Immigrants from Armenia vs Nicaraguan 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 285,722,062 people shows a moderate negative correlation between the proportion of Nicaraguans and per capita income in the United States with a correlation coefficient (R) of -0.484 and weighted average of $39,372, a difference of 13.2%.

Per Capita Income Correlation Summary

Measurement	Immigrants from Armenia	Nicaraguan
Minimum	$20,812	$17,623
Maximum	$72,364	$71,864
Range	$51,552	$54,241
Mean	$44,626	$33,908
Median	$44,298	$33,140
Interquartile 25% (IQ1)	$36,237	$27,013
Interquartile 75% (IQ3)	$51,558	$39,273
Interquartile Range (IQR)	$15,321	$12,260
Standard Deviation (Sample)	$10,685	$10,352
Standard Deviation (Population)	$10,600	$10,279

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 Nicaraguans by Per Capita Income

In terms of per capita income, the demographic groups most similar to Nicaraguans are Hawaiian ($39,403, a difference of 0.080%), Jamaican ($39,231, a difference of 0.36%), Immigrants from Middle Africa ($39,529, a difference of 0.40%), Malaysian ($39,194, a difference of 0.46%), and Alaska Native ($39,558, a difference of 0.47%).

Demographics	Rating \| Rank	Per Capita Income
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
Hawaiians	0.8 /100 \| #256	Tragic $39,403
Nicaraguans	0.8 /100 \| #257	Tragic $39,372
Jamaicans	0.7 /100 \| #258	Tragic $39,231
Malaysians	0.7 /100 \| #259	Tragic $39,194
Alaskan Athabascans	0.6 /100 \| #260	Tragic $39,163
Marshallese	0.6 /100 \| #261	Tragic $39,108
Iroquois	0.6 /100 \| #262	Tragic $39,104
Belizeans	0.6 /100 \| #263	Tragic $39,097
Americans	0.6 /100 \| #264	Tragic $39,039