Immigrants from Nicaragua vs Armenian Median Family Income

The statistical analysis conducted on geographies consisting of 236,310,703 people shows a substantial negative correlation between the proportion of Immigrants from Nicaragua and median family income in the United States with a correlation coefficient (R) of -0.579 and weighted average of $88,267. Similarly, the statistical analysis conducted on geographies consisting of 310,689,637 people shows a mild negative correlation between the proportion of Armenians and median family income in the United States with a correlation coefficient (R) of -0.320 and weighted average of $109,692, a difference of 24.3%.

Median Family Income Correlation Summary

Measurement	Immigrants from Nicaragua	Armenian
Minimum	$37,806	$54,063
Maximum	$119,688	$190,202
Range	$81,882	$136,139
Mean	$77,073	$107,343
Median	$79,725	$107,236
Interquartile 25% (IQ1)	$64,231	$85,128
Interquartile 75% (IQ3)	$92,500	$127,200
Interquartile Range (IQR)	$28,269	$42,071
Standard Deviation (Sample)	$18,710	$28,557
Standard Deviation (Population)	$18,590	$28,276

Similar Demographics by Median Family Income

Demographics Similar to Immigrants from Nicaragua by Median Family Income

In terms of median family income, the demographic groups most similar to Immigrants from Nicaragua are Potawatomi ($88,265, a difference of 0.0%), Guatemalan ($88,295, a difference of 0.030%), Indonesian ($88,301, a difference of 0.040%), Cherokee ($88,209, a difference of 0.070%), and Bangladeshi ($88,358, a difference of 0.10%).

Demographics	Rating \| Rank	Median Family Income
Immigrants \| Belize	0.1 /100 \| #279	Tragic $89,197
British West Indians	0.1 /100 \| #280	Tragic $88,987
Blackfeet	0.1 /100 \| #281	Tragic $88,717
Comanche	0.1 /100 \| #282	Tragic $88,556
Bangladeshis	0.1 /100 \| #283	Tragic $88,358
Indonesians	0.1 /100 \| #284	Tragic $88,301
Guatemalans	0.1 /100 \| #285	Tragic $88,295
Immigrants \| Nicaragua	0.1 /100 \| #286	Tragic $88,267
Potawatomi	0.1 /100 \| #287	Tragic $88,265
Cherokee	0.1 /100 \| #288	Tragic $88,209
Central American Indians	0.1 /100 \| #289	Tragic $88,034
Shoshone	0.1 /100 \| #290	Tragic $87,872
Immigrants \| Cabo Verde	0.1 /100 \| #291	Tragic $87,830
Africans	0.1 /100 \| #292	Tragic $87,820
Ute	0.0 /100 \| #293	Tragic $87,596

Demographics Similar to Armenians by Median Family Income

In terms of median family income, the demographic groups most similar to Armenians are Macedonian ($109,668, a difference of 0.020%), Immigrants from Kuwait ($109,731, a difference of 0.040%), Immigrants from Ukraine ($109,645, a difference of 0.040%), Assyrian/Chaldean/Syriac ($109,622, a difference of 0.060%), and Jordanian ($109,865, a difference of 0.16%).

Demographics	Rating \| Rank	Median Family Income
Immigrants \| Lebanon	97.9 /100 \| #92	Exceptional $110,159
Immigrants \| Kazakhstan	97.8 /100 \| #93	Exceptional $110,137
Koreans	97.8 /100 \| #94	Exceptional $110,103
Zimbabweans	97.7 /100 \| #95	Exceptional $110,011
Immigrants \| Moldova	97.7 /100 \| #96	Exceptional $109,975
Jordanians	97.5 /100 \| #97	Exceptional $109,865
Immigrants \| Kuwait	97.4 /100 \| #98	Exceptional $109,731
Armenians	97.3 /100 \| #99	Exceptional $109,692
Macedonians	97.3 /100 \| #100	Exceptional $109,668
Immigrants \| Ukraine	97.2 /100 \| #101	Exceptional $109,645
Assyrians/Chaldeans/Syriacs	97.2 /100 \| #102	Exceptional $109,622
Immigrants \| Brazil	96.9 /100 \| #103	Exceptional $109,418
Palestinians	96.9 /100 \| #104	Exceptional $109,413
Syrians	96.7 /100 \| #105	Exceptional $109,299
Albanians	96.4 /100 \| #106	Exceptional $109,136