Icelander vs Immigrants from Bosnia and Herzegovina 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 156,794,982 people shows a moderate positive correlation between the proportion of Immigrants from Bosnia and Herzegovina and wage/income gap percentage in the United States with a correlation coefficient (R) of 0.409 and weighted average of 24.8%, a difference of 10.5%.

Wage/Income Gap Correlation Summary

Measurement	Icelander	Immigrants from Bosnia and Herzegovina
Minimum	13.8%	4.5%
Maximum	63.4%	48.7%
Range	49.6%	44.3%
Mean	38.2%	23.6%
Median	35.8%	24.2%
Interquartile 25% (IQ1)	31.7%	19.9%
Interquartile 75% (IQ3)	44.1%	27.3%
Interquartile Range (IQR)	12.4%	7.4%
Standard Deviation (Sample)	12.2%	7.8%
Standard Deviation (Population)	12.0%	7.7%

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 Bosnia and Herzegovina by Wage/Income Gap

In terms of wage/income gap, the demographic groups most similar to Immigrants from Bosnia and Herzegovina are Hispanic or Latino (24.9%, a difference of 0.11%), Immigrants from Nepal (24.9%, a difference of 0.14%), Hawaiian (24.9%, a difference of 0.15%), Immigrants from South Eastern Asia (24.8%, a difference of 0.16%), and Armenian (24.8%, a difference of 0.25%).

Demographics	Rating \| Rank	Wage/Income Gap
Immigrants \| Philippines	93.0 /100 \| #131	Exceptional 24.7%
Immigrants \| Costa Rica	92.4 /100 \| #132	Exceptional 24.7%
Colombians	92.4 /100 \| #133	Exceptional 24.7%
Mexican American Indians	92.2 /100 \| #134	Exceptional 24.7%
South American Indians	92.0 /100 \| #135	Exceptional 24.7%
Armenians	91.3 /100 \| #136	Exceptional 24.8%
Immigrants \| South Eastern Asia	90.9 /100 \| #137	Exceptional 24.8%
Immigrants \| Bosnia and Herzegovina	90.1 /100 \| #138	Exceptional 24.8%
Hispanics or Latinos	89.5 /100 \| #139	Excellent 24.9%
Immigrants \| Nepal	89.3 /100 \| #140	Excellent 24.9%
Hawaiians	89.3 /100 \| #141	Excellent 24.9%
Afghans	88.1 /100 \| #142	Excellent 24.9%
Immigrants \| Uganda	88.0 /100 \| #143	Excellent 24.9%
Chippewa	86.9 /100 \| #144	Excellent 25.0%
Comanche	85.2 /100 \| #145	Excellent 25.0%