Iceland vs United States of America: Median income per year (after tax)
Iceland
44,381 international-$ in 2021 prices
in 2017
United States of America
44,870 international-$ in 2021 prices
in 2024
Iceland rank
4th
United States of America rank
2nd
Median income per year (after tax) over time
- Iceland
- United States of America
How they compare
United States of America currently reports 44,870 international-$ in 2021 prices against 44,381 international-$ in 2021 prices in Iceland, a difference of 489 international-$ in 2021 prices.
The two have swapped places 3 times across 15 shared years of data; in 2003 it was United States of America ahead.
Iceland ranks 4th and United States of America ranks 2nd of 47 countries.
Across the 2 decades both report, Iceland averaged higher in 1 and United States of America in 1.
Head to head by decade
| Decade | Iceland | United States of America | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 37,714 international-$ in 2021 prices | 37,588 international-$ in 2021 prices | 126.66 international-$ in 2021 prices | Iceland |
| 2010s | 37,092 international-$ in 2021 prices | 37,589 international-$ in 2021 prices | 496.78 international-$ in 2021 prices | United States of America |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher median income per year (after tax), Iceland or United States of America?
- United States of America, at 44,870 international-$ in 2021 prices against 44,381 international-$ in 2021 prices in Iceland as of 2024.
- What is the difference in median income per year (after tax) between Iceland and United States of America?
- 489 international-$ in 2021 prices, with United States of America ahead.
- How many years of comparable data are there for Iceland and United States of America?
- 15 years are reported by both, from 2003 to 2017.
- How do Iceland and United States of America rank globally for median income per year (after tax)?
- Iceland ranks 4th and United States of America ranks 2nd of 47 countries.
- Where does this data come from?
- Luxembourg Income Study (2026) – with minor processing by Our World in Data, published as Median income per year (after tax). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Value of income per year below which 50% of the population live.