Immigrants from South America vs Icelander Median Family Income

The statistical analysis conducted on geographies consisting of 485,794,963 people shows a mild negative correlation between the proportion of Immigrants from South America and median family income in the United States with a correlation coefficient (R) of -0.325 and weighted average of $100,414. 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 3.8%.

Median Family Income Correlation Summary

Measurement	Immigrants from South America	Icelander
Minimum	$50,833	$56,250
Maximum	$170,845	$165,003
Range	$120,012	$108,753
Mean	$91,529	$93,671
Median	$90,163	$90,899
Interquartile 25% (IQ1)	$77,453	$75,543
Interquartile 75% (IQ3)	$102,677	$106,880
Interquartile Range (IQR)	$25,224	$31,337
Standard Deviation (Sample)	$19,800	$25,058
Standard Deviation (Population)	$19,702	$24,750

Similar Demographics by Median Family Income

Demographics Similar to Immigrants from South America by Median Family Income

In terms of median family income, the demographic groups most similar to Immigrants from South America are Samoan ($100,344, a difference of 0.070%), Immigrants from Cameroon ($100,289, a difference of 0.12%), Immigrants from Africa ($100,256, a difference of 0.16%), Iraqi ($100,658, a difference of 0.24%), and Uruguayan ($100,656, a difference of 0.24%).

Demographics	Rating \| Rank	Median Family Income
Guamanians/Chamorros	30.5 /100 \| #188	Fair $101,061
Immigrants \| Portugal	29.6 /100 \| #189	Fair $100,984
Immigrants \| Immigrants	29.4 /100 \| #190	Fair $100,962
Colombians	27.2 /100 \| #191	Fair $100,750
Immigrants \| Kenya	26.5 /100 \| #192	Fair $100,679
Iraqis	26.3 /100 \| #193	Fair $100,658
Uruguayans	26.3 /100 \| #194	Fair $100,656
Immigrants \| South America	23.9 /100 \| #195	Fair $100,414
Samoans	23.3 /100 \| #196	Fair $100,344
Immigrants \| Cameroon	22.8 /100 \| #197	Fair $100,289
Immigrants \| Africa	22.5 /100 \| #198	Fair $100,256
Yugoslavians	21.3 /100 \| #199	Fair $100,119
Spanish	20.1 /100 \| #200	Fair $99,977
Immigrants \| Thailand	19.0 /100 \| #201	Poor $99,840
Whites/Caucasians	18.7 /100 \| #202	Poor $99,800

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