Icelander Householder Income Under 25 years

The statistical analysis conducted on geographies consisting of 147,067,762 people shows no correlation between the proportion of Icelanders and household income with householder under the age of 25 in the United States with a correlation coefficient (R) of -0.017 and weighted average of $51,247. On average, for every 1% (one percent) increase in Icelanders within a typical geography, there is a decrease of $192 in household income with householder under the age of 25.

It is essential to understand that the correlation between the percentage of Icelanders and household income with householder under the age of 25 does not imply a direct cause-and-effect relationship. It remains uncertain whether the presence of Icelanders influences an upward or downward trend in the level of household income with householder under the age of 25 within an area, or if Icelanders simply ended up residing in those areas with higher or lower levels of household income with householder under the age of 25 due to other factors.

In terms of householder income under 25 years, the demographic groups most similar to Icelanders are Zimbabwean ($51,259, a difference of 0.020%), Dutch ($51,265, a difference of 0.030%), French ($51,230, a difference of 0.030%), Czechoslovakian ($51,224, a difference of 0.050%), and Immigrants from Belize ($51,223, a difference of 0.050%).