Icelander vs Immigrants from Guatemala 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 377,084,903 people shows a moderate negative correlation between the proportion of Immigrants from Guatemala and median family income in the United States with a correlation coefficient (R) of -0.410 and weighted average of $87,191, a difference of 19.6%.

Median Family Income Correlation Summary

Measurement	Icelander	Immigrants from Guatemala
Minimum	$56,250	$27,406
Maximum	$165,003	$125,307
Range	$108,753	$97,901
Mean	$93,671	$72,495
Median	$90,899	$71,855
Interquartile 25% (IQ1)	$75,543	$56,716
Interquartile 75% (IQ3)	$106,880	$85,579
Interquartile Range (IQR)	$31,337	$28,864
Standard Deviation (Sample)	$25,058	$19,880
Standard Deviation (Population)	$24,750	$19,735

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 Guatemala by Median Family Income

In terms of median family income, the demographic groups most similar to Immigrants from Guatemala are Cajun ($87,157, a difference of 0.040%), Yaqui ($87,289, a difference of 0.11%), Fijian ($87,387, a difference of 0.22%), Immigrants from Latin America ($86,989, a difference of 0.23%), and Chippewa ($86,852, a difference of 0.39%).

Demographics	Rating \| Rank	Median Family Income
Central American Indians	0.1 /100 \| #289	Tragic $88,034
Shoshone	0.1 /100 \| #290	Tragic $87,872
Immigrants \| Cabo Verde	0.1 /100 \| #291	Tragic $87,830
Africans	0.1 /100 \| #292	Tragic $87,820
Ute	0.0 /100 \| #293	Tragic $87,596
Fijians	0.0 /100 \| #294	Tragic $87,387
Yaqui	0.0 /100 \| #295	Tragic $87,289
Immigrants \| Guatemala	0.0 /100 \| #296	Tragic $87,191
Cajuns	0.0 /100 \| #297	Tragic $87,157
Immigrants \| Latin America	0.0 /100 \| #298	Tragic $86,989
Chippewa	0.0 /100 \| #299	Tragic $86,852
Ottawa	0.0 /100 \| #300	Tragic $86,380
Colville	0.0 /100 \| #301	Tragic $85,792
Spanish American Indians	0.0 /100 \| #302	Tragic $85,728
Hispanics or Latinos	0.0 /100 \| #303	Tragic $85,647