Icelander vs Mongolian Median Family Income

The statistical analysis conducted on geographies consisting of 159,597,543 people shows a poor negative correlation between the proportion of Icelanders and median family income in the United States with a correlation coefficient (R) of -0.141 and weighted average of $104,282. Similarly, the statistical analysis conducted on geographies consisting of 140,257,208 people shows a poor negative correlation between the proportion of Mongolians and median family income in the United States with a correlation coefficient (R) of -0.115 and weighted average of $114,553, a difference of 9.9%.

In terms of median family income, the demographic groups most similar to Icelanders are Scottish ($104,288, a difference of 0.010%), Swiss ($104,396, a difference of 0.11%), Scandinavian ($104,410, a difference of 0.12%), Moroccan ($104,488, a difference of 0.20%), and Immigrants from Sierra Leone ($103,990, a difference of 0.28%).

In terms of median family income, the demographic groups most similar to Mongolians are Immigrants from Belarus ($114,586, a difference of 0.030%), Immigrants from Pakistan ($114,406, a difference of 0.13%), Immigrants from Scotland ($114,392, a difference of 0.14%), Immigrants from Latvia ($114,826, a difference of 0.24%), and Immigrants from Netherlands ($114,987, a difference of 0.38%).