Immigrants from Denmark vs Armenian Median Household Income

The statistical analysis conducted on geographies consisting of 136,400,553 people shows a moderate negative correlation between the proportion of Immigrants from Denmark and median household income in the United States with a correlation coefficient (R) of -0.433 and weighted average of $98,510. 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 7.3%.

In terms of median household income, the demographic groups most similar to Immigrants from Denmark are Chinese ($98,496, a difference of 0.010%), Russian ($98,008, a difference of 0.51%), Immigrants from Switzerland ($97,979, a difference of 0.54%), Turkish ($99,389, a difference of 0.89%), and Immigrants from Pakistan ($97,528, a difference of 1.0%).

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%).