Icelander vs American Wage/Income Gap
COMPARE
Icelander
American
Wage/Income Gap
Wage/Income Gap Comparison
Icelanders
Americans
27.5%
WAGE/INCOME GAP
1.8/ 100
METRIC RATING
259th/ 347
METRIC RANK
27.8%
WAGE/INCOME GAP
0.7/ 100
METRIC RATING
274th/ 347
METRIC RANK
Icelander vs American Wage/Income Gap Correlation Chart
The statistical analysis conducted on geographies consisting of 159,627,714 people shows a moderate positive correlation between the proportion of Icelanders and wage/income gap percentage in the United States with a correlation coefficient (R) of 0.415 and weighted average of 27.5%. Similarly, the statistical analysis conducted on geographies consisting of 577,977,110 people shows a weak positive correlation between the proportion of Americans and wage/income gap percentage in the United States with a correlation coefficient (R) of 0.262 and weighted average of 27.8%, a difference of 1.4%.
Wage/Income Gap Correlation Summary
| Measurement | Icelander | American |
| Minimum | 13.8% | 2.7% |
| Maximum | 63.4% | 69.8% |
| Range | 49.6% | 67.1% |
| Mean | 38.2% | 30.2% |
| Median | 35.8% | 28.7% |
| Interquartile 25% (IQ1) | 31.7% | 26.0% |
| Interquartile 75% (IQ3) | 44.1% | 31.7% |
| Interquartile Range (IQR) | 12.4% | 5.7% |
| Standard Deviation (Sample) | 12.2% | 10.5% |
| Standard Deviation (Population) | 12.0% | 10.5% |
Demographics Similar to Icelanders and Americans by Wage/Income Gap
In terms of wage/income gap, the demographic groups most similar to Icelanders are Tongan (27.5%, a difference of 0.020%), Slavic (27.4%, a difference of 0.080%), Luxembourger (27.4%, a difference of 0.11%), Cherokee (27.4%, a difference of 0.16%), and Immigrants from Germany (27.5%, a difference of 0.28%). Similarly, the demographic groups most similar to Americans are Bulgarian (27.8%, a difference of 0.040%), Immigrants from Japan (27.9%, a difference of 0.080%), Lebanese (27.9%, a difference of 0.11%), Immigrants from Korea (27.8%, a difference of 0.15%), and Ute (27.8%, a difference of 0.22%).
| Demographics | Rating | Rank | Wage/Income Gap |
| Cherokee | 1.9 /100 | #256 | Tragic 27.4% |
| Luxembourgers | 1.9 /100 | #257 | Tragic 27.4% |
| Slavs | 1.8 /100 | #258 | Tragic 27.4% |
| Icelanders | 1.8 /100 | #259 | Tragic 27.5% |
| Tongans | 1.7 /100 | #260 | Tragic 27.5% |
| Immigrants | Germany | 1.5 /100 | #261 | Tragic 27.5% |
| Immigrants | Lebanon | 1.5 /100 | #262 | Tragic 27.5% |
| Syrians | 1.4 /100 | #263 | Tragic 27.6% |
| Immigrants | Switzerland | 1.0 /100 | #264 | Tragic 27.7% |
| Serbians | 1.0 /100 | #265 | Tragic 27.7% |
| Hmong | 1.0 /100 | #266 | Tragic 27.7% |
| Turks | 1.0 /100 | #267 | Tragic 27.7% |
| New Zealanders | 1.0 /100 | #268 | Tragic 27.7% |
| Potawatomi | 0.9 /100 | #269 | Tragic 27.7% |
| Immigrants | Western Europe | 0.9 /100 | #270 | Tragic 27.8% |
| Ute | 0.8 /100 | #271 | Tragic 27.8% |
| Immigrants | Korea | 0.8 /100 | #272 | Tragic 27.8% |
| Bulgarians | 0.7 /100 | #273 | Tragic 27.8% |
| Americans | 0.7 /100 | #274 | Tragic 27.8% |
| Immigrants | Japan | 0.7 /100 | #275 | Tragic 27.9% |
| Lebanese | 0.7 /100 | #276 | Tragic 27.9% |