Icelander vs Argentinean 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 296,932,398 people shows a mild positive correlation between the proportion of Argentineans and median family income in the United States with a correlation coefficient (R) of 0.362 and weighted average of $112,665, a difference of 8.0%.

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 Argentineans are Immigrants from Western Europe ($112,688, a difference of 0.020%), Immigrants from Eastern Europe ($112,527, a difference of 0.12%), Immigrants from Italy ($112,848, a difference of 0.16%), Laotian ($112,859, a difference of 0.17%), and Immigrants from Canada ($112,374, a difference of 0.26%).