Panamanian vs Immigrants Median Household Income

The statistical analysis conducted on geographies consisting of 281,034,556 people shows a mild negative correlation between the proportion of Panamanians and median household income in the United States with a correlation coefficient (R) of -0.398 and weighted average of $82,272. Similarly, the statistical analysis conducted on geographies consisting of 575,988,831 people shows a mild negative correlation between the proportion of Immigrants and median household income in the United States with a correlation coefficient (R) of -0.388 and weighted average of $85,818, a difference of 4.3%.

Median Household Income Correlation Summary

Measurement	Panamanian	Immigrants
Minimum	$20,556	$26,558
Maximum	$178,834	$111,218
Range	$158,278	$84,660
Mean	$72,362	$80,268
Median	$68,346	$83,546
Interquartile 25% (IQ1)	$51,530	$71,664
Interquartile 75% (IQ3)	$83,972	$90,776
Interquartile Range (IQR)	$32,442	$19,112
Standard Deviation (Sample)	$29,634	$15,311
Standard Deviation (Population)	$29,377	$15,259

Similar Demographics by Median Household Income

Demographics Similar to Panamanians by Median Household Income

In terms of median household income, the demographic groups most similar to Panamanians are Vietnamese ($82,248, a difference of 0.030%), Yugoslavian ($82,186, a difference of 0.10%), Nepalese ($82,410, a difference of 0.17%), Venezuelan ($82,432, a difference of 0.20%), and Salvadoran ($82,449, a difference of 0.22%).

Demographics	Rating \| Rank	Median Household Income
Dutch	20.3 /100 \| #207	Fair $82,971
French Canadians	18.7 /100 \| #208	Poor $82,810
Immigrants \| Iraq	16.7 /100 \| #209	Poor $82,594
Immigrants \| Uruguay	16.4 /100 \| #210	Poor $82,560
Salvadorans	15.4 /100 \| #211	Poor $82,449
Venezuelans	15.3 /100 \| #212	Poor $82,432
Nepalese	15.1 /100 \| #213	Poor $82,410
Panamanians	14.0 /100 \| #214	Poor $82,272
Vietnamese	13.8 /100 \| #215	Poor $82,248
Yugoslavians	13.3 /100 \| #216	Poor $82,186
Ecuadorians	12.5 /100 \| #217	Poor $82,070
Whites/Caucasians	12.2 /100 \| #218	Poor $82,029
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

Demographics Similar to Immigrants by Median Household Income

In terms of median household income, the demographic groups most similar to Immigrants are Icelander ($85,797, a difference of 0.020%), Colombian ($85,716, a difference of 0.12%), Swiss ($85,681, a difference of 0.16%), Immigrants from South America ($85,611, a difference of 0.24%), and Scandinavian ($86,073, a difference of 0.30%).

Demographics	Rating \| Rank	Median Household Income
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