Icelander Wage/Income Gap
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Icelander
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Wage/Income Gap
Icelander Wage/Income Gap
27.5%
WAGE/INCOME GAP
1.8/ 100
METRIC RATING
259th/ 347
METRIC RANK
Icelander Wage/Income Gap Correlation Chart
The statistical analysis conducted on geographies consisting of 159,627,714 people shows a moderate positive correlation between the proportion of Icelanders and wage/income gap percentage in the United States with a correlation coefficient (R) of 0.415 and weighted average of 27.5%. On average, for every 1% (one percent) increase in Icelanders within a typical geography, there is an increase of 0.47% in wage/income gap percentage.
It is essential to understand that the correlation between the percentage of Icelanders and wage/income gap percentage 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 wage/income gap percentage within an area, or if Icelanders simply ended up residing in those areas with higher or lower levels of wage/income gap percentage due to other factors.
Demographics Similar to Icelanders by Wage/Income Gap
In terms of wage/income gap, the demographic groups most similar to Icelanders are Tongan (27.5%, a difference of 0.020%), Slavic (27.4%, a difference of 0.080%), Luxembourger (27.4%, a difference of 0.11%), Cherokee (27.4%, a difference of 0.16%), and Israeli (27.4%, a difference of 0.27%).
| Demographics | Rating | Rank | Wage/Income Gap |
| Ukrainians | 2.4 /100 | #252 | Tragic 27.3% |
| Portuguese | 2.2 /100 | #253 | Tragic 27.4% |
| Israelis | 2.1 /100 | #254 | Tragic 27.4% |
| Immigrants from France | 2.1 /100 | #255 | Tragic 27.4% |
| Cherokee | 1.9 /100 | #256 | Tragic 27.4% |
| Luxembourgers | 1.9 /100 | #257 | Tragic 27.4% |
| Slavs | 1.8 /100 | #258 | Tragic 27.4% |
| Icelanders | 1.8 /100 | #259 | Tragic 27.5% |
| Tongans | 1.7 /100 | #260 | Tragic 27.5% |
| Immigrants from Germany | 1.5 /100 | #261 | Tragic 27.5% |
| Immigrants from Lebanon | 1.5 /100 | #262 | Tragic 27.5% |
| Syrians | 1.4 /100 | #263 | Tragic 27.6% |
| Immigrants from Switzerland | 1.0 /100 | #264 | Tragic 27.7% |
| Serbians | 1.0 /100 | #265 | Tragic 27.7% |
| Hmong | 1.0 /100 | #266 | Tragic 27.7% |
Icelander Wage/Income Gap Correlation Summary
| Measurement | Icelander Data | Wage/Income Gap Data |
| Minimum | 0.041% | 13.8% |
| Maximum | 58.3% | 63.4% |
| Range | 58.3% | 49.6% |
| Mean | 8.2% | 38.2% |
| Median | 4.6% | 35.8% |
| Interquartile 25% (IQ1) | 2.3% | 31.7% |
| Interquartile 75% (IQ3) | 11.5% | 44.1% |
| Interquartile Range (IQR) | 9.2% | 12.4% |
| Standard Deviation (Sample) | 10.8% | 12.2% |
| Standard Deviation (Population) | 10.6% | 12.0% |
Correlation Details
| Icelander Percentile | Sample Size | Wage/Income Gap |
[ 0.0% - 0.5% ] 0.041% | 155,076,452 | 24.9% |
[ 0.0% - 0.5% ] 0.41% | 3,264,699 | 32.4% |
[ 0.5% - 1.0% ] 0.74% | 700,882 | 32.3% |
[ 0.5% - 1.0% ] 0.99% | 320,343 | 35.4% |
[ 1.0% - 1.5% ] 1.29% | 99,799 | 41.0% |
[ 1.5% - 2.0% ] 1.59% | 62,583 | 35.4% |
[ 1.5% - 2.0% ] 1.88% | 30,295 | 21.3% |
[ 2.0% - 2.5% ] 2.13% | 23,069 | 36.2% |
[ 2.5% - 3.0% ] 2.51% | 7,502 | 43.1% |
[ 2.5% - 3.0% ] 2.84% | 12,471 | 36.7% |
[ 3.0% - 3.5% ] 3.10% | 5,896 | 23.4% |
[ 3.0% - 3.5% ] 3.30% | 1,544 | 34.9% |
[ 3.5% - 4.0% ] 3.74% | 882 | 35.4% |
[ 3.5% - 4.0% ] 3.99% | 4,412 | 29.4% |
[ 4.0% - 4.5% ] 4.18% | 1,197 | 39.2% |
[ 4.0% - 4.5% ] 4.45% | 2,113 | 21.9% |
[ 4.5% - 5.0% ] 4.84% | 475 | 31.1% |
[ 5.0% - 5.5% ] 5.32% | 470 | 46.8% |
[ 5.5% - 6.0% ] 5.60% | 5,361 | 44.1% |
[ 6.0% - 6.5% ] 6.30% | 1,270 | 23.9% |
[ 7.5% - 8.0% ] 7.72% | 272 | 61.1% |
[ 7.5% - 8.0% ] 7.97% | 251 | 63.4% |
[ 9.0% - 9.5% ] 9.26% | 1,360 | 39.7% |
[ 10.0% - 10.5% ] 10.27% | 2,443 | 35.3% |
[ 12.5% - 13.0% ] 12.82% | 195 | 44.0% |
[ 13.0% - 13.5% ] 13.40% | 209 | 59.6% |
[ 13.5% - 14.0% ] 13.89% | 216 | 33.5% |
[ 14.0% - 14.5% ] 14.29% | 35 | 13.8% |
[ 15.0% - 15.5% ] 15.49% | 71 | 45.1% |
[ 17.5% - 18.0% ] 17.61% | 352 | 58.0% |
[ 22.5% - 23.0% ] 22.80% | 535 | 44.1% |
[ 58.0% - 58.5% ] 58.33% | 60 | 56.2% |