Icelander vs Australian Median Household Income
COMPARE
Icelander
Australian
Median Household Income
Median Household Income Comparison
Icelanders
Australians
$85,797
MEDIAN HOUSEHOLD INCOME
61.0/ 100
METRIC RATING
168th/ 347
METRIC RANK
$96,490
MEDIAN HOUSEHOLD INCOME
99.9/ 100
METRIC RATING
46th/ 347
METRIC RANK
Icelander vs Australian Median Household Income Correlation Chart
The statistical analysis conducted on geographies consisting of 159,599,934 people shows no correlation between the proportion of Icelanders and median household income in the United States with a correlation coefficient (R) of 0.015 and weighted average of $85,797. Similarly, the statistical analysis conducted on geographies consisting of 223,978,576 people shows a moderate negative correlation between the proportion of Australians and median household income in the United States with a correlation coefficient (R) of -0.489 and weighted average of $96,490, a difference of 12.5%.
Median Household Income Correlation Summary
| Measurement | Icelander | Australian |
| Minimum | $35,179 | $30,714 |
| Maximum | $116,250 | $166,528 |
| Range | $81,071 | $135,814 |
| Mean | $74,702 | $91,180 |
| Median | $76,562 | $88,142 |
| Interquartile 25% (IQ1) | $62,204 | $68,506 |
| Interquartile 75% (IQ3) | $86,541 | $103,837 |
| Interquartile Range (IQR) | $24,337 | $35,331 |
| Standard Deviation (Sample) | $17,966 | $30,330 |
| Standard Deviation (Population) | $17,740 | $30,047 |
Similar Demographics by Median Household Income
Demographics Similar to Icelanders by Median Household Income
In terms of median household income, the demographic groups most similar to Icelanders are Immigrants ($85,818, a difference of 0.020%), Colombian ($85,716, a difference of 0.090%), Swiss ($85,681, a difference of 0.14%), Immigrants from South America ($85,611, a difference of 0.22%), and Slovene ($85,562, a difference of 0.27%).
| Demographics | Rating | Rank | Median Household Income |
| Slavs | 69.7 /100 | #161 | Good $86,398 |
| Guamanians/Chamorros | 67.7 /100 | #162 | Good $86,255 |
| Czechs | 66.4 /100 | #163 | Good $86,164 |
| Irish | 66.2 /100 | #164 | Good $86,145 |
| Norwegians | 65.3 /100 | #165 | Good $86,084 |
| Scandinavians | 65.1 /100 | #166 | Good $86,073 |
| Immigrants | Immigrants | 61.3 /100 | #167 | Good $85,818 |
| Icelanders | 61.0 /100 | #168 | Good $85,797 |
| Colombians | 59.7 /100 | #169 | Average $85,716 |
| Swiss | 59.2 /100 | #170 | Average $85,681 |
| Immigrants | South America | 58.1 /100 | #171 | Average $85,611 |
| Slovenes | 57.4 /100 | #172 | Average $85,562 |
| Immigrants | Cameroon | 53.4 /100 | #173 | Average $85,314 |
| Scottish | 50.0 /100 | #174 | Average $85,101 |
| Immigrants | Costa Rica | 49.2 /100 | #175 | Average $85,054 |
Demographics Similar to Australians by Median Household Income
In terms of median household income, the demographic groups most similar to Australians are Israeli ($96,552, a difference of 0.060%), Immigrants from Russia ($96,378, a difference of 0.12%), Cambodian ($96,324, a difference of 0.17%), Immigrants from Greece ($96,675, a difference of 0.19%), and Immigrants from Malaysia ($96,292, a difference of 0.21%).
| Demographics | Rating | Rank | Median Household Income |
| Afghans | 100.0 /100 | #39 | Exceptional $97,026 |
| Maltese | 100.0 /100 | #40 | Exceptional $97,015 |
| Immigrants | Turkey | 100.0 /100 | #41 | Exceptional $96,964 |
| Immigrants | Lithuania | 99.9 /100 | #42 | Exceptional $96,836 |
| Immigrants | France | 99.9 /100 | #43 | Exceptional $96,743 |
| Immigrants | Greece | 99.9 /100 | #44 | Exceptional $96,675 |
| Israelis | 99.9 /100 | #45 | Exceptional $96,552 |
| Australians | 99.9 /100 | #46 | Exceptional $96,490 |
| Immigrants | Russia | 99.9 /100 | #47 | Exceptional $96,378 |
| Cambodians | 99.9 /100 | #48 | Exceptional $96,324 |
| Immigrants | Malaysia | 99.9 /100 | #49 | Exceptional $96,292 |
| Bulgarians | 99.9 /100 | #50 | Exceptional $96,290 |
| Estonians | 99.9 /100 | #51 | Exceptional $95,930 |
| Immigrants | South Africa | 99.9 /100 | #52 | Exceptional $95,800 |
| Paraguayans | 99.9 /100 | #53 | Exceptional $95,737 |