Japanese vs Armenian Median Family Income

The statistical analysis conducted on geographies consisting of 249,024,827 people shows a substantial negative correlation between the proportion of Japanese and median family income in the United States with a correlation coefficient (R) of -0.513 and weighted average of $97,288. 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 12.8%.

In terms of median family income, the demographic groups most similar to Japanese are Immigrants from Cambodia ($97,222, a difference of 0.070%), Immigrants from Bosnia and Herzegovina ($97,432, a difference of 0.15%), Nigerian ($97,522, a difference of 0.24%), Bermudan ($97,577, a difference of 0.30%), and Immigrants from Armenia ($97,605, a difference of 0.33%).

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%).