South African vs Armenian Median Household Income

The statistical analysis conducted on geographies consisting of 182,537,527 people shows a poor negative correlation between the proportion of South Africans and median household income in the United States with a correlation coefficient (R) of -0.194 and weighted average of $93,379. 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 1.7%.

In terms of median household income, the demographic groups most similar to South Africans are Immigrants from Afghanistan ($93,375, a difference of 0.0%), Immigrants from Italy ($93,465, a difference of 0.090%), Immigrants from Bulgaria ($93,148, a difference of 0.25%), Sri Lankan ($93,093, a difference of 0.31%), and Tongan ($93,076, a difference of 0.33%). Similarly, the demographic groups most similar to Armenians are Immigrants from North America ($91,860, a difference of 0.060%), Immigrants from Lebanon ($91,887, a difference of 0.090%), Immigrants from Western Europe ($91,936, a difference of 0.14%), Romanian ($91,994, a difference of 0.20%), and Assyrian/Chaldean/Syriac ($91,991, a difference of 0.20%).