Immigrants from Eastern Europe vs Armenian Median Household Income

The statistical analysis conducted on geographies consisting of 475,370,046 people shows a significant negative correlation between the proportion of Immigrants from Eastern Europe and median household income in the United States with a correlation coefficient (R) of -0.647 and weighted average of $93,051. 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 1.3%.

In terms of median household income, the demographic groups most similar to Immigrants from Eastern Europe are Tongan ($93,076, a difference of 0.030%), Sri Lankan ($93,093, a difference of 0.050%), Immigrants from Bulgaria ($93,148, a difference of 0.10%), Immigrants from Spain ($92,732, a difference of 0.34%), and Italian ($92,475, a difference of 0.62%). Similarly, 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%).