Icelander vs South American Median Household Income
COMPARE
Icelander
South American
Median Household Income
Median Household Income Comparison
Icelanders
South Americans
$85,797
MEDIAN HOUSEHOLD INCOME
61.0/ 100
METRIC RATING
168th/ 347
METRIC RANK
$86,824
MEDIAN HOUSEHOLD INCOME
75.1/ 100
METRIC RATING
153rd/ 347
METRIC RANK
Icelander vs South American 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. Similarly, the statistical analysis conducted on geographies consisting of 493,431,068 people shows a poor negative correlation between the proportion of South Americans and median household income in the United States with a correlation coefficient (R) of -0.188 and weighted average of $86,824, a difference of 1.2%.
Median Household Income Correlation Summary
Measurement | Icelander | South American |
Minimum | $35,179 | $36,563 |
Maximum | $116,250 | $145,121 |
Range | $81,071 | $108,558 |
Mean | $74,702 | $82,451 |
Median | $76,562 | $80,811 |
Interquartile 25% (IQ1) | $62,204 | $71,448 |
Interquartile 75% (IQ3) | $86,541 | $92,775 |
Interquartile Range (IQR) | $24,337 | $21,327 |
Standard Deviation (Sample) | $17,966 | $17,445 |
Standard Deviation (Population) | $17,740 | $17,367 |
Demographics Similar to Icelanders and South Americans 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%), Scandinavian ($86,073, a difference of 0.32%), and Norwegian ($86,084, a difference of 0.33%). Similarly, the demographic groups most similar to South Americans are Immigrants from Saudi Arabia ($86,875, a difference of 0.060%), Immigrants from Germany ($86,764, a difference of 0.070%), Hungarian ($86,920, a difference of 0.11%), Basque ($87,001, a difference of 0.20%), and Carpatho Rusyn ($86,635, a difference of 0.22%).
Demographics | Rating | Rank | Median Household Income |
Basques | 77.2 /100 | #150 | Good $87,001 |
Hungarians | 76.3 /100 | #151 | Good $86,920 |
Immigrants | Saudi Arabia | 75.8 /100 | #152 | Good $86,875 |
South Americans | 75.1 /100 | #153 | Good $86,824 |
Immigrants | Germany | 74.4 /100 | #154 | Good $86,764 |
Carpatho Rusyns | 72.8 /100 | #155 | Good $86,635 |
Immigrants | Albania | 71.5 /100 | #156 | Good $86,534 |
Samoans | 71.0 /100 | #157 | Good $86,498 |
Moroccans | 70.6 /100 | #158 | Good $86,468 |
Immigrants | Uzbekistan | 70.1 /100 | #159 | Good $86,425 |
Luxembourgers | 70.0 /100 | #160 | Good $86,418 |
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 | 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 |