Immigrants from Europe vs Icelander Median Family Income

The statistical analysis conducted on geographies consisting of 546,465,722 people shows a substantial negative correlation between the proportion of Immigrants from Europe and median family income in the United States with a correlation coefficient (R) of -0.505 and weighted average of $115,523. Similarly, 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, a difference of 10.8%.

In terms of median family income, the demographic groups most similar to Immigrants from Europe are Lithuanian ($115,395, a difference of 0.11%), New Zealander ($115,230, a difference of 0.25%), Immigrants from Norway ($115,847, a difference of 0.28%), Maltese ($115,862, a difference of 0.29%), and Greek ($115,192, a difference of 0.29%).

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%).