Immigrants from Europe vs Icelander Median Earnings

The statistical analysis conducted on geographies consisting of 547,237,695 people shows a mild negative correlation between the proportion of Immigrants from Europe and median earnings in the United States with a correlation coefficient (R) of -0.316 and weighted average of $52,195. Similarly, 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, a difference of 11.3%.

Median Earnings Correlation Summary

Measurement	Immigrants from Europe	Icelander
Minimum	$9,082	$19,583
Maximum	$86,483	$115,625
Range	$77,401	$96,042
Mean	$51,354	$48,186
Median	$51,399	$44,536
Interquartile 25% (IQ1)	$44,212	$38,407
Interquartile 75% (IQ3)	$60,990	$50,498
Interquartile Range (IQR)	$16,778	$12,091
Standard Deviation (Sample)	$12,967	$17,953
Standard Deviation (Population)	$12,860	$17,732

Similar Demographics by Median Earnings

Demographics Similar to Immigrants from Europe by Median Earnings

In terms of median earnings, the demographic groups most similar to Immigrants from Europe are Australian ($52,294, a difference of 0.19%), Bhutanese ($52,297, a difference of 0.20%), Immigrants from Czechoslovakia ($52,361, a difference of 0.32%), Bolivian ($52,005, a difference of 0.37%), and Immigrants from Malaysia ($52,514, a difference of 0.61%).

Demographics	Rating \| Rank	Median Earnings
Immigrants \| Lithuania	100.0 /100 \| #41	Exceptional $52,769
Maltese	100.0 /100 \| #42	Exceptional $52,526
Immigrants \| Malaysia	100.0 /100 \| #43	Exceptional $52,514
Bulgarians	100.0 /100 \| #44	Exceptional $52,512
Immigrants \| Czechoslovakia	100.0 /100 \| #45	Exceptional $52,361
Bhutanese	100.0 /100 \| #46	Exceptional $52,297
Australians	100.0 /100 \| #47	Exceptional $52,294
Immigrants \| Europe	100.0 /100 \| #48	Exceptional $52,195
Bolivians	100.0 /100 \| #49	Exceptional $52,005
Immigrants \| South Africa	100.0 /100 \| #50	Exceptional $51,850
Immigrants \| Austria	99.9 /100 \| #51	Exceptional $51,826
Estonians	99.9 /100 \| #52	Exceptional $51,772
Immigrants \| Norway	99.9 /100 \| #53	Exceptional $51,758
Immigrants \| Indonesia	99.9 /100 \| #54	Exceptional $51,715
Egyptians	99.9 /100 \| #55	Exceptional $51,701

Demographics Similar to Icelanders by Median Earnings

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%), Norwegian ($46,865, a difference of 0.11%), Immigrants from Peru ($47,025, a difference of 0.23%), and Alsatian ($47,023, a difference of 0.23%).

Demographics	Rating \| Rank	Median Earnings
Irish	76.6 /100 \| #156	Good $47,276
Czechs	75.1 /100 \| #157	Good $47,221
Slovaks	71.7 /100 \| #158	Good $47,095
Immigrants \| Peru	69.6 /100 \| #159	Good $47,025
Alsatians	69.6 /100 \| #160	Good $47,023
Immigrants \| Eastern Africa	68.0 /100 \| #161	Good $46,969
South American Indians	67.4 /100 \| #162	Good $46,952
Icelanders	66.3 /100 \| #163	Good $46,916
Norwegians	64.7 /100 \| #164	Good $46,865
South Americans	62.7 /100 \| #165	Good $46,804
Czechoslovakians	57.8 /100 \| #166	Average $46,658
Costa Ricans	57.4 /100 \| #167	Average $46,645
Immigrants \| Africa	54.6 /100 \| #168	Average $46,564
Immigrants \| South America	54.0 /100 \| #169	Average $46,548
Immigrants \| Immigrants	51.6 /100 \| #170	Average $46,478