Immigrants from South America vs Armenian Median Household Income

The statistical analysis conducted on geographies consisting of 485,852,946 people shows a slight negative correlation between the proportion of Immigrants from South America and median household income in the United States with a correlation coefficient (R) of -0.063 and weighted average of $85,611. 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 7.2%.

In terms of median household income, the demographic groups most similar to Immigrants from South America are Slovene ($85,562, a difference of 0.060%), Swiss ($85,681, a difference of 0.080%), Colombian ($85,716, a difference of 0.12%), Icelander ($85,797, a difference of 0.22%), and Immigrants ($85,818, a difference of 0.24%).

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%).