Icelander Median Household Income
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Median Household Income
Icelander Median Household Income
$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.
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%).
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 | 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
Measurement | Icelander Data | Median Household Income Data |
Minimum | 0.041% | $35,179 |
Maximum | 58.3% | $116,250 |
Range | 58.3% | $81,071 |
Mean | 11.3% | $74,702 |
Median | 5.9% | $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 Percentile | Sample Size | Median 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 |