Icelander vs Immigrants from Australia Median Family Income

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. Similarly, the statistical analysis conducted on geographies consisting of 227,105,113 people shows a mild negative correlation between the proportion of Immigrants from Australia and median family income in the United States with a correlation coefficient (R) of -0.359 and weighted average of $126,620, a difference of 21.4%.

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%).

In terms of median family income, the demographic groups most similar to Immigrants from Australia are Cypriot ($127,064, a difference of 0.35%), Immigrants from South Central Asia ($125,956, a difference of 0.53%), Immigrants from Israel ($127,430, a difference of 0.64%), Immigrants from Ireland ($127,584, a difference of 0.76%), and Eastern European ($125,546, a difference of 0.86%).