Immigrants from Armenia vs Immigrants from Bangladesh 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 203,503,484 people shows a moderate negative correlation between the proportion of Immigrants from Bangladesh and median family income in the United States with a correlation coefficient (R) of -0.407 and weighted average of $94,665, a difference of 3.1%.

In terms of median family income, the demographic groups most similar to Immigrants from Armenia are Bermudan ($97,577, a difference of 0.030%), Nigerian ($97,522, a difference of 0.090%), Immigrants from Bosnia and Herzegovina ($97,432, a difference of 0.18%), Japanese ($97,288, a difference of 0.33%), and Immigrants from Cambodia ($97,222, a difference of 0.39%). Similarly, the demographic groups most similar to Immigrants from Bangladesh are Immigrants from Venezuela ($94,904, a difference of 0.25%), Ecuadorian ($95,114, a difference of 0.47%), Malaysian ($95,230, a difference of 0.60%), Marshallese ($95,293, a difference of 0.66%), and Immigrants from the Azores ($95,402, a difference of 0.78%).