Armenian Median Family Income
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Median Family Income
Armenian Median Family Income
$109,692
FAMILY INCOME
97.3/ 100
METRIC RATING
99th/ 347
METRIC RANK
Armenian Median Family Income Correlation Chart
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. On average, for every 1% (one percent) increase in Armenians within a typical geography, there is a decrease of $748 in median family income.
It is essential to understand that the correlation between the percentage of Armenians and median family 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 family income within an area, or if Armenians simply ended up residing in those areas with higher or lower levels of median family income due to other factors.
Demographics Similar to Armenians by Median Family Income
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%).
| Demographics | Rating | Rank | Median Family Income |
| Immigrants from Lebanon | 97.9 /100 | #92 | Exceptional $110,159 |
| Immigrants from Kazakhstan | 97.8 /100 | #93 | Exceptional $110,137 |
| Koreans | 97.8 /100 | #94 | Exceptional $110,103 |
| Zimbabweans | 97.7 /100 | #95 | Exceptional $110,011 |
| Immigrants from Moldova | 97.7 /100 | #96 | Exceptional $109,975 |
| Jordanians | 97.5 /100 | #97 | Exceptional $109,865 |
| Immigrants from Kuwait | 97.4 /100 | #98 | Exceptional $109,731 |
| Armenians | 97.3 /100 | #99 | Exceptional $109,692 |
| Macedonians | 97.3 /100 | #100 | Exceptional $109,668 |
| Immigrants from Ukraine | 97.2 /100 | #101 | Exceptional $109,645 |
| Assyrians/Chaldeans/Syriacs | 97.2 /100 | #102 | Exceptional $109,622 |
| Immigrants from Brazil | 96.9 /100 | #103 | Exceptional $109,418 |
| Palestinians | 96.9 /100 | #104 | Exceptional $109,413 |
| Syrians | 96.7 /100 | #105 | Exceptional $109,299 |
| Albanians | 96.4 /100 | #106 | Exceptional $109,136 |
Armenian Median Family Income Correlation Summary
| Measurement | Armenian Data | Median Family Income Data |
| Minimum | 0.098% | $54,063 |
| Maximum | 43.5% | $190,202 |
| Range | 43.4% | $136,139 |
| Mean | 13.9% | $107,343 |
| Median | 9.8% | $107,236 |
| Interquartile 25% (IQ1) | 4.5% | $85,128 |
| Interquartile 75% (IQ3) | 19.6% | $127,200 |
| Interquartile Range (IQR) | 15.2% | $42,071 |
| Standard Deviation (Sample) | 12.2% | $28,557 |
| Standard Deviation (Population) | 12.1% | $28,276 |
Correlation Details
| Armenian Percentile | Sample Size | Median Family Income |
[ 0.0% - 0.5% ] 0.098% | 270,179,728 | $103,692 |
[ 0.0% - 0.5% ] 0.49% | 23,616,381 | $131,511 |
[ 0.5% - 1.0% ] 0.87% | 5,355,259 | $134,417 |
[ 1.0% - 1.5% ] 1.24% | 2,935,444 | $127,200 |
[ 1.5% - 2.0% ] 1.62% | 852,999 | $131,168 |
[ 2.0% - 2.5% ] 2.02% | 4,861,496 | $98,771 |
[ 2.0% - 2.5% ] 2.30% | 515,843 | $119,959 |
[ 2.5% - 3.0% ] 2.68% | 505,469 | $115,768 |
[ 3.0% - 3.5% ] 3.12% | 111,744 | $115,355 |
[ 3.0% - 3.5% ] 3.45% | 259,462 | $83,665 |
[ 3.5% - 4.0% ] 3.83% | 26,366 | $142,206 |
[ 4.0% - 4.5% ] 4.18% | 68,698 | $116,777 |
[ 4.0% - 4.5% ] 4.45% | 111,805 | $122,143 |
[ 4.5% - 5.0% ] 4.87% | 31,277 | $107,236 |
[ 5.0% - 5.5% ] 5.22% | 90,778 | $100,298 |
[ 5.0% - 5.5% ] 5.46% | 109,631 | $127,113 |
[ 5.5% - 6.0% ] 5.90% | 88,797 | $190,202 |
[ 6.0% - 6.5% ] 6.27% | 829 | $112,747 |
[ 6.5% - 7.0% ] 6.80% | 60,345 | $63,953 |
[ 6.5% - 7.0% ] 6.86% | 44,244 | $142,731 |
[ 7.0% - 7.5% ] 7.19% | 20,092 | $156,346 |
[ 7.5% - 8.0% ] 7.76% | 7,344 | $119,155 |
[ 8.5% - 9.0% ] 8.54% | 72,421 | $138,280 |
[ 8.5% - 9.0% ] 8.76% | 145,227 | $105,313 |
[ 9.0% - 9.5% ] 9.41% | 43,552 | $75,177 |
[ 9.5% - 10.0% ] 9.82% | 947 | $94,797 |
[ 10.0% - 10.5% ] 10.27% | 224 | $92,813 |
[ 10.5% - 11.0% ] 10.62% | 51,654 | $71,472 |
[ 11.0% - 11.5% ] 11.28% | 133 | $70,694 |
[ 12.0% - 12.5% ] 12.50% | 16 | $78,333 |
[ 12.5% - 13.0% ] 12.69% | 33,101 | $148,771 |
[ 13.0% - 13.5% ] 13.08% | 650 | $60,217 |
[ 13.0% - 13.5% ] 13.41% | 27,523 | $123,807 |
[ 14.0% - 14.5% ] 14.08% | 206 | $70,007 |
[ 15.5% - 16.0% ] 15.89% | 2,644 | $84,756 |
[ 16.5% - 17.0% ] 16.58% | 20,911 | $114,876 |
[ 17.0% - 17.5% ] 17.46% | 8,209 | $130,109 |
[ 18.5% - 19.0% ] 18.65% | 429 | $141,167 |
[ 19.5% - 20.0% ] 19.65% | 12,312 | $87,534 |
[ 25.0% - 25.5% ] 25.00% | 72 | $54,063 |
[ 26.5% - 27.0% ] 26.83% | 45,564 | $85,128 |
[ 26.5% - 27.0% ] 26.98% | 15,377 | $145,643 |
[ 28.5% - 29.0% ] 28.71% | 18,951 | $92,606 |
[ 29.0% - 29.5% ] 29.11% | 158 | $104,436 |
[ 33.5% - 34.0% ] 33.78% | 16,679 | $74,340 |
[ 34.5% - 35.0% ] 34.51% | 194,512 | $93,823 |
[ 36.5% - 37.0% ] 36.93% | 32,294 | $96,289 |
[ 37.0% - 37.5% ] 37.12% | 35,755 | $62,632 |
[ 38.0% - 38.5% ] 38.33% | 11,091 | $119,742 |
[ 40.5% - 41.0% ] 40.51% | 22,831 | $107,620 |
[ 43.5% - 44.0% ] 43.52% | 22,163 | $87,616 |