Icelander vs Spanish American 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 103,155,631 people shows a poor positive correlation between the proportion of Spanish Americans and median family income in the United States with a correlation coefficient (R) of 0.136 and weighted average of $90,322, a difference of 15.5%.

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 Spanish Americans are Immigrants from Micronesia ($90,345, a difference of 0.020%), Immigrants from Liberia ($90,450, a difference of 0.14%), Iroquois ($90,543, a difference of 0.24%), Immigrants from St. Vincent and the Grenadines ($90,094, a difference of 0.25%), and Jamaican ($90,581, a difference of 0.29%).