Immigrants from Italy vs Armenian Median Household Income

The statistical analysis conducted on geographies consisting of 324,128,900 people shows a mild negative correlation between the proportion of Immigrants from Italy and median household income in the United States with a correlation coefficient (R) of -0.399 and weighted average of $93,465. 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 1.8%.

In terms of median household income, the demographic groups most similar to Immigrants from Italy are South African ($93,379, a difference of 0.090%), Immigrants from Afghanistan ($93,375, a difference of 0.10%), Immigrants from Bulgaria ($93,148, a difference of 0.34%), Sri Lankan ($93,093, a difference of 0.40%), and Tongan ($93,076, a difference of 0.42%). Similarly, the demographic groups most similar to Armenians are Immigrants from North America ($91,860, a difference of 0.060%), Immigrants from Lebanon ($91,887, a difference of 0.090%), Immigrants from Western Europe ($91,936, a difference of 0.14%), Romanian ($91,994, a difference of 0.20%), and Assyrian/Chaldean/Syriac ($91,991, a difference of 0.20%).