Icelander vs Immigrants from Korea 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 416,330,492 people shows a poor negative correlation between the proportion of Immigrants from Korea and median earnings in the United States with a correlation coefficient (R) of -0.146 and weighted average of $54,530, a difference of 16.2%.

Median Earnings Correlation Summary

Measurement	Icelander	Immigrants from Korea
Minimum	$19,583	$8,707
Maximum	$115,625	$116,380
Range	$96,042	$107,673
Mean	$48,186	$60,321
Median	$44,536	$60,242
Interquartile 25% (IQ1)	$38,407	$50,376
Interquartile 75% (IQ3)	$50,498	$68,586
Interquartile Range (IQR)	$12,091	$18,211
Standard Deviation (Sample)	$17,953	$19,123
Standard Deviation (Population)	$17,732	$18,966

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 Korea by Median Earnings

In terms of median earnings, the demographic groups most similar to Immigrants from Korea are Burmese ($54,559, a difference of 0.050%), Immigrants from Sweden ($54,478, a difference of 0.10%), Cypriot ($54,589, a difference of 0.11%), Immigrants from Belgium ($54,679, a difference of 0.27%), and Soviet Union ($54,290, a difference of 0.44%).

Demographics	Rating \| Rank	Median Earnings
Indians (Asian)	100.0 /100 \| #15	Exceptional $56,253
Immigrants \| Eastern Asia	100.0 /100 \| #16	Exceptional $56,183
Eastern Europeans	100.0 /100 \| #17	Exceptional $55,084
Immigrants \| Japan	100.0 /100 \| #18	Exceptional $54,938
Immigrants \| Belgium	100.0 /100 \| #19	Exceptional $54,679
Cypriots	100.0 /100 \| #20	Exceptional $54,589
Burmese	100.0 /100 \| #21	Exceptional $54,559
Immigrants \| Korea	100.0 /100 \| #22	Exceptional $54,530
Immigrants \| Sweden	100.0 /100 \| #23	Exceptional $54,478
Soviet Union	100.0 /100 \| #24	Exceptional $54,290
Turks	100.0 /100 \| #25	Exceptional $53,919
Immigrants \| Northern Europe	100.0 /100 \| #26	Exceptional $53,872
Asians	100.0 /100 \| #27	Exceptional $53,690
Immigrants \| France	100.0 /100 \| #28	Exceptional $53,490
Immigrants \| Russia	100.0 /100 \| #29	Exceptional $53,457