Scandinavian vs Immigrants from Armenia Median Household Income

The statistical analysis conducted on geographies consisting of 472,110,165 people shows a poor positive correlation between the proportion of Scandinavians and median household income in the United States with a correlation coefficient (R) of 0.188 and weighted average of $86,073. Similarly, the statistical analysis conducted on geographies consisting of 97,712,518 people shows a mild negative correlation between the proportion of Immigrants from Armenia and median household income in the United States with a correlation coefficient (R) of -0.388 and weighted average of $83,555, a difference of 3.0%.

Median Household Income Correlation Summary

Measurement	Scandinavian	Immigrants from Armenia
Minimum	$35,625	$39,713
Maximum	$250,001	$152,803
Range	$214,376	$113,090
Mean	$90,420	$85,202
Median	$84,951	$85,651
Interquartile 25% (IQ1)	$72,386	$69,102
Interquartile 75% (IQ3)	$92,885	$99,318
Interquartile Range (IQR)	$20,499	$30,216
Standard Deviation (Sample)	$37,436	$22,242
Standard Deviation (Population)	$37,118	$22,064

Similar Demographics by Median Household Income

Demographics Similar to Scandinavians by Median Household Income

In terms of median household income, the demographic groups most similar to Scandinavians are Norwegian ($86,084, a difference of 0.010%), Irish ($86,145, a difference of 0.080%), Czech ($86,164, a difference of 0.11%), Guamanian/Chamorro ($86,255, a difference of 0.21%), and Immigrants ($85,818, a difference of 0.30%).

Demographics	Rating \| Rank	Median Household Income
Immigrants \| Uzbekistan	70.1 /100 \| #159	Good $86,425
Luxembourgers	70.0 /100 \| #160	Good $86,418
Slavs	69.7 /100 \| #161	Good $86,398
Guamanians/Chamorros	67.7 /100 \| #162	Good $86,255
Czechs	66.4 /100 \| #163	Good $86,164
Irish	66.2 /100 \| #164	Good $86,145
Norwegians	65.3 /100 \| #165	Good $86,084
Scandinavians	65.1 /100 \| #166	Good $86,073
Immigrants \| Immigrants	61.3 /100 \| #167	Good $85,818
Icelanders	61.0 /100 \| #168	Good $85,797
Colombians	59.7 /100 \| #169	Average $85,716
Swiss	59.2 /100 \| #170	Average $85,681
Immigrants \| South America	58.1 /100 \| #171	Average $85,611
Slovenes	57.4 /100 \| #172	Average $85,562
Immigrants \| Cameroon	53.4 /100 \| #173	Average $85,314

Demographics Similar to Immigrants from Armenia by Median Household Income

In terms of median household income, the demographic groups most similar to Immigrants from Armenia are Ghanaian ($83,582, a difference of 0.030%), Finnish ($83,607, a difference of 0.060%), Welsh ($83,628, a difference of 0.090%), French ($83,468, a difference of 0.10%), and Aleut ($83,446, a difference of 0.13%).

Demographics	Rating \| Rank	Median Household Income
Tlingit-Haida	32.6 /100 \| #188	Fair $83,968
Immigrants \| Colombia	31.7 /100 \| #189	Fair $83,902
Slovaks	30.2 /100 \| #190	Fair $83,798
Iraqis	29.6 /100 \| #191	Fair $83,753
Welsh	28.0 /100 \| #192	Fair $83,628
Finns	27.7 /100 \| #193	Fair $83,607
Ghanaians	27.4 /100 \| #194	Fair $83,582
Immigrants \| Armenia	27.0 /100 \| #195	Fair $83,555
French	26.0 /100 \| #196	Fair $83,468
Aleuts	25.7 /100 \| #197	Fair $83,446
Japanese	25.1 /100 \| #198	Fair $83,395
Germans	24.6 /100 \| #199	Fair $83,358
Tsimshian	24.5 /100 \| #200	Fair $83,346
Spanish	24.4 /100 \| #201	Fair $83,343
Immigrants \| Thailand	24.3 /100 \| #202	Fair $83,327