Mexican vs Armenian Median Household Income

The statistical analysis conducted on geographies consisting of 564,134,448 people shows a very strong negative correlation between the proportion of Mexicans and median household income in the United States with a correlation coefficient (R) of -0.881 and weighted average of $74,399. 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 23.4%.

In terms of median household income, the demographic groups most similar to Mexicans are Immigrants from Somalia ($74,300, a difference of 0.13%), Iroquois ($74,279, a difference of 0.16%), Immigrants from Central America ($74,217, a difference of 0.24%), Yaqui ($74,596, a difference of 0.26%), and Fijian ($74,205, a difference of 0.26%).

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%).