Icelander vs Austrian Median Family Income

The statistical analysis conducted on geographies consisting of 159,597,543 people shows a poor negative correlation between the proportion of Icelanders and median family income in the United States with a correlation coefficient (R) of -0.141 and weighted average of $104,282. Similarly, the statistical analysis conducted on geographies consisting of 451,614,723 people shows a moderate negative correlation between the proportion of Austrians and median family income in the United States with a correlation coefficient (R) of -0.405 and weighted average of $111,306, a difference of 6.7%.

In terms of median family income, the demographic groups most similar to Icelanders are Scottish ($104,288, a difference of 0.010%), Swiss ($104,396, a difference of 0.11%), Scandinavian ($104,410, a difference of 0.12%), Moroccan ($104,488, a difference of 0.20%), and Immigrants from Sierra Leone ($103,990, a difference of 0.28%).

In terms of median family income, the demographic groups most similar to Austrians are Immigrants from Hungary ($111,378, a difference of 0.060%), Croatian ($111,370, a difference of 0.060%), Ukrainian ($111,368, a difference of 0.060%), Romanian ($111,243, a difference of 0.060%), and Immigrants from Egypt ($111,689, a difference of 0.34%).