Icelander vs Immigrants from Southern 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 402,509,296 people shows a significant negative correlation between the proportion of Immigrants from Southern Europe and median family income in the United States with a correlation coefficient (R) of -0.614 and weighted average of $110,614, a difference of 6.1%.

Median Family Income Correlation Summary

Measurement	Icelander	Immigrants from Southern Europe
Minimum	$56,250	$43,571
Maximum	$165,003	$141,836
Range	$108,753	$98,265
Mean	$93,671	$97,967
Median	$90,899	$102,217
Interquartile 25% (IQ1)	$75,543	$78,639
Interquartile 75% (IQ3)	$106,880	$117,023
Interquartile Range (IQR)	$31,337	$38,384
Standard Deviation (Sample)	$25,058	$25,189
Standard Deviation (Population)	$24,750	$24,793

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 Southern Europe by Median Family Income

In terms of median family income, the demographic groups most similar to Immigrants from Southern Europe are Northern European ($110,635, a difference of 0.020%), Immigrants from Argentina ($110,873, a difference of 0.23%), Immigrants from Lebanon ($110,159, a difference of 0.41%), Immigrants from Kazakhstan ($110,137, a difference of 0.43%), and Korean ($110,103, a difference of 0.46%).

Demographics	Rating \| Rank	Median Family Income
Immigrants \| Hungary	98.8 /100 \| #84	Exceptional $111,378
Croatians	98.8 /100 \| #85	Exceptional $111,370
Ukrainians	98.8 /100 \| #86	Exceptional $111,368
Austrians	98.8 /100 \| #87	Exceptional $111,306
Romanians	98.8 /100 \| #88	Exceptional $111,243
Immigrants \| Argentina	98.5 /100 \| #89	Exceptional $110,873
Northern Europeans	98.3 /100 \| #90	Exceptional $110,635
Immigrants \| Southern Europe	98.3 /100 \| #91	Exceptional $110,614
Immigrants \| Lebanon	97.9 /100 \| #92	Exceptional $110,159
Immigrants \| Kazakhstan	97.8 /100 \| #93	Exceptional $110,137
Koreans	97.8 /100 \| #94	Exceptional $110,103
Zimbabweans	97.7 /100 \| #95	Exceptional $110,011
Immigrants \| Moldova	97.7 /100 \| #96	Exceptional $109,975
Jordanians	97.5 /100 \| #97	Exceptional $109,865
Immigrants \| Kuwait	97.4 /100 \| #98	Exceptional $109,731