Icelander vs Immigrants from Barbados 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 112,740,718 people shows a poor negative correlation between the proportion of Immigrants from Barbados and median family income in the United States with a correlation coefficient (R) of -0.178 and weighted average of $92,419, a difference of 12.8%.

Median Family Income Correlation Summary

Measurement	Icelander	Immigrants from Barbados
Minimum	$56,250	$44,554
Maximum	$165,003	$149,653
Range	$108,753	$105,099
Mean	$93,671	$92,071
Median	$90,899	$92,856
Interquartile 25% (IQ1)	$75,543	$81,708
Interquartile 75% (IQ3)	$106,880	$103,000
Interquartile Range (IQR)	$31,337	$21,293
Standard Deviation (Sample)	$25,058	$20,843
Standard Deviation (Population)	$24,750	$20,721

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 Barbados by Median Family Income

In terms of median family income, the demographic groups most similar to Immigrants from Barbados are Immigrants from Guyana ($92,513, a difference of 0.10%), Immigrants from El Salvador ($92,545, a difference of 0.14%), Immigrants from Laos ($92,239, a difference of 0.20%), Nicaraguan ($92,231, a difference of 0.20%), and Immigrants from Somalia ($92,609, a difference of 0.21%).

Demographics	Rating \| Rank	Median Family Income
Immigrants \| Senegal	0.7 /100 \| #247	Tragic $92,912
French American Indians	0.7 /100 \| #248	Tragic $92,872
Immigrants \| Ecuador	0.7 /100 \| #249	Tragic $92,837
West Indians	0.6 /100 \| #250	Tragic $92,765
Immigrants \| Somalia	0.6 /100 \| #251	Tragic $92,609
Immigrants \| El Salvador	0.6 /100 \| #252	Tragic $92,545
Immigrants \| Guyana	0.6 /100 \| #253	Tragic $92,513
Immigrants \| Barbados	0.5 /100 \| #254	Tragic $92,419
Immigrants \| Laos	0.5 /100 \| #255	Tragic $92,239
Nicaraguans	0.5 /100 \| #256	Tragic $92,231
Americans	0.4 /100 \| #257	Tragic $92,096
Osage	0.4 /100 \| #258	Tragic $91,926
Cape Verdeans	0.4 /100 \| #259	Tragic $91,848
Pennsylvania Germans	0.4 /100 \| #260	Tragic $91,763
Inupiat	0.4 /100 \| #261	Tragic $91,730