Icelander vs Immigrants from Liberia Median Household Income

The statistical analysis conducted on geographies consisting of 159,599,934 people shows no correlation between the proportion of Icelanders and median household income in the United States with a correlation coefficient (R) of 0.015 and weighted average of $85,797. Similarly, the statistical analysis conducted on geographies consisting of 135,245,010 people shows a moderate negative correlation between the proportion of Immigrants from Liberia and median household income in the United States with a correlation coefficient (R) of -0.494 and weighted average of $74,896, a difference of 14.6%.

Median Household Income Correlation Summary

Measurement	Icelander	Immigrants from Liberia
Minimum	$35,179	$20,699
Maximum	$116,250	$122,146
Range	$81,071	$101,447
Mean	$74,702	$71,180
Median	$76,562	$70,898
Interquartile 25% (IQ1)	$62,204	$61,014
Interquartile 75% (IQ3)	$86,541	$81,401
Interquartile Range (IQR)	$24,337	$20,387
Standard Deviation (Sample)	$17,966	$18,219
Standard Deviation (Population)	$17,740	$18,076

Similar Demographics by Median Household Income

Demographics Similar to Icelanders by Median Household Income

In terms of median household income, the demographic groups most similar to Icelanders are Immigrants ($85,818, a difference of 0.020%), Colombian ($85,716, a difference of 0.090%), Swiss ($85,681, a difference of 0.14%), Immigrants from South America ($85,611, a difference of 0.22%), and Slovene ($85,562, a difference of 0.27%).

Demographics	Rating \| Rank	Median Household Income
Slavs	69.7 /100 \| #161	Good $86,398
Guamanians/Chamorros	67.7 /100 \| #162	Good $86,255
Czechs	66.4 /100 \| #163	Good $86,164
Irish	66.2 /100 \| #164	Good $86,145
Norwegians	65.3 /100 \| #165	Good $86,084
Scandinavians	65.1 /100 \| #166	Good $86,073
Immigrants \| Immigrants	61.3 /100 \| #167	Good $85,818
Icelanders	61.0 /100 \| #168	Good $85,797
Colombians	59.7 /100 \| #169	Average $85,716
Swiss	59.2 /100 \| #170	Average $85,681
Immigrants \| South America	58.1 /100 \| #171	Average $85,611
Slovenes	57.4 /100 \| #172	Average $85,562
Immigrants \| Cameroon	53.4 /100 \| #173	Average $85,314
Scottish	50.0 /100 \| #174	Average $85,101
Immigrants \| Costa Rica	49.2 /100 \| #175	Average $85,054

Demographics Similar to Immigrants from Liberia by Median Household Income

In terms of median household income, the demographic groups most similar to Immigrants from Liberia are Central American Indian ($74,847, a difference of 0.070%), Senegalese ($74,999, a difference of 0.14%), Cree ($74,685, a difference of 0.28%), Immigrants from Guatemala ($75,123, a difference of 0.30%), and Yaqui ($74,596, a difference of 0.40%).

Demographics	Rating \| Rank	Median Household Income
British West Indians	0.2 /100 \| #274	Tragic $75,647
Immigrants \| Micronesia	0.2 /100 \| #275	Tragic $75,574
Immigrants \| Latin America	0.2 /100 \| #276	Tragic $75,420
Spanish Americans	0.2 /100 \| #277	Tragic $75,386
Osage	0.2 /100 \| #278	Tragic $75,240
Immigrants \| Guatemala	0.2 /100 \| #279	Tragic $75,123
Senegalese	0.2 /100 \| #280	Tragic $74,999
Immigrants \| Liberia	0.1 /100 \| #281	Tragic $74,896
Central American Indians	0.1 /100 \| #282	Tragic $74,847
Cree	0.1 /100 \| #283	Tragic $74,685
Yaqui	0.1 /100 \| #284	Tragic $74,596
Mexicans	0.1 /100 \| #285	Tragic $74,399
Immigrants \| Somalia	0.1 /100 \| #286	Tragic $74,300
Iroquois	0.1 /100 \| #287	Tragic $74,279
Immigrants \| Central America	0.1 /100 \| #288	Tragic $74,217