Armenian vs American Median Family Income

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. Similarly, the statistical analysis conducted on geographies consisting of 580,248,843 people shows a mild negative correlation between the proportion of Americans and median family income in the United States with a correlation coefficient (R) of -0.326 and weighted average of $92,096, a difference of 19.1%.

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%).

In terms of median family income, the demographic groups most similar to Americans are Nicaraguan ($92,231, a difference of 0.15%), Immigrants from Laos ($92,239, a difference of 0.16%), Osage ($91,926, a difference of 0.19%), Cape Verdean ($91,848, a difference of 0.27%), and Immigrants from Barbados ($92,419, a difference of 0.35%).