Icelander Median Household Income

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AfghanAfricanAlaska NativeAlaskan AthabascanAlbanianAleutAlsatianAmericanApacheArabArapahoArgentineanArmenianAssyrian/Chaldean/SyriacAustralianAustrianBahamianBangladeshiBarbadianBasqueBelgianBelizeanBermudanBhutaneseBlackfeetBolivianBrazilianBritishBritish West IndianBulgarianBurmeseCajunCambodianCanadianCape VerdeanCarpatho RusynCelticCentral AmericanCentral American IndianCherokeeCheyenneChickasawChileanChineseChippewaChoctawColombianColvilleComancheCosta RicanCreeCreekCroatianCrowCubanCypriotCzechCzechoslovakianDanishDelawareDominicanDutchDutch West IndianEastern EuropeanEcuadorianEgyptianEnglishEstonianEthiopianEuropeanFijianFilipinoFinnishFrenchFrench American IndianFrench CanadianGermanGerman RussianGhanaianGreekGuamanian/ChamorroGuatemalanGuyaneseHaitianHmongHonduranHopiHoumaHungarianIcelanderIndian (Asian)IndonesianInupiatIranianIraqiIrishIroquoisIsraeliItalianJamaicanJapaneseJordanianKenyanKiowaKoreanLaotianLatvianLebaneseLiberianLithuanianLumbeeLuxembourgerMacedonianMalaysianMalteseMarshalleseMenomineeMexicanMexican American IndianMongolianMoroccanNative HawaiianNavajoNepaleseNew ZealanderNicaraguanNigerianNorthern EuropeanNorwegianOkinawanOsageOttawaPaiutePakistaniPalestinianPanamanianParaguayanPennsylvania GermanPeruvianPimaPolishPortuguesePotawatomiPuebloPuerto RicanPuget Sound SalishRomanianRussianSalvadoranSamoanScandinavianScotch-IrishScottishSeminoleSenegaleseSerbianShoshoneSierra LeoneanSiouxSlavicSlovakSloveneSomaliSouth AfricanSouth AmericanSouth American IndianSoviet UnionSpaniardSpanishSpanish AmericanSpanish American IndianSri LankanSubsaharan AfricanSudaneseSwedishSwissSyrianTaiwaneseThaiTlingit-HaidaTohono O'OdhamTonganTrinidadian and TobagonianTsimshianTurkishU.S. Virgin IslanderUgandanUkrainianUruguayanUteVenezuelanVietnameseWelshWest IndianYakamaYaquiYugoslavianYumanYup'ikZimbabwean
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AfghanAfricanAlaska NativeAlaskan AthabascanAlbanianAleutAlsatianAmericanApacheArabArapahoArgentineanArmenianAssyrian/Chaldean/SyriacAustralianAustrianBahamianBangladeshiBarbadianBasqueBelgianBelizeanBermudanBhutaneseBlackfeetBolivianBrazilianBritishBritish West IndianBulgarianBurmeseCajunCambodianCanadianCape VerdeanCarpatho RusynCelticCentral AmericanCentral American IndianCherokeeCheyenneChickasawChileanChineseChippewaChoctawColombianColvilleComancheCosta RicanCreeCreekCroatianCrowCubanCypriotCzechCzechoslovakianDanishDelawareDominicanDutchDutch West IndianEastern EuropeanEcuadorianEgyptianEnglishEstonianEthiopianEuropeanFijianFilipinoFinnishFrenchFrench American IndianFrench CanadianGermanGerman RussianGhanaianGreekGuamanian/ChamorroGuatemalanGuyaneseHaitianHmongHonduranHopiHoumaHungarianIndian (Asian)IndonesianInupiatIranianIraqiIrishIroquoisIsraeliItalianJamaicanJapaneseJordanianKenyanKiowaKoreanLaotianLatvianLebaneseLiberianLithuanianLumbeeLuxembourgerMacedonianMalaysianMalteseMarshalleseMenomineeMexicanMexican American IndianMongolianMoroccanNative HawaiianNavajoNepaleseNew ZealanderNicaraguanNigerianNorthern EuropeanNorwegianOkinawanOsageOttawaPaiutePakistaniPalestinianPanamanianParaguayanPennsylvania GermanPeruvianPimaPolishPortuguesePotawatomiPuebloPuerto RicanPuget Sound SalishRomanianRussianSalvadoranSamoanScandinavianScotch-IrishScottishSeminoleSenegaleseSerbianShoshoneSierra LeoneanSiouxSlavicSlovakSloveneSomaliSouth AfricanSouth AmericanSouth American IndianSoviet UnionSpaniardSpanishSpanish AmericanSpanish American IndianSri LankanSubsaharan AfricanSudaneseSwedishSwissSyrianTaiwaneseThaiTlingit-HaidaTohono O'OdhamTonganTrinidadian and TobagonianTsimshianTurkishU.S. Virgin IslanderUgandanUkrainianUruguayanUteVenezuelanVietnameseWelshWest IndianYakamaYaquiYugoslavianYumanYup'ikZimbabwean
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NonimmigrantsImmigrantsAfghanistanAfricaAlbaniaArgentinaArmeniaAsiaAustraliaAustriaBahamasBangladeshBarbadosBelarusBelgiumBelizeBoliviaBosnia and HerzegovinaBrazilBulgariaBurma/MyanmarCabo VerdeCambodiaCameroonCanadaCaribbeanCentral AmericaChileChinaColombiaCongoCosta RicaCroatiaCubaCzechoslovakiaDenmarkDominicaDominican RepublicEastern AfricaEastern AsiaEastern EuropeEcuadorEgyptEl SalvadorEnglandEritreaEthiopiaEuropeFijiFranceGermanyGhanaGreeceGrenadaGuatemalaGuyanaHaitiHondurasHong KongHungaryIndiaIndonesiaIranIraqIrelandIsraelItalyJamaicaJapanJordanKazakhstanKenyaKoreaKuwaitLaosLatin AmericaLatviaLebanonLiberiaLithuaniaMalaysiaMexicoMicronesiaMiddle AfricaMoldovaMoroccoNepalNetherlandsNicaraguaNigeriaNorth AmericaNorth MacedoniaNorthern AfricaNorthern EuropeNorwayOceaniaPakistanPanamaPeruPhilippinesPolandPortugalRomaniaRussiaSaudi ArabiaScotlandSenegalSerbiaSierra LeoneSingaporeSomaliaSouth AfricaSouth AmericaSouth Central AsiaSouth Eastern AsiaSouthern EuropeSpainSri LankaSt. Vincent and the GrenadinesSudanSwedenSwitzerlandSyriaTaiwanThailandTrinidad and TobagoTurkeyUgandaUkraineUruguayUzbekistanVenezuelaVietnamWest IndiesWestern AfricaWestern AsiaWestern EuropeYemenZaireZimbabweAzores
Median Household Income
Income
Poverty
Unemployment
Labor Participation
Family Structure
Vehicle Availability
Education Level
Disability

