Armenian vs Indian (Asian) 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 494,431,104 people shows a mild negative correlation between the proportion of Indians (Asian) and median family income in the United States with a correlation coefficient (R) of -0.368 and weighted average of $125,312, a difference of 14.2%.

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 Indians (Asian) are Immigrants from Eastern Asia ($125,150, a difference of 0.13%), Immigrants from China ($125,540, a difference of 0.18%), Eastern European ($125,546, a difference of 0.19%), Immigrants from South Central Asia ($125,956, a difference of 0.51%), and Immigrants from Australia ($126,620, a difference of 1.0%).