Immigrants from Bolivia vs Icelander Median Family Income

The statistical analysis conducted on geographies consisting of 158,713,434 people shows a poor negative correlation between the proportion of Immigrants from Bolivia and median family income in the United States with a correlation coefficient (R) of -0.190 and weighted average of $117,912. Similarly, 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, a difference of 13.1%.

Median Family Income Correlation Summary

Measurement	Immigrants from Bolivia	Icelander
Minimum	$25,703	$56,250
Maximum	$185,567	$165,003
Range	$159,864	$108,753
Mean	$120,434	$93,671
Median	$120,122	$90,899
Interquartile 25% (IQ1)	$101,733	$75,543
Interquartile 75% (IQ3)	$143,542	$106,880
Interquartile Range (IQR)	$41,809	$31,337
Standard Deviation (Sample)	$33,861	$25,058
Standard Deviation (Population)	$33,681	$24,750

Similar Demographics by Median Family Income

Demographics Similar to Immigrants from Bolivia by Median Family Income

In terms of median family income, the demographic groups most similar to Immigrants from Bolivia are Bulgarian ($117,818, a difference of 0.080%), Estonian ($118,013, a difference of 0.090%), Cambodian ($117,780, a difference of 0.11%), Immigrants from Lithuania ($118,053, a difference of 0.12%), and Immigrants from Asia ($118,291, a difference of 0.32%).

Demographics	Rating \| Rank	Median Family Income
Soviet Union	100.0 /100 \| #35	Exceptional $119,262
Israelis	100.0 /100 \| #36	Exceptional $118,577
Australians	100.0 /100 \| #37	Exceptional $118,440
Immigrants \| Turkey	100.0 /100 \| #38	Exceptional $118,325
Immigrants \| Asia	100.0 /100 \| #39	Exceptional $118,291
Immigrants \| Lithuania	100.0 /100 \| #40	Exceptional $118,053
Estonians	100.0 /100 \| #41	Exceptional $118,013
Immigrants \| Bolivia	100.0 /100 \| #42	Exceptional $117,912
Bulgarians	100.0 /100 \| #43	Exceptional $117,818
Cambodians	100.0 /100 \| #44	Exceptional $117,780
Immigrants \| Greece	99.9 /100 \| #45	Exceptional $117,344
Immigrants \| Russia	99.9 /100 \| #46	Exceptional $116,942
Immigrants \| Austria	99.9 /100 \| #47	Exceptional $116,830
Immigrants \| South Africa	99.9 /100 \| #48	Exceptional $116,286
Chinese	99.9 /100 \| #49	Exceptional $116,188

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