Icelander Median Household Income
Good

$85,797
HOUSEHOLD INCOME
61.0/ 100
METRIC RATING
168th/ 347
METRIC RANK

Icelander Median Household Income Correlation Chart

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. On average, for every 1% (one percent) increase in Icelanders within a typical geography, there is an increase of $20 in median household income.
Icelander Median Household Income
It is essential to understand that the correlation between the percentage of Icelanders and median household income 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 median household income within an area, or if Icelanders simply ended up residing in those areas with higher or lower levels of median household income due to other factors.

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%).
DemographicsRating | RankMedian 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
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 from South America
58.1
/100
|
#171
Average
$85,611
Slovenes
57.4
/100
|
#172
Average
$85,562
Immigrants from Cameroon
53.4
/100
|
#173
Average
$85,314
Scottish
50.0
/100
|
#174
Average
$85,101
Immigrants from Costa Rica
49.2
/100
|
#175
Average
$85,054

Icelander Median Household Income Correlation Summary

MeasurementIcelander DataMedian Household Income Data
Minimum0.041%$35,179
Maximum58.3%$116,250
Range58.3%$81,071
Mean11.3%$74,702
Median5.9%$76,562
Interquartile 25% (IQ1)3.0%$62,204
Interquartile 75% (IQ3)14.9%$86,541
Interquartile Range (IQR)11.9%$24,337
Standard Deviation (Sample)13.4%$17,966
Standard Deviation (Population)13.2%$17,740

Correlation Details

Icelander PercentileSample SizeMedian Household Income
[
0.0%
-
0.5%
]
0.041%
155,025,882$84,531
[
0.0%
-
0.5%
]
0.41%
3,266,940$90,314
[
0.5%
-
1.0%
]
0.74%
704,094$87,300
[
0.5%
-
1.0%
]
1.00%
326,326$90,771
[
1.0%
-
1.5%
]
1.29%
103,278$103,765
[
1.5%
-
2.0%
]
1.59%
63,747$104,925
[
1.5%
-
2.0%
]
1.89%
31,507$96,045
[
2.0%
-
2.5%
]
2.13%
23,390$68,606
[
2.5%
-
3.0%
]
2.51%
7,699$69,059
[
2.5%
-
3.0%
]
2.83%
13,034$74,591
[
3.0%
-
3.5%
]
3.10%
5,937$64,350
[
3.0%
-
3.5%
]
3.27%
1,528$93,260
[
3.5%
-
4.0%
]
3.74%
882$63,185
[
3.5%
-
4.0%
]
3.98%
4,620$86,093
[
4.0%
-
4.5%
]
4.18%
1,482$51,902
[
4.0%
-
4.5%
]
4.45%
2,113$51,171
[
4.5%
-
5.0%
]
4.84%
475$79,734
[
5.0%
-
5.5%
]
5.06%
158$56,842
[
5.0%
-
5.5%
]
5.33%
582$83,432
[
5.5%
-
6.0%
]
5.60%
5,361$70,053
[
6.0%
-
6.5%
]
6.28%
2,357$77,151
[
6.5%
-
7.0%
]
6.95%
561$82,639
[
7.0%
-
7.5%
]
7.05%
227$62,875
[
7.5%
-
8.0%
]
7.72%
272$58,004
[
7.5%
-
8.0%
]
7.97%
251$58,594
[
9.0%
-
9.5%
]
9.26%
1,360$55,387
[
10.0%
-
10.5%
]
10.27%
2,443$61,550
[
12.5%
-
13.0%
]
12.82%
195$54,167
[
13.0%
-
13.5%
]
13.40%
209$42,500
[
14.0%
-
14.5%
]
14.29%
35$64,688
[
15.0%
-
15.5%
]
15.49%
71$116,250
[
16.5%
-
17.0%
]
16.57%
175$81,207
[
17.5%
-
18.0%
]
17.61%
352$86,989
[
20.5%
-
21.0%
]
20.90%
244$35,179
[
22.5%
-
23.0%
]
22.80%
535$80,000
[
23.0%
-
23.5%
]
23.39%
218$76,875
[
31.0%
-
31.5%
]
31.48%
953$83,125
[
40.5%
-
41.0%
]
40.91%
154$76,250
[
49.0%
-
49.5%
]
49.34%
227$62,857
[
58.0%
-
58.5%
]
58.33%
60$101,875