Icelander vs Immigrants from Somalia 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 92,093,487 people shows a significant negative correlation between the proportion of Immigrants from Somalia and median household income in the United States with a correlation coefficient (R) of -0.611 and weighted average of $74,300, a difference of 15.5%.

Median Household Income Correlation Summary

Measurement	Icelander	Immigrants from Somalia
Minimum	$35,179	$21,288
Maximum	$116,250	$111,048
Range	$81,071	$89,760
Mean	$74,702	$68,739
Median	$76,562	$72,392
Interquartile 25% (IQ1)	$62,204	$59,132
Interquartile 75% (IQ3)	$86,541	$79,747
Interquartile Range (IQR)	$24,337	$20,615
Standard Deviation (Sample)	$17,966	$16,683
Standard Deviation (Population)	$17,740	$16,570

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 Somalia by Median Household Income

In terms of median household income, the demographic groups most similar to Immigrants from Somalia are Iroquois ($74,279, a difference of 0.030%), Immigrants from Central America ($74,217, a difference of 0.11%), Mexican ($74,399, a difference of 0.13%), Fijian ($74,205, a difference of 0.13%), and Bangladeshi ($74,112, a difference of 0.25%).

Demographics	Rating \| Rank	Median Household Income
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
Fijians	0.1 /100 \| #289	Tragic $74,205
Bangladeshis	0.1 /100 \| #290	Tragic $74,112
Hispanics or Latinos	0.1 /100 \| #291	Tragic $73,823
Comanche	0.1 /100 \| #292	Tragic $73,747
Immigrants \| Cabo Verde	0.1 /100 \| #293	Tragic $73,515