Latvian vs Icelander Median Household Income
COMPARE
Latvian
Icelander
Median Household Income
Median Household Income Comparison
Latvians
Icelanders
$97,311
MEDIAN HOUSEHOLD INCOME
100.0/ 100
METRIC RATING
37th/ 347
METRIC RANK
$85,797
MEDIAN HOUSEHOLD INCOME
61.0/ 100
METRIC RATING
168th/ 347
METRIC RANK
Latvian vs Icelander Median Household Income Correlation Chart
The statistical analysis conducted on geographies consisting of 220,635,560 people shows a mild negative correlation between the proportion of Latvians and median household income in the United States with a correlation coefficient (R) of -0.349 and weighted average of $97,311. Similarly, 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, a difference of 13.4%.
Median Household Income Correlation Summary
Measurement | Latvian | Icelander |
Minimum | $36,528 | $35,179 |
Maximum | $187,593 | $116,250 |
Range | $151,065 | $81,071 |
Mean | $95,169 | $74,702 |
Median | $96,299 | $76,562 |
Interquartile 25% (IQ1) | $60,583 | $62,204 |
Interquartile 75% (IQ3) | $122,068 | $86,541 |
Interquartile Range (IQR) | $61,485 | $24,337 |
Standard Deviation (Sample) | $38,310 | $17,966 |
Standard Deviation (Population) | $38,014 | $17,740 |
Similar Demographics by Median Household Income
Demographics Similar to Latvians by Median Household Income
In terms of median household income, the demographic groups most similar to Latvians are Immigrants from Indonesia ($97,297, a difference of 0.010%), Immigrants from Pakistan ($97,528, a difference of 0.22%), Afghan ($97,026, a difference of 0.29%), Maltese ($97,015, a difference of 0.31%), and Immigrants from Turkey ($96,964, a difference of 0.36%).
Demographics | Rating | Rank | Median Household Income |
Immigrants | Northern Europe | 100.0 /100 | #30 | Exceptional $99,813 |
Turks | 100.0 /100 | #31 | Exceptional $99,389 |
Immigrants | Denmark | 100.0 /100 | #32 | Exceptional $98,510 |
Chinese | 100.0 /100 | #33 | Exceptional $98,496 |
Russians | 100.0 /100 | #34 | Exceptional $98,008 |
Immigrants | Switzerland | 100.0 /100 | #35 | Exceptional $97,979 |
Immigrants | Pakistan | 100.0 /100 | #36 | Exceptional $97,528 |
Latvians | 100.0 /100 | #37 | Exceptional $97,311 |
Immigrants | Indonesia | 100.0 /100 | #38 | Exceptional $97,297 |
Afghans | 100.0 /100 | #39 | Exceptional $97,026 |
Maltese | 100.0 /100 | #40 | Exceptional $97,015 |
Immigrants | Turkey | 100.0 /100 | #41 | Exceptional $96,964 |
Immigrants | Lithuania | 99.9 /100 | #42 | Exceptional $96,836 |
Immigrants | France | 99.9 /100 | #43 | Exceptional $96,743 |
Immigrants | Greece | 99.9 /100 | #44 | Exceptional $96,675 |
Demographics Similar to Icelanders 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%), Immigrants from South America ($85,611, a difference of 0.22%), and Slovene ($85,562, a difference of 0.27%).
Demographics | Rating | Rank | Median Household Income |
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 |
Immigrants | South America | 58.1 /100 | #171 | Average $85,611 |
Slovenes | 57.4 /100 | #172 | Average $85,562 |
Immigrants | Cameroon | 53.4 /100 | #173 | Average $85,314 |
Scottish | 50.0 /100 | #174 | Average $85,101 |
Immigrants | Costa Rica | 49.2 /100 | #175 | Average $85,054 |