Icelander vs Immigrants from Mexico 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 512,958,720 people shows a very strong negative correlation between the proportion of Immigrants from Mexico and median family income in the United States with a correlation coefficient (R) of -0.870 and weighted average of $83,639, a difference of 24.7%.

Median Family Income Correlation Summary

Measurement	Icelander	Immigrants from Mexico
Minimum	$56,250	$27,125
Maximum	$165,003	$104,446
Range	$108,753	$77,321
Mean	$93,671	$66,857
Median	$90,899	$67,328
Interquartile 25% (IQ1)	$75,543	$51,313
Interquartile 75% (IQ3)	$106,880	$80,504
Interquartile Range (IQR)	$31,337	$29,191
Standard Deviation (Sample)	$25,058	$19,043
Standard Deviation (Population)	$24,750	$18,960

Similar Demographics by Median Family Income

Demographics Similar to Icelanders by Median Family Income

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%).

Demographics	Rating \| Rank	Median Family Income
Immigrants \| Nepal	76.3 /100 \| #154	Good $104,966
Native Hawaiians	75.8 /100 \| #155	Good $104,910
Basques	74.4 /100 \| #156	Good $104,760
Moroccans	71.6 /100 \| #157	Good $104,488
Scandinavians	70.8 /100 \| #158	Good $104,410
Swiss	70.7 /100 \| #159	Good $104,396
Scottish	69.5 /100 \| #160	Good $104,288
Icelanders	69.4 /100 \| #161	Good $104,282
Immigrants \| Sierra Leone	66.2 /100 \| #162	Good $103,990
Costa Ricans	66.2 /100 \| #163	Good $103,989
Sierra Leoneans	64.7 /100 \| #164	Good $103,859
Slovaks	63.1 /100 \| #165	Good $103,729
English	62.6 /100 \| #166	Good $103,684
South American Indians	61.9 /100 \| #167	Good $103,624
Immigrants \| Peru	60.8 /100 \| #168	Good $103,534

Demographics Similar to Immigrants from Mexico by Median Family Income

In terms of median family income, the demographic groups most similar to Immigrants from Mexico are Immigrants from Honduras ($83,618, a difference of 0.030%), Seminole ($83,354, a difference of 0.34%), Yakama ($83,932, a difference of 0.35%), Immigrants from Caribbean ($83,319, a difference of 0.38%), and Immigrants from Haiti ($84,018, a difference of 0.45%).

Demographics	Rating \| Rank	Median Family Income
Hondurans	0.0 /100 \| #311	Tragic $85,004
Cubans	0.0 /100 \| #312	Tragic $84,981
Choctaw	0.0 /100 \| #313	Tragic $84,835
Immigrants \| Bahamas	0.0 /100 \| #314	Tragic $84,732
Apache	0.0 /100 \| #315	Tragic $84,451
Immigrants \| Haiti	0.0 /100 \| #316	Tragic $84,018
Yakama	0.0 /100 \| #317	Tragic $83,932
Immigrants \| Mexico	0.0 /100 \| #318	Tragic $83,639
Immigrants \| Honduras	0.0 /100 \| #319	Tragic $83,618
Seminole	0.0 /100 \| #320	Tragic $83,354
Immigrants \| Caribbean	0.0 /100 \| #321	Tragic $83,319
Dominicans	0.0 /100 \| #322	Tragic $82,888
Bahamians	0.0 /100 \| #323	Tragic $82,631
Creek	0.0 /100 \| #324	Tragic $82,560
Sioux	0.0 /100 \| #325	Tragic $82,386