Icelander vs Immigrants from Northern Europe 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 476,742,479 people shows a weak negative correlation between the proportion of Immigrants from Northern Europe and median family income in the United States with a correlation coefficient (R) of -0.299 and weighted average of $121,840, a difference of 16.8%.

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 Immigrants from Northern Europe are Turkish ($121,202, a difference of 0.53%), Immigrants from Sweden ($122,765, a difference of 0.76%), Immigrants from Japan ($122,764, a difference of 0.76%), Immigrants from Korea ($122,800, a difference of 0.79%), and Immigrants from Switzerland ($120,726, a difference of 0.92%).