Icelander vs Swedish 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 538,996,314 people shows a moderate negative correlation between the proportion of Swedes and median earnings in the United States with a correlation coefficient (R) of -0.464 and weighted average of $47,851, a difference of 2.0%.

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%), Immigrants from Peru ($47,025, a difference of 0.23%), Alsatian ($47,023, a difference of 0.23%), and Slovak ($47,095, a difference of 0.38%). Similarly, the demographic groups most similar to Swedes are Hungarian ($47,795, a difference of 0.12%), Immigrants from Saudi Arabia ($47,704, a difference of 0.31%), Immigrants from Chile ($47,697, a difference of 0.32%), Immigrants from South Eastern Asia ($47,671, a difference of 0.38%), and Immigrants from Eritrea ($47,657, a difference of 0.41%).