Immigrants from Panama vs Honduran Median Household Income

The statistical analysis conducted on geographies consisting of 221,141,293 people shows a substantial negative correlation between the proportion of Immigrants from Panama and median household income in the United States with a correlation coefficient (R) of -0.510 and weighted average of $80,873. Similarly, the statistical analysis conducted on geographies consisting of 357,531,795 people shows a weak negative correlation between the proportion of Hondurans and median household income in the United States with a correlation coefficient (R) of -0.282 and weighted average of $72,588, a difference of 11.4%.

Median Household Income Correlation Summary

Measurement	Immigrants from Panama	Honduran
Minimum	$35,430	$26,822
Maximum	$130,979	$97,304
Range	$95,549	$70,482
Mean	$71,805	$62,141
Median	$75,655	$61,786
Interquartile 25% (IQ1)	$53,712	$50,302
Interquartile 75% (IQ3)	$82,267	$74,115
Interquartile Range (IQR)	$28,555	$23,813
Standard Deviation (Sample)	$23,036	$15,104
Standard Deviation (Population)	$22,661	$14,997

Similar Demographics by Median Household Income

Demographics Similar to Immigrants from Panama by Median Household Income

In terms of median household income, the demographic groups most similar to Immigrants from Panama are Scotch-Irish ($80,972, a difference of 0.12%), Guyanese ($80,734, a difference of 0.17%), Immigrants from Bangladesh ($80,722, a difference of 0.19%), Malaysian ($81,064, a difference of 0.24%), and Immigrants from El Salvador ($81,213, a difference of 0.42%).

Demographics	Rating \| Rank	Median Household Income
Nigerians	10.3 /100 \| #219	Poor $81,725
Immigrants \| Venezuela	9.0 /100 \| #220	Tragic $81,506
Immigrants \| Ghana	9.0 /100 \| #221	Tragic $81,489
Immigrants \| Nigeria	7.7 /100 \| #222	Tragic $81,236
Immigrants \| El Salvador	7.6 /100 \| #223	Tragic $81,213
Malaysians	7.0 /100 \| #224	Tragic $81,064
Scotch-Irish	6.6 /100 \| #225	Tragic $80,972
Immigrants \| Panama	6.2 /100 \| #226	Tragic $80,873
Guyanese	5.7 /100 \| #227	Tragic $80,734
Immigrants \| Bangladesh	5.7 /100 \| #228	Tragic $80,722
Delaware	5.0 /100 \| #229	Tragic $80,527
Bermudans	4.7 /100 \| #230	Tragic $80,406
Trinidadians and Tobagonians	4.7 /100 \| #231	Tragic $80,402
Immigrants \| Trinidad and Tobago	4.6 /100 \| #232	Tragic $80,373
Immigrants \| Azores	4.5 /100 \| #233	Tragic $80,357

Demographics Similar to Hondurans by Median Household Income

In terms of median household income, the demographic groups most similar to Hondurans are Immigrants from Haiti ($72,599, a difference of 0.020%), Potawatomi ($72,576, a difference of 0.020%), African ($72,650, a difference of 0.090%), Shoshone ($72,660, a difference of 0.10%), and Cherokee ($72,682, a difference of 0.13%).

Demographics	Rating \| Rank	Median Household Income
Paiute	0.0 /100 \| #298	Tragic $72,959
Indonesians	0.0 /100 \| #299	Tragic $72,856
Immigrants \| Dominica	0.0 /100 \| #300	Tragic $72,760
Cherokee	0.0 /100 \| #301	Tragic $72,682
Shoshone	0.0 /100 \| #302	Tragic $72,660
Africans	0.0 /100 \| #303	Tragic $72,650
Immigrants \| Haiti	0.0 /100 \| #304	Tragic $72,599
Hondurans	0.0 /100 \| #305	Tragic $72,588
Potawatomi	0.0 /100 \| #306	Tragic $72,576
Ute	0.0 /100 \| #307	Tragic $72,402
Yakama	0.0 /100 \| #308	Tragic $72,225
Immigrants \| Caribbean	0.0 /100 \| #309	Tragic $71,860
U.S. Virgin Islanders	0.0 /100 \| #310	Tragic $71,853
Immigrants \| Zaire	0.0 /100 \| #311	Tragic $71,801
Immigrants \| Honduras	0.0 /100 \| #312	Tragic $71,452