South American vs Icelander Median Male Earnings

The statistical analysis conducted on geographies consisting of 493,870,370 people shows a slight negative correlation between the proportion of South Americans and median male earnings in the United States with a correlation coefficient (R) of -0.056 and weighted average of $54,492. Similarly, the statistical analysis conducted on geographies consisting of 159,653,287 people shows a substantial positive correlation between the proportion of Icelanders and median male earnings in the United States with a correlation coefficient (R) of 0.539 and weighted average of $55,415, a difference of 1.7%.

In terms of median male earnings, the demographic groups most similar to South Americans are South American Indian ($54,508, a difference of 0.030%), Dutch ($54,410, a difference of 0.15%), Welsh ($54,647, a difference of 0.28%), Immigrants from Peru ($54,695, a difference of 0.37%), and French Canadian ($54,722, a difference of 0.42%). Similarly, the demographic groups most similar to Icelanders are Immigrants from Ethiopia ($55,434, a difference of 0.030%), Czechoslovakian ($55,382, a difference of 0.060%), Alsatian ($55,380, a difference of 0.060%), Basque ($55,370, a difference of 0.080%), and Belgian ($55,361, a difference of 0.10%).