Icelander vs Immigrants from Oceania 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 305,340,910 people shows a moderate negative correlation between the proportion of Immigrants from Oceania and median household income in the United States with a correlation coefficient (R) of -0.477 and weighted average of $89,100, a difference of 3.8%.

Median Household Income Correlation Summary

Measurement	Icelander	Immigrants from Oceania
Minimum	$35,179	$26,558
Maximum	$116,250	$109,241
Range	$81,071	$82,683
Mean	$74,702	$77,019
Median	$76,562	$80,011
Interquartile 25% (IQ1)	$62,204	$63,155
Interquartile 75% (IQ3)	$86,541	$93,329
Interquartile Range (IQR)	$24,337	$30,174
Standard Deviation (Sample)	$17,966	$20,295
Standard Deviation (Population)	$17,740	$19,975

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 Oceania by Median Household Income

In terms of median household income, the demographic groups most similar to Immigrants from Oceania are Immigrants from Peru ($89,010, a difference of 0.10%), Portuguese ($88,976, a difference of 0.14%), Immigrants from Kuwait ($89,263, a difference of 0.18%), Brazilian ($88,934, a difference of 0.19%), and British ($88,914, a difference of 0.21%).

Demographics	Rating \| Rank	Median Household Income
Albanians	95.2 /100 \| #119	Exceptional $89,744
Immigrants \| North Macedonia	95.2 /100 \| #120	Exceptional $89,741
Ethiopians	94.9 /100 \| #121	Exceptional $89,640
Pakistanis	94.8 /100 \| #122	Exceptional $89,638
Immigrants \| Zimbabwe	94.4 /100 \| #123	Exceptional $89,496
Immigrants \| Jordan	94.1 /100 \| #124	Exceptional $89,412
Immigrants \| Kuwait	93.5 /100 \| #125	Exceptional $89,263
Immigrants \| Oceania	92.9 /100 \| #126	Exceptional $89,100
Immigrants \| Peru	92.5 /100 \| #127	Exceptional $89,010
Portuguese	92.3 /100 \| #128	Exceptional $88,976
Brazilians	92.1 /100 \| #129	Exceptional $88,934
British	92.0 /100 \| #130	Exceptional $88,914
Immigrants \| Syria	91.4 /100 \| #131	Exceptional $88,792
Europeans	91.2 /100 \| #132	Exceptional $88,751
Immigrants \| Ethiopia	90.9 /100 \| #133	Exceptional $88,687