Armenian vs Immigrants from Venezuela Per Capita Income

The statistical analysis conducted on geographies consisting of 310,965,464 people shows a mild negative correlation between the proportion of Armenians and per capita income in the United States with a correlation coefficient (R) of -0.300 and weighted average of $48,287. Similarly, the statistical analysis conducted on geographies consisting of 287,848,526 people shows no correlation between the proportion of Immigrants from Venezuela and per capita income in the United States with a correlation coefficient (R) of -0.014 and weighted average of $41,727, a difference of 15.7%.

Per Capita Income Correlation Summary

Measurement	Armenian	Immigrants from Venezuela
Minimum	$23,281	$18,497
Maximum	$80,691	$63,503
Range	$57,410	$45,006
Mean	$48,045	$41,894
Median	$48,616	$41,937
Interquartile 25% (IQ1)	$39,345	$35,384
Interquartile 75% (IQ3)	$55,100	$47,592
Interquartile Range (IQR)	$15,755	$12,208
Standard Deviation (Sample)	$11,238	$10,042
Standard Deviation (Population)	$11,138	$9,963

Similar Demographics by Per Capita Income

Demographics Similar to Armenians by Per Capita Income

In terms of per capita income, the demographic groups most similar to Armenians are Egyptian ($48,358, a difference of 0.15%), Immigrants from Indonesia ($48,195, a difference of 0.19%), Immigrants from Brazil ($48,164, a difference of 0.26%), Immigrants from Ukraine ($48,134, a difference of 0.32%), and Romanian ($48,445, a difference of 0.33%).

Demographics	Rating \| Rank	Per Capita Income
Mongolians	99.8 /100 \| #74	Exceptional $49,173
Immigrants \| Bolivia	99.7 /100 \| #75	Exceptional $48,970
Immigrants \| England	99.7 /100 \| #76	Exceptional $48,844
Immigrants \| Kazakhstan	99.7 /100 \| #77	Exceptional $48,747
Immigrants \| Italy	99.6 /100 \| #78	Exceptional $48,654
Romanians	99.5 /100 \| #79	Exceptional $48,445
Egyptians	99.5 /100 \| #80	Exceptional $48,358
Armenians	99.4 /100 \| #81	Exceptional $48,287
Immigrants \| Indonesia	99.4 /100 \| #82	Exceptional $48,195
Immigrants \| Brazil	99.4 /100 \| #83	Exceptional $48,164
Immigrants \| Ukraine	99.3 /100 \| #84	Exceptional $48,134
Austrians	99.3 /100 \| #85	Exceptional $48,116
Immigrants \| Southern Europe	99.3 /100 \| #86	Exceptional $48,027
Ukrainians	99.3 /100 \| #87	Exceptional $48,014
Croatians	99.0 /100 \| #88	Exceptional $47,742

Demographics Similar to Immigrants from Venezuela by Per Capita Income

In terms of per capita income, the demographic groups most similar to Immigrants from Venezuela are Immigrants from Bangladesh ($41,709, a difference of 0.040%), Sudanese ($41,695, a difference of 0.080%), Tongan ($41,693, a difference of 0.080%), Guamanian/Chamorro ($41,678, a difference of 0.12%), and Trinidadian and Tobagonian ($41,655, a difference of 0.17%).

Demographics	Rating \| Rank	Per Capita Income
Ghanaians	15.7 /100 \| #206	Poor $42,164
Venezuelans	14.4 /100 \| #207	Poor $42,074
Panamanians	13.9 /100 \| #208	Poor $42,035
Immigrants \| Sudan	13.2 /100 \| #209	Poor $41,986
Ecuadorians	12.9 /100 \| #210	Poor $41,958
Immigrants \| Panama	11.6 /100 \| #211	Poor $41,853
Immigrants \| Senegal	11.3 /100 \| #212	Poor $41,830
Immigrants \| Venezuela	10.2 /100 \| #213	Poor $41,727
Immigrants \| Bangladesh	10.1 /100 \| #214	Poor $41,709
Sudanese	9.9 /100 \| #215	Tragic $41,695
Tongans	9.9 /100 \| #216	Tragic $41,693
Guamanians/Chamorros	9.7 /100 \| #217	Tragic $41,678
Trinidadians and Tobagonians	9.5 /100 \| #218	Tragic $41,655
Puget Sound Salish	8.1 /100 \| #219	Tragic $41,495
Immigrants \| Barbados	7.9 /100 \| #220	Tragic $41,478