Icelander vs Italian 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 573,577,763 people shows no correlation between the proportion of Italians and median family income in the United States with a correlation coefficient (R) of 0.034 and weighted average of $112,372, a difference of 7.8%.

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 Italians are Immigrants from Canada ($112,374, a difference of 0.0%), Immigrants from Croatia ($112,323, a difference of 0.040%), Immigrants from Eastern Europe ($112,527, a difference of 0.14%), Immigrants from North America ($112,151, a difference of 0.20%), and Argentinean ($112,665, a difference of 0.26%).