Immigrants from Armenia vs Scandinavian Per Capita Income

The statistical analysis conducted on geographies consisting of 97,724,966 people shows a mild negative correlation between the proportion of Immigrants from Armenia and per capita income in the United States with a correlation coefficient (R) of -0.306 and weighted average of $44,552. Similarly, the statistical analysis conducted on geographies consisting of 472,676,138 people shows a poor negative correlation between the proportion of Scandinavians and per capita income in the United States with a correlation coefficient (R) of -0.176 and weighted average of $43,848, a difference of 1.6%.

Per Capita Income Correlation Summary

Measurement	Immigrants from Armenia	Scandinavian
Minimum	$20,812	$15,911
Maximum	$72,364	$77,383
Range	$51,552	$61,472
Mean	$44,626	$40,106
Median	$44,298	$39,048
Interquartile 25% (IQ1)	$36,237	$30,666
Interquartile 75% (IQ3)	$51,558	$45,055
Interquartile Range (IQR)	$15,321	$14,389
Standard Deviation (Sample)	$10,685	$13,782
Standard Deviation (Population)	$10,600	$13,683

Similar Demographics by Per Capita Income

Demographics Similar to Immigrants from Armenia by Per Capita Income

In terms of per capita income, the demographic groups most similar to Immigrants from Armenia are Korean ($44,522, a difference of 0.070%), Czech ($44,595, a difference of 0.10%), Immigrants from Eritrea ($44,509, a difference of 0.10%), Norwegian ($44,480, a difference of 0.16%), and Peruvian ($44,479, a difference of 0.17%).

Demographics	Rating \| Rank	Per Capita Income
Slavs	82.6 /100 \| #141	Excellent $45,049
Ugandans	82.6 /100 \| #142	Excellent $45,047
Immigrants \| Uganda	82.5 /100 \| #143	Excellent $45,043
Icelanders	81.6 /100 \| #144	Excellent $44,987
Immigrants \| Afghanistan	78.0 /100 \| #145	Good $44,790
Irish	75.8 /100 \| #146	Good $44,679
Czechs	74.1 /100 \| #147	Good $44,595
Immigrants \| Armenia	73.1 /100 \| #148	Good $44,552
Koreans	72.5 /100 \| #149	Good $44,522
Immigrants \| Eritrea	72.1 /100 \| #150	Good $44,509
Norwegians	71.5 /100 \| #151	Good $44,480
Peruvians	71.5 /100 \| #152	Good $44,479
Scottish	70.6 /100 \| #153	Good $44,440
Portuguese	68.7 /100 \| #154	Good $44,362
Uruguayans	67.6 /100 \| #155	Good $44,318

Demographics Similar to Scandinavians by Per Capita Income

In terms of per capita income, the demographic groups most similar to Scandinavians are Immigrants from Peru ($43,852, a difference of 0.010%), Immigrants from Eastern Africa ($43,838, a difference of 0.020%), Czechoslovakian ($43,806, a difference of 0.090%), Belgian ($43,951, a difference of 0.24%), and English ($43,982, a difference of 0.31%).

Demographics	Rating \| Rank	Per Capita Income
Immigrants \| South America	61.2 /100 \| #163	Good $44,068
Sri Lankans	59.8 /100 \| #164	Average $44,014
Immigrants \| Philippines	59.4 /100 \| #165	Average $44,000
Immigrants \| Uruguay	59.3 /100 \| #166	Average $43,997
English	58.9 /100 \| #167	Average $43,982
Belgians	58.1 /100 \| #168	Average $43,951
Immigrants \| Peru	55.3 /100 \| #169	Average $43,852
Scandinavians	55.2 /100 \| #170	Average $43,848
Immigrants \| Eastern Africa	54.9 /100 \| #171	Average $43,838
Czechoslovakians	54.1 /100 \| #172	Average $43,806
French	50.7 /100 \| #173	Average $43,685
Colombians	50.0 /100 \| #174	Average $43,661
Celtics	48.9 /100 \| #175	Average $43,621
Immigrants \| South Eastern Asia	46.6 /100 \| #176	Average $43,539
Tlingit-Haida	45.9 /100 \| #177	Average $43,516