1 /100 \| #255	Tragic 27.4%
Cherokee	1.9 /100 \| #256	Tragic 27.4%
Luxembourgers	1.9 /100 \| #257	Tragic 27.4%
Slavs	1.8 /100 \| #258	Tragic 27.4%
Icelanders	1.8 /100 \| #259	Tragic 27.5%
Tongans	1.7 /100 \| #260	Tragic 27.5%
Immigrants \| Germany	1.5 /100 \| #261	Tragic 27.5%
Immigrants \| Lebanon	1.5 /100 \| #262	Tragic 27.5%
Syrians	1.4 /100 \| #263	Tragic 27.6%
Immigrants \| Switzerland	1.0 /100 \| #264	Tragic 27.7%
Serbians	1.0 /100 \| #265	Tragic 27.7%
Hmong	1.0 /100 \| #266	Tragic 27.7%