Icelander Median Earnings
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Icelander
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Median Earnings
Icelander Median Earnings
$46,916
EARNINGS
66.3/ 100
METRIC RATING
163rd/ 347
METRIC RANK
Icelander Median Earnings Correlation Chart
The statistical analysis conducted on geographies consisting of 159,666,599 people shows a substantial positive correlation between the proportion of Icelanders and median earnings in the United States with a correlation coefficient (R) of 0.562 and weighted average of $46,916. On average, for every 1% (one percent) increase in Icelanders within a typical geography, there is an increase of $767 in median earnings.
It is essential to understand that the correlation between the percentage of Icelanders and median earnings 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 earnings within an area, or if Icelanders simply ended up residing in those areas with higher or lower levels of median earnings due to other factors.
Demographics Similar to Icelanders by Median Earnings
In terms of median earnings, the demographic groups most similar to Icelanders are South American Indian ($46,952, a difference of 0.080%), Immigrants from Eastern Africa ($46,969, a difference of 0.11%), Norwegian ($46,865, a difference of 0.11%), Immigrants from Peru ($47,025, a difference of 0.23%), and Alsatian ($47,023, a difference of 0.23%).
| Demographics | Rating | Rank | Median Earnings |
| Irish | 76.6 /100 | #156 | Good $47,276 |
| Czechs | 75.1 /100 | #157 | Good $47,221 |
| Slovaks | 71.7 /100 | #158 | Good $47,095 |
| Immigrants from Peru | 69.6 /100 | #159 | Good $47,025 |
| Alsatians | 69.6 /100 | #160 | Good $47,023 |
| Immigrants from Eastern Africa | 68.0 /100 | #161 | Good $46,969 |
| South American Indians | 67.4 /100 | #162 | Good $46,952 |
| Icelanders | 66.3 /100 | #163 | Good $46,916 |
| Norwegians | 64.7 /100 | #164 | Good $46,865 |
| South Americans | 62.7 /100 | #165 | Good $46,804 |
| Czechoslovakians | 57.8 /100 | #166 | Average $46,658 |
| Costa Ricans | 57.4 /100 | #167 | Average $46,645 |
| Immigrants from Africa | 54.6 /100 | #168 | Average $46,564 |
| Immigrants from South America | 54.0 /100 | #169 | Average $46,548 |
| Immigrants | 51.6 /100 | #170 | Average $46,478 |
Icelander Median Earnings Correlation Summary
| Measurement | Icelander Data | Median Earnings Data |
| Minimum | 0.041% | $19,583 |
| Maximum | 58.3% | $115,625 |
| Range | 58.3% | $96,042 |
| Mean | 11.4% | $48,186 |
| Median | 7.0% | $44,536 |
| Interquartile 25% (IQ1) | 3.0% | $38,407 |
| Interquartile 75% (IQ3) | 14.6% | $50,498 |
| Interquartile Range (IQR) | 11.7% | $12,091 |
| Standard Deviation (Sample) | 13.2% | $17,953 |
| Standard Deviation (Population) | 13.0% | $17,732 |
Correlation Details
| Icelander Percentile | Sample Size | Median Earnings |
[ 0.0% - 0.5% ] 0.041% | 155,078,876 | $46,762 |
[ 0.0% - 0.5% ] 0.41% | 3,279,059 | $47,043 |
[ 0.5% - 1.0% ] 0.74% | 704,751 | $44,536 |
[ 0.5% - 1.0% ] 1.00% | 326,485 | $48,203 |
[ 1.0% - 1.5% ] 1.29% | 103,274 | $54,609 |
[ 1.5% - 2.0% ] 1.59% | 63,244 | $54,565 |
[ 1.5% - 2.0% ] 1.89% | 31,560 | $49,329 |
[ 2.0% - 2.5% ] 2.13% | 23,299 | $41,080 |
[ 2.5% - 3.0% ] 2.51% | 7,699 | $38,648 |
[ 2.5% - 3.0% ] 2.83% | 13,034 | $41,298 |
[ 3.0% - 3.5% ] 3.10% | 6,033 | $47,635 |
[ 3.0% - 3.5% ] 3.30% | 1,911 | $38,166 |
[ 3.5% - 4.0% ] 3.74% | 882 | $43,207 |
[ 3.5% - 4.0% ] 3.98% | 4,620 | $40,154 |
[ 4.0% - 4.5% ] 4.19% | 1,385 | $35,093 |
[ 4.0% - 4.5% ] 4.45% | 2,113 | $42,143 |
[ 4.5% - 5.0% ] 4.84% | 475 | $45,479 |
[ 5.0% - 5.5% ] 5.31% | 508 | $42,278 |
[ 5.5% - 6.0% ] 5.60% | 5,711 | $46,589 |
[ 6.0% - 6.5% ] 6.28% | 2,357 | $29,178 |
[ 6.5% - 7.0% ] 6.95% | 561 | $35,139 |
[ 7.0% - 7.5% ] 7.05% | 227 | $19,583 |
[ 7.5% - 8.0% ] 7.82% | 1,010 | $42,358 |
[ 7.5% - 8.0% ] 7.97% | 251 | $31,875 |
[ 8.5% - 9.0% ] 8.81% | 159 | $36,429 |
[ 9.0% - 9.5% ] 9.26% | 1,360 | $45,523 |
[ 10.0% - 10.5% ] 10.27% | 2,443 | $40,173 |
[ 12.5% - 13.0% ] 12.82% | 195 | $63,500 |
[ 13.0% - 13.5% ] 13.40% | 209 | $32,500 |
[ 13.5% - 14.0% ] 13.89% | 216 | $94,663 |
[ 14.0% - 14.5% ] 14.29% | 35 | $32,917 |
[ 15.0% - 15.5% ] 15.00% | 20 | $91,250 |
[ 15.0% - 15.5% ] 15.49% | 71 | $51,667 |
[ 16.5% - 17.0% ] 16.57% | 175 | $37,243 |
[ 20.5% - 21.0% ] 20.90% | 244 | $58,971 |
[ 22.5% - 23.0% ] 22.80% | 535 | $46,250 |
[ 23.0% - 23.5% ] 23.39% | 218 | $41,429 |
[ 31.0% - 31.5% ] 31.48% | 953 | $70,202 |
[ 40.5% - 41.0% ] 40.91% | 154 | $48,583 |
[ 49.0% - 49.5% ] 49.34% | 227 | $63,750 |
[ 58.0% - 58.5% ] 58.33% | 60 | $115,625 |