Icelander vs Immigrants from Asia Wage/Income Gap

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 547,716,290 people shows a slight positive correlation between the proportion of Immigrants from Asia and wage/income gap percentage in the United States with a correlation coefficient (R) of 0.051 and weighted average of 27.0%, a difference of 1.8%.

Wage/Income Gap Correlation Summary

Measurement	Icelander	Immigrants from Asia
Minimum	13.8%	9.2%
Maximum	63.4%	46.1%
Range	49.6%	36.9%
Mean	38.2%	28.2%
Median	35.8%	27.8%
Interquartile 25% (IQ1)	31.7%	25.4%
Interquartile 75% (IQ3)	44.1%	30.4%
Interquartile Range (IQR)	12.4%	4.9%
Standard Deviation (Sample)	12.2%	6.3%
Standard Deviation (Population)	12.0%	6.2%

Similar Demographics by Wage/Income Gap

Demographics Similar to Icelanders 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 Israeli (27.4%, a difference of 0.27%).

Demographics	Rating \| Rank	Wage/Income Gap
Ukrainians	2.4 /100 \| #252	Tragic 27.3%
Portuguese	2.2 /100 \| #253	Tragic 27.4%
Israelis	2.1 /100 \| #254	Tragic 27.4%
Immigrants \| France	2.1 /100 \| #255	Tragic 27.4%
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%

Demographics Similar to Immigrants from Asia by Wage/Income Gap

In terms of wage/income gap, the demographic groups most similar to Immigrants from Asia are Immigrants from Turkey (27.0%, a difference of 0.030%), Spaniard (27.0%, a difference of 0.040%), Ottawa (27.0%, a difference of 0.050%), Bhutanese (27.0%, a difference of 0.070%), and Argentinean (27.0%, a difference of 0.10%).

Demographics	Rating \| Rank	Wage/Income Gap
Bolivians	8.3 /100 \| #222	Tragic 26.8%
Jordanians	8.0 /100 \| #223	Tragic 26.8%
Immigrants \| Argentina	7.2 /100 \| #224	Tragic 26.8%
Immigrants \| Ireland	6.5 /100 \| #225	Tragic 26.9%
Asians	5.9 /100 \| #226	Tragic 26.9%
Spaniards	5.6 /100 \| #227	Tragic 27.0%
Immigrants \| Turkey	5.6 /100 \| #228	Tragic 27.0%
Immigrants \| Asia	5.5 /100 \| #229	Tragic 27.0%
Ottawa	5.3 /100 \| #230	Tragic 27.0%
Bhutanese	5.3 /100 \| #231	Tragic 27.0%
Argentineans	5.2 /100 \| #232	Tragic 27.0%
Immigrants \| Brazil	5.0 /100 \| #233	Tragic 27.0%
Immigrants \| Pakistan	4.9 /100 \| #234	Tragic 27.0%
Immigrants \| Hungary	4.8 /100 \| #235	Tragic 27.0%
Immigrants \| Romania	4.8 /100 \| #236	Tragic 27.0%