Scandinavian vs Icelander Median Household Income
COMPARE
Scandinavian
Icelander
Median Household Income
Median Household Income Comparison
Scandinavians
Icelanders
$86,073
MEDIAN HOUSEHOLD INCOME
65.1/ 100
METRIC RATING
166th/ 347
METRIC RANK
$85,797
MEDIAN HOUSEHOLD INCOME
61.0/ 100
METRIC RATING
168th/ 347
METRIC RANK
Scandinavian vs Icelander Median Household Income Correlation Chart
The statistical analysis conducted on geographies consisting of 472,110,165 people shows a poor positive correlation between the proportion of Scandinavians and median household income in the United States with a correlation coefficient (R) of 0.188 and weighted average of $86,073. 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 0.32%.
Median Household Income Correlation Summary
| Measurement | Scandinavian | Icelander |
| Minimum | $35,625 | $35,179 |
| Maximum | $250,001 | $116,250 |
| Range | $214,376 | $81,071 |
| Mean | $90,420 | $74,702 |
| Median | $84,951 | $76,562 |
| Interquartile 25% (IQ1) | $72,386 | $62,204 |
| Interquartile 75% (IQ3) | $92,885 | $86,541 |
| Interquartile Range (IQR) | $20,499 | $24,337 |
| Standard Deviation (Sample) | $37,436 | $17,966 |
| Standard Deviation (Population) | $37,118 | $17,740 |
Demographics Similar to Scandinavians and Icelanders by Median Household Income
In terms of median household income, the demographic groups most similar to Scandinavians are Norwegian ($86,084, a difference of 0.010%), Irish ($86,145, a difference of 0.080%), Czech ($86,164, a difference of 0.11%), Guamanian/Chamorro ($86,255, a difference of 0.21%), and Immigrants ($85,818, a difference of 0.30%). Similarly, 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 |
| 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 |
| 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 |
| Alsatians | 49.2 /100 | #176 | Average $85,053 |
| Immigrants | Eritrea | 48.8 /100 | #177 | Average $85,025 |