Italian vs Armenian Median Household Income

The statistical analysis conducted on geographies consisting of 573,867,135 people shows a poor negative correlation between the proportion of Italians and median household income in the United States with a correlation coefficient (R) of -0.104 and weighted average of $92,475. 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 0.73%.

In terms of median household income, the demographic groups most similar to Italians are Immigrants from Argentina ($92,417, a difference of 0.060%), Immigrants from Croatia ($92,225, a difference of 0.27%), Immigrants from Spain ($92,732, a difference of 0.28%), Immigrants from England ($92,098, a difference of 0.41%), and Immigrants from Hungary ($92,094, a difference of 0.41%). Similarly, 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%).