Armenian Median Household Income
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Median Household Income
Armenian Median Household Income
$91,807
HOUSEHOLD INCOME
98.7/ 100
METRIC RATING
95th/ 347
METRIC RANK
Armenian Median Household Income Correlation Chart
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. On average, for every 1% (one percent) increase in Armenians within a typical geography, there is a decrease of $624 in median household income.
It is essential to understand that the correlation between the percentage of Armenians and median household income does not imply a direct cause-and-effect relationship. It remains uncertain whether the presence of Armenians influences an upward or downward trend in the level of median household income within an area, or if Armenians simply ended up residing in those areas with higher or lower levels of median household income due to other factors.
Demographics Similar to Armenians by Median Household Income
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%).
Demographics | Rating | Rank | Median Household Income |
Immigrants from Canada | 98.8 /100 | #88 | Exceptional $92,029 |
Romanians | 98.8 /100 | #89 | Exceptional $91,994 |
Assyrians/Chaldeans/Syriacs | 98.8 /100 | #90 | Exceptional $91,991 |
Immigrants from Vietnam | 98.8 /100 | #91 | Exceptional $91,987 |
Immigrants from Western Europe | 98.8 /100 | #92 | Exceptional $91,936 |
Immigrants from Lebanon | 98.7 /100 | #93 | Exceptional $91,887 |
Immigrants from North America | 98.7 /100 | #94 | Exceptional $91,860 |
Armenians | 98.7 /100 | #95 | Exceptional $91,807 |
Jordanians | 98.7 /100 | #96 | Exceptional $91,794 |
Immigrants from Serbia | 98.6 /100 | #97 | Exceptional $91,730 |
Immigrants from Southern Europe | 98.5 /100 | #98 | Exceptional $91,605 |
Immigrants from South Eastern Asia | 98.4 /100 | #99 | Exceptional $91,541 |
Ukrainians | 98.3 /100 | #100 | Exceptional $91,456 |
Immigrants from Moldova | 98.3 /100 | #101 | Exceptional $91,446 |
Austrians | 98.2 /100 | #102 | Exceptional $91,339 |
Armenian Median Household Income Correlation Summary
Measurement | Armenian Data | Median Household Income Data |
Minimum | 0.098% | $39,713 |
Maximum | 43.5% | $162,732 |
Range | 43.4% | $123,019 |
Mean | 14.1% | $91,613 |
Median | 9.6% | $92,502 |
Interquartile 25% (IQ1) | 4.7% | $74,815 |
Interquartile 75% (IQ3) | 22.3% | $106,031 |
Interquartile Range (IQR) | 17.7% | $31,215 |
Standard Deviation (Sample) | 12.3% | $24,104 |
Standard Deviation (Population) | 12.2% | $23,871 |
Correlation Details
Armenian Percentile | Sample Size | Median Household Income |
[ 0.0% - 0.5% ] 0.098% | 270,188,618 | $85,741 |
[ 0.0% - 0.5% ] 0.49% | 23,634,451 | $107,174 |
[ 0.5% - 1.0% ] 0.87% | 5,354,308 | $111,785 |
[ 1.0% - 1.5% ] 1.24% | 2,933,796 | $107,980 |
[ 1.5% - 2.0% ] 1.62% | 854,502 | $107,508 |
[ 2.0% - 2.5% ] 2.02% | 4,862,028 | $84,775 |
[ 2.0% - 2.5% ] 2.30% | 516,023 | $98,692 |
[ 2.5% - 3.0% ] 2.68% | 505,469 | $96,118 |
[ 3.0% - 3.5% ] 3.12% | 110,392 | $98,213 |
[ 3.0% - 3.5% ] 3.45% | 257,092 | $73,255 |
[ 3.5% - 4.0% ] 3.83% | 26,366 | $136,987 |
[ 4.0% - 4.5% ] 4.18% | 69,517 | $102,625 |
[ 4.0% - 4.5% ] 4.45% | 112,165 | $97,419 |
[ 4.5% - 5.0% ] 4.87% | 31,033 | $85,571 |
[ 5.0% - 5.5% ] 5.22% | 90,874 | $83,557 |
[ 5.0% - 5.5% ] 5.46% | 108,495 | $105,077 |
[ 5.5% - 6.0% ] 5.90% | 88,797 | $162,732 |
[ 6.0% - 6.5% ] 6.27% | 829 | $103,961 |
[ 6.5% - 7.0% ] 6.80% | 60,345 | $59,601 |
[ 6.5% - 7.0% ] 6.86% | 44,244 | $125,813 |
[ 7.0% - 7.5% ] 7.19% | 20,092 | $115,734 |
[ 7.5% - 8.0% ] 7.76% | 7,344 | $98,154 |
[ 8.5% - 9.0% ] 8.54% | 72,421 | $118,208 |
[ 8.5% - 9.0% ] 8.76% | 145,227 | $90,254 |
[ 9.0% - 9.5% ] 9.19% | 468 | $94,750 |
[ 9.0% - 9.5% ] 9.42% | 43,893 | $64,824 |
[ 9.5% - 10.0% ] 9.82% | 947 | $94,984 |
[ 10.0% - 10.5% ] 10.27% | 224 | $85,625 |
[ 10.5% - 11.0% ] 10.62% | 51,654 | $61,031 |
[ 11.0% - 11.5% ] 11.28% | 133 | $67,083 |
[ 12.5% - 13.0% ] 12.69% | 33,101 | $124,412 |
[ 13.0% - 13.5% ] 13.08% | 650 | $39,713 |
[ 13.0% - 13.5% ] 13.41% | 27,479 | $99,318 |
[ 14.0% - 14.5% ] 14.08% | 206 | $69,754 |
[ 15.5% - 16.0% ] 15.89% | 2,644 | $86,189 |
[ 16.5% - 17.0% ] 16.58% | 20,911 | $103,823 |
[ 17.0% - 17.5% ] 17.46% | 8,209 | $77,822 |
[ 18.5% - 19.0% ] 18.65% | 429 | $136,875 |
[ 19.5% - 20.0% ] 19.65% | 12,312 | $59,711 |
[ 25.0% - 25.5% ] 25.00% | 44 | $41,786 |
[ 26.5% - 27.0% ] 26.83% | 45,564 | $76,376 |
[ 26.5% - 27.0% ] 26.98% | 15,465 | $112,330 |
[ 27.0% - 27.5% ] 27.43% | 226 | $65,750 |
[ 28.5% - 29.0% ] 28.71% | 18,951 | $80,198 |
[ 29.0% - 29.5% ] 29.11% | 158 | $104,436 |
[ 33.5% - 34.0% ] 33.78% | 16,679 | $70,650 |
[ 34.5% - 35.0% ] 34.51% | 194,512 | $81,219 |
[ 36.5% - 37.0% ] 36.93% | 32,294 | $85,651 |
[ 37.0% - 37.5% ] 37.12% | 35,755 | $58,290 |
[ 38.0% - 38.5% ] 38.33% | 11,091 | $106,984 |
[ 40.5% - 41.0% ] 40.51% | 22,831 | $90,232 |
[ 43.5% - 44.0% ] 43.52% | 22,163 | $67,102 |