Italian vs Immigrants from Armenia Per Capita Income

The statistical analysis conducted on geographies consisting of 575,176,397 people shows a weak negative correlation between the proportion of Italians and per capita income in the United States with a correlation coefficient (R) of -0.217 and weighted average of $47,574. Similarly, the statistical analysis conducted on geographies consisting of 97,724,966 people shows a mild negative correlation between the proportion of Immigrants from Armenia and per capita income in the United States with a correlation coefficient (R) of -0.306 and weighted average of $44,552, a difference of 6.8%.

Per Capita Income Correlation Summary

Measurement	Italian	Immigrants from Armenia
Minimum	$7,984	$20,812
Maximum	$115,662	$72,364
Range	$107,678	$51,552
Mean	$47,928	$44,626
Median	$51,120	$44,298
Interquartile 25% (IQ1)	$41,399	$36,237
Interquartile 75% (IQ3)	$55,329	$51,558
Interquartile Range (IQR)	$13,930	$15,321
Standard Deviation (Sample)	$15,071	$10,685
Standard Deviation (Population)	$15,014	$10,600

Similar Demographics by Per Capita Income

Demographics Similar to Italians by Per Capita Income

In terms of per capita income, the demographic groups most similar to Italians are Macedonian ($47,573, a difference of 0.0%), Immigrants from Moldova ($47,489, a difference of 0.18%), Northern European ($47,698, a difference of 0.26%), Croatian ($47,742, a difference of 0.35%), and Immigrants from Zimbabwe ($47,394, a difference of 0.38%).

Demographics	Rating \| Rank	Per Capita Income
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
Northern Europeans	98.9 /100 \| #89	Exceptional $47,698
Italians	98.8 /100 \| #90	Exceptional $47,574
Macedonians	98.8 /100 \| #91	Exceptional $47,573
Immigrants \| Moldova	98.7 /100 \| #92	Exceptional $47,489
Immigrants \| Zimbabwe	98.5 /100 \| #93	Exceptional $47,394
Albanians	98.5 /100 \| #94	Exceptional $47,379
Immigrants \| Egypt	98.5 /100 \| #95	Exceptional $47,361
Alsatians	98.3 /100 \| #96	Exceptional $47,284
Carpatho Rusyns	98.2 /100 \| #97	Exceptional $47,248

Demographics Similar to Immigrants from Armenia by Per Capita Income

In terms of per capita income, the demographic groups most similar to Immigrants from Armenia are Korean ($44,522, a difference of 0.070%), Czech ($44,595, a difference of 0.10%), Immigrants from Eritrea ($44,509, a difference of 0.10%), Norwegian ($44,480, a difference of 0.16%), and Peruvian ($44,479, a difference of 0.17%).

Demographics	Rating \| Rank	Per Capita Income
Slavs	82.6 /100 \| #141	Excellent $45,049
Ugandans	82.6 /100 \| #142	Excellent $45,047
Immigrants \| Uganda	82.5 /100 \| #143	Excellent $45,043
Icelanders	81.6 /100 \| #144	Excellent $44,987
Immigrants \| Afghanistan	78.0 /100 \| #145	Good $44,790
Irish	75.8 /100 \| #146	Good $44,679
Czechs	74.1 /100 \| #147	Good $44,595
Immigrants \| Armenia	73.1 /100 \| #148	Good $44,552
Koreans	72.5 /100 \| #149	Good $44,522
Immigrants \| Eritrea	72.1 /100 \| #150	Good $44,509
Norwegians	71.5 /100 \| #151	Good $44,480
Peruvians	71.5 /100 \| #152	Good $44,479
Scottish	70.6 /100 \| #153	Good $44,440
Portuguese	68.7 /100 \| #154	Good $44,362
Uruguayans	67.6 /100 \| #155	Good $44,318