Immigrants from Australia vs Armenian Median Household Income

The statistical analysis conducted on geographies consisting of 227,116,578 people shows a substantial negative correlation between the proportion of Immigrants from Australia and median household income in the United States with a correlation coefficient (R) of -0.545 and weighted average of $102,562. Similarly, the statistical analysis conducted on geographies consisting of 310,713,421 people shows a mild negative correlation between the proportion of Armenians and median household income in the United States with a correlation coefficient (R) of -0.318 and weighted average of $91,807, a difference of 11.7%.

In terms of median household income, the demographic groups most similar to Immigrants from Australia are Cypriot ($102,843, a difference of 0.27%), Bolivian ($102,195, a difference of 0.36%), Immigrants from Korea ($102,962, a difference of 0.39%), Burmese ($103,145, a difference of 0.57%), and Eastern European ($101,781, a difference of 0.77%).

In terms of median household income, the demographic groups most similar to Armenians are Jordanian ($91,794, a difference of 0.010%), Immigrants from North America ($91,860, a difference of 0.060%), Immigrants from Serbia ($91,730, a difference of 0.080%), Immigrants from Lebanon ($91,887, a difference of 0.090%), and Immigrants from Western Europe ($91,936, a difference of 0.14%).