American vs Icelander Median Male Earnings

The statistical analysis conducted on geographies consisting of 580,042,530 people shows a slight positive correlation between the proportion of Americans and median male earnings in the United States with a correlation coefficient (R) of 0.051 and weighted average of $50,761. Similarly, the statistical analysis conducted on geographies consisting of 159,653,287 people shows a substantial positive correlation between the proportion of Icelanders and median male earnings in the United States with a correlation coefficient (R) of 0.539 and weighted average of $55,415, a difference of 9.2%.

In terms of median male earnings, the demographic groups most similar to Americans are Malaysian ($50,772, a difference of 0.020%), Immigrants from Barbados ($50,795, a difference of 0.070%), West Indian ($50,682, a difference of 0.16%), Immigrants from St. Vincent and the Grenadines ($50,665, a difference of 0.19%), and Pennsylvania German ($50,878, a difference of 0.23%).

In terms of median male earnings, the demographic groups most similar to Icelanders are Immigrants from Ethiopia ($55,434, a difference of 0.030%), Czechoslovakian ($55,382, a difference of 0.060%), Alsatian ($55,380, a difference of 0.060%), Basque ($55,370, a difference of 0.080%), and Belgian ($55,361, a difference of 0.10%).