American vs Icelander Householder Income Over 65 years

The statistical analysis conducted on geographies consisting of 575,586,955 people shows a significant negative correlation between the proportion of Americans and household income with householder over the age of 65 in the United States with a correlation coefficient (R) of -0.626 and weighted average of $55,527. Similarly, the statistical analysis conducted on geographies consisting of 159,443,752 people shows a mild negative correlation between the proportion of Icelanders and household income with householder over the age of 65 in the United States with a correlation coefficient (R) of -0.363 and weighted average of $61,270, a difference of 10.3%.

In terms of householder income over 65 years, the demographic groups most similar to Americans are Immigrants from Trinidad and Tobago ($55,598, a difference of 0.13%), Immigrants from Bangladesh ($55,394, a difference of 0.24%), Osage ($55,677, a difference of 0.27%), German Russian ($55,356, a difference of 0.31%), and Trinidadian and Tobagonian ($55,327, a difference of 0.36%).

In terms of householder income over 65 years, the demographic groups most similar to Icelanders are Czech ($61,244, a difference of 0.040%), Ugandan ($61,177, a difference of 0.15%), Immigrants from North Macedonia ($61,175, a difference of 0.16%), Immigrants from Ukraine ($61,163, a difference of 0.18%), and Immigrants from Eastern Africa ($61,157, a difference of 0.19%).