Immigrants from Mexico vs Icelander Median Household Income

The statistical analysis conducted on geographies consisting of 513,131,801 people shows a very strong negative correlation between the proportion of Immigrants from Mexico and median household income in the United States with a correlation coefficient (R) of -0.859 and weighted average of $73,160. Similarly, 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, a difference of 17.3%.

Median Household Income Correlation Summary

Measurement	Immigrants from Mexico	Icelander
Minimum	$11,125	$35,179
Maximum	$84,609	$116,250
Range	$73,484	$81,071
Mean	$59,423	$74,702
Median	$61,801	$76,562
Interquartile 25% (IQ1)	$48,735	$62,204
Interquartile 75% (IQ3)	$71,471	$86,541
Interquartile Range (IQR)	$22,736	$24,337
Standard Deviation (Sample)	$16,352	$17,966
Standard Deviation (Population)	$16,282	$17,740

Similar Demographics by Median Household Income

Demographics Similar to Immigrants from Mexico by Median Household Income

In terms of median household income, the demographic groups most similar to Immigrants from Mexico are Haitian ($73,306, a difference of 0.20%), Paiute ($72,959, a difference of 0.27%), Cuban ($73,392, a difference of 0.32%), Indonesian ($72,856, a difference of 0.42%), and Blackfeet ($73,509, a difference of 0.48%).

Demographics	Rating \| Rank	Median Household Income
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
Blackfeet	0.1 /100 \| #294	Tragic $73,509
Cubans	0.1 /100 \| #295	Tragic $73,392
Haitians	0.1 /100 \| #296	Tragic $73,306
Immigrants \| Mexico	0.0 /100 \| #297	Tragic $73,160
Paiute	0.0 /100 \| #298	Tragic $72,959
Indonesians	0.0 /100 \| #299	Tragic $72,856
Immigrants \| Dominica	0.0 /100 \| #300	Tragic $72,760
Cherokee	0.0 /100 \| #301	Tragic $72,682
Shoshone	0.0 /100 \| #302	Tragic $72,660
Africans	0.0 /100 \| #303	Tragic $72,650
Immigrants \| Haiti	0.0 /100 \| #304	Tragic $72,599

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