Immigrants from South America vs Armenian Per Capita Income

The statistical analysis conducted on geographies consisting of 486,454,612 people shows a slight positive correlation between the proportion of Immigrants from South America and per capita income in the United States with a correlation coefficient (R) of 0.078 and weighted average of $44,068. 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 9.6%.

Per Capita Income Correlation Summary

Measurement	Immigrants from South America	Armenian
Minimum	$19,195	$23,281
Maximum	$84,313	$80,691
Range	$65,118	$57,410
Mean	$42,614	$48,045
Median	$41,568	$48,616
Interquartile 25% (IQ1)	$35,887	$39,345
Interquartile 75% (IQ3)	$46,069	$55,100
Interquartile Range (IQR)	$10,183	$15,755
Standard Deviation (Sample)	$11,625	$11,238
Standard Deviation (Population)	$11,572	$11,138

Similar Demographics by Per Capita Income

Demographics Similar to Immigrants from South America by Per Capita Income

In terms of per capita income, the demographic groups most similar to Immigrants from South America are Swiss ($44,076, a difference of 0.020%), Costa Rican ($44,090, a difference of 0.050%), Danish ($44,095, a difference of 0.060%), South American ($44,114, a difference of 0.10%), and Sri Lankan ($44,014, a difference of 0.12%).

Demographics	Rating \| Rank	Per Capita Income
Slovaks	65.4 /100 \| #156	Good $44,229
South American Indians	64.8 /100 \| #157	Good $44,206
Immigrants \| Nepal	64.3 /100 \| #158	Good $44,187
South Americans	62.4 /100 \| #159	Good $44,114
Danes	61.9 /100 \| #160	Good $44,095
Costa Ricans	61.8 /100 \| #161	Good $44,090
Swiss	61.4 /100 \| #162	Good $44,076
Immigrants \| South America	61.2 /100 \| #163	Good $44,068
Sri Lankans	59.8 /100 \| #164	Average $44,014
Immigrants \| Philippines	59.4 /100 \| #165	Average $44,000
Immigrants \| Uruguay	59.3 /100 \| #166	Average $43,997
English	58.9 /100 \| #167	Average $43,982
Belgians	58.1 /100 \| #168	Average $43,951
Immigrants \| Peru	55.3 /100 \| #169	Average $43,852
Scandinavians	55.2 /100 \| #170	Average $43,848

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