Immigrants vs Armenian Median Household Income

The statistical analysis conducted on geographies consisting of 575,988,831 people shows a mild negative correlation between the proportion of Immigrants and median household income in the United States with a correlation coefficient (R) of -0.388 and weighted average of $85,818. 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 7.0%.

In terms of median household income, the demographic groups most similar to Immigrants are Icelander ($85,797, a difference of 0.020%), Colombian ($85,716, a difference of 0.12%), Swiss ($85,681, a difference of 0.16%), Immigrants from South America ($85,611, a difference of 0.24%), and Scandinavian ($86,073, a difference of 0.30%).

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%).