Australian vs Icelander Median Family Income

The statistical analysis conducted on geographies consisting of 223,969,343 people shows no correlation between the proportion of Australians and median family income in the United States with a correlation coefficient (R) of -0.033 and weighted average of $118,440. 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 13.6%.

In terms of median family income, the demographic groups most similar to Australians are Immigrants from Turkey ($118,325, a difference of 0.10%), Israeli ($118,577, a difference of 0.12%), Immigrants from Asia ($118,291, a difference of 0.13%), Immigrants from Lithuania ($118,053, a difference of 0.33%), and Estonian ($118,013, a difference of 0.36%).

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%).