Icelander vs Immigrants from Asia 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 548,079,334 people shows a weak positive correlation between the proportion of Immigrants from Asia and median family income in the United States with a correlation coefficient (R) of 0.238 and weighted average of $118,291, a difference of 13.4%.

Median Family Income Correlation Summary

Measurement	Icelander	Immigrants from Asia
Minimum	$56,250	$58,163
Maximum	$165,003	$227,279
Range	$108,753	$169,116
Mean	$93,671	$129,737
Median	$90,899	$128,095
Interquartile 25% (IQ1)	$75,543	$109,196
Interquartile 75% (IQ3)	$106,880	$144,788
Interquartile Range (IQR)	$31,337	$35,592
Standard Deviation (Sample)	$25,058	$31,368
Standard Deviation (Population)	$24,750	$31,213

Similar Demographics by Median Family Income

Demographics Similar to Icelanders by Median Family Income

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%).

Demographics	Rating \| Rank	Median Family Income
Immigrants \| Nepal	76.3 /100 \| #154	Good $104,966
Native Hawaiians	75.8 /100 \| #155	Good $104,910
Basques	74.4 /100 \| #156	Good $104,760
Moroccans	71.6 /100 \| #157	Good $104,488
Scandinavians	70.8 /100 \| #158	Good $104,410
Swiss	70.7 /100 \| #159	Good $104,396
Scottish	69.5 /100 \| #160	Good $104,288
Icelanders	69.4 /100 \| #161	Good $104,282
Immigrants \| Sierra Leone	66.2 /100 \| #162	Good $103,990
Costa Ricans	66.2 /100 \| #163	Good $103,989
Sierra Leoneans	64.7 /100 \| #164	Good $103,859
Slovaks	63.1 /100 \| #165	Good $103,729
English	62.6 /100 \| #166	Good $103,684
South American Indians	61.9 /100 \| #167	Good $103,624
Immigrants \| Peru	60.8 /100 \| #168	Good $103,534

Demographics Similar to Immigrants from Asia by Median Family Income

In terms of median family income, the demographic groups most similar to Immigrants from Asia are Immigrants from Turkey ($118,325, a difference of 0.030%), Australian ($118,440, a difference of 0.13%), Immigrants from Lithuania ($118,053, a difference of 0.20%), Israeli ($118,577, a difference of 0.24%), and Estonian ($118,013, a difference of 0.24%).

Demographics	Rating \| Rank	Median Family Income
Asians	100.0 /100 \| #32	Exceptional $119,955
Bhutanese	100.0 /100 \| #33	Exceptional $119,800
Bolivians	100.0 /100 \| #34	Exceptional $119,479
Soviet Union	100.0 /100 \| #35	Exceptional $119,262
Israelis	100.0 /100 \| #36	Exceptional $118,577
Australians	100.0 /100 \| #37	Exceptional $118,440
Immigrants \| Turkey	100.0 /100 \| #38	Exceptional $118,325
Immigrants \| Asia	100.0 /100 \| #39	Exceptional $118,291
Immigrants \| Lithuania	100.0 /100 \| #40	Exceptional $118,053
Estonians	100.0 /100 \| #41	Exceptional $118,013
Immigrants \| Bolivia	100.0 /100 \| #42	Exceptional $117,912
Bulgarians	100.0 /100 \| #43	Exceptional $117,818
Cambodians	100.0 /100 \| #44	Exceptional $117,780
Immigrants \| Greece	99.9 /100 \| #45	Exceptional $117,344
Immigrants \| Russia	99.9 /100 \| #46	Exceptional $116,942