Immigrants from Bosnia and Herzegovina vs Armenian Per Capita Income

The statistical analysis conducted on geographies consisting of 156,819,615 people shows no correlation between the proportion of Immigrants from Bosnia and Herzegovina and per capita income in the United States with a correlation coefficient (R) of -0.034 and weighted average of $42,278. Similarly, the statistical analysis conducted on geographies consisting of 310,965,464 people shows a mild negative correlation between the proportion of Armenians and per capita income in the United States with a correlation coefficient (R) of -0.300 and weighted average of $48,287, a difference of 14.2%.

Per Capita Income Correlation Summary

Measurement	Immigrants from Bosnia and Herzegovina	Armenian
Minimum	$25,485	$23,281
Maximum	$56,549	$80,691
Range	$31,064	$57,410
Mean	$38,380	$48,045
Median	$39,263	$48,616
Interquartile 25% (IQ1)	$33,229	$39,345
Interquartile 75% (IQ3)	$43,067	$55,100
Interquartile Range (IQR)	$9,838	$15,755
Standard Deviation (Sample)	$6,628	$11,238
Standard Deviation (Population)	$6,545	$11,138

Similar Demographics by Per Capita Income

Demographics Similar to Immigrants from Bosnia and Herzegovina by Per Capita Income

In terms of per capita income, the demographic groups most similar to Immigrants from Bosnia and Herzegovina are Immigrants from Thailand ($42,289, a difference of 0.030%), Spanish ($42,249, a difference of 0.070%), Aleut ($42,210, a difference of 0.16%), Vietnamese ($42,368, a difference of 0.21%), and White/Caucasian ($42,180, a difference of 0.23%).

Demographics	Rating \| Rank	Per Capita Income
Immigrants \| Kenya	24.5 /100 \| #195	Fair $42,661
Dutch	23.4 /100 \| #196	Fair $42,605
Scotch-Irish	22.6 /100 \| #197	Fair $42,563
Immigrants \| Portugal	19.7 /100 \| #198	Poor $42,412
Barbadians	19.6 /100 \| #199	Poor $42,406
Vietnamese	19.0 /100 \| #200	Poor $42,368
Immigrants \| Thailand	17.6 /100 \| #201	Poor $42,289
Immigrants \| Bosnia and Herzegovina	17.5 /100 \| #202	Poor $42,278
Spanish	17.0 /100 \| #203	Poor $42,249
Aleuts	16.4 /100 \| #204	Poor $42,210
Whites/Caucasians	15.9 /100 \| #205	Poor $42,180
Ghanaians	15.7 /100 \| #206	Poor $42,164
Venezuelans	14.4 /100 \| #207	Poor $42,074
Panamanians	13.9 /100 \| #208	Poor $42,035
Immigrants \| Sudan	13.2 /100 \| #209	Poor $41,986

Demographics Similar to Armenians by Per Capita Income

In terms of per capita income, the demographic groups most similar to Armenians are Egyptian ($48,358, a difference of 0.15%), Immigrants from Indonesia ($48,195, a difference of 0.19%), Immigrants from Brazil ($48,164, a difference of 0.26%), Immigrants from Ukraine ($48,134, a difference of 0.32%), and Romanian ($48,445, a difference of 0.33%).

Demographics	Rating \| Rank	Per Capita Income
Mongolians	99.8 /100 \| #74	Exceptional $49,173
Immigrants \| Bolivia	99.7 /100 \| #75	Exceptional $48,970
Immigrants \| England	99.7 /100 \| #76	Exceptional $48,844
Immigrants \| Kazakhstan	99.7 /100 \| #77	Exceptional $48,747
Immigrants \| Italy	99.6 /100 \| #78	Exceptional $48,654
Romanians	99.5 /100 \| #79	Exceptional $48,445
Egyptians	99.5 /100 \| #80	Exceptional $48,358
Armenians	99.4 /100 \| #81	Exceptional $48,287
Immigrants \| Indonesia	99.4 /100 \| #82	Exceptional $48,195
Immigrants \| Brazil	99.4 /100 \| #83	Exceptional $48,164
Immigrants \| Ukraine	99.3 /100 \| #84	Exceptional $48,134
Austrians	99.3 /100 \| #85	Exceptional $48,116
Immigrants \| Southern Europe	99.3 /100 \| #86	Exceptional $48,027
Ukrainians	99.3 /100 \| #87	Exceptional $48,014
Croatians	99.0 /100 \| #88	Exceptional $47,742