Icelander vs Immigrants from Cabo Verde Median Earnings

The statistical analysis conducted on geographies consisting of 159,666,599 people shows a substantial positive correlation between the proportion of Icelanders and median earnings in the United States with a correlation coefficient (R) of 0.562 and weighted average of $46,916. Similarly, the statistical analysis conducted on geographies consisting of 38,158,666 people shows a mild negative correlation between the proportion of Immigrants from Cabo Verde and median earnings in the United States with a correlation coefficient (R) of -0.326 and weighted average of $43,963, a difference of 6.7%.

Median Earnings Correlation Summary

Measurement	Icelander	Immigrants from Cabo Verde
Minimum	$19,583	$29,297
Maximum	$115,625	$69,097
Range	$96,042	$39,800
Mean	$48,186	$45,169
Median	$44,536	$45,280
Interquartile 25% (IQ1)	$38,407	$38,744
Interquartile 75% (IQ3)	$50,498	$50,961
Interquartile Range (IQR)	$12,091	$12,217
Standard Deviation (Sample)	$17,953	$8,556
Standard Deviation (Population)	$17,732	$8,475

Similar Demographics by Median Earnings

Demographics Similar to Icelanders by Median Earnings

In terms of median earnings, the demographic groups most similar to Icelanders are South American Indian ($46,952, a difference of 0.080%), Immigrants from Eastern Africa ($46,969, a difference of 0.11%), Norwegian ($46,865, a difference of 0.11%), Immigrants from Peru ($47,025, a difference of 0.23%), and Alsatian ($47,023, a difference of 0.23%).

Demographics	Rating \| Rank	Median Earnings
Irish	76.6 /100 \| #156	Good $47,276
Czechs	75.1 /100 \| #157	Good $47,221
Slovaks	71.7 /100 \| #158	Good $47,095
Immigrants \| Peru	69.6 /100 \| #159	Good $47,025
Alsatians	69.6 /100 \| #160	Good $47,023
Immigrants \| Eastern Africa	68.0 /100 \| #161	Good $46,969
South American Indians	67.4 /100 \| #162	Good $46,952
Icelanders	66.3 /100 \| #163	Good $46,916
Norwegians	64.7 /100 \| #164	Good $46,865
South Americans	62.7 /100 \| #165	Good $46,804
Czechoslovakians	57.8 /100 \| #166	Average $46,658
Costa Ricans	57.4 /100 \| #167	Average $46,645
Immigrants \| Africa	54.6 /100 \| #168	Average $46,564
Immigrants \| South America	54.0 /100 \| #169	Average $46,548
Immigrants \| Immigrants	51.6 /100 \| #170	Average $46,478

Demographics Similar to Immigrants from Cabo Verde by Median Earnings

In terms of median earnings, the demographic groups most similar to Immigrants from Cabo Verde are Immigrants from West Indies ($43,989, a difference of 0.060%), Immigrants from Burma/Myanmar ($43,998, a difference of 0.080%), Nepalese ($43,860, a difference of 0.24%), Malaysian ($43,844, a difference of 0.27%), and Subsaharan African ($44,118, a difference of 0.35%).

Demographics	Rating \| Rank	Median Earnings
Aleuts	4.4 /100 \| #240	Tragic $44,241
Samoans	4.2 /100 \| #241	Tragic $44,206
Immigrants \| Venezuela	4.0 /100 \| #242	Tragic $44,163
Sub-Saharan Africans	3.7 /100 \| #243	Tragic $44,118
Immigrants \| Nonimmigrants	3.7 /100 \| #244	Tragic $44,117
Immigrants \| Burma/Myanmar	3.2 /100 \| #245	Tragic $43,998
Immigrants \| West Indies	3.1 /100 \| #246	Tragic $43,989
Immigrants \| Cabo Verde	3.0 /100 \| #247	Tragic $43,963
Nepalese	2.6 /100 \| #248	Tragic $43,860
Malaysians	2.6 /100 \| #249	Tragic $43,844
Alaska Natives	2.3 /100 \| #250	Tragic $43,750
Tsimshian	2.1 /100 \| #251	Tragic $43,695
Hawaiians	2.0 /100 \| #252	Tragic $43,673
Somalis	1.8 /100 \| #253	Tragic $43,567
Liberians	1.7 /100 \| #254	Tragic $43,536