Russian vs Panamanian Median Household Income

The statistical analysis conducted on geographies consisting of 511,515,990 people shows a weak negative correlation between the proportion of Russians and median household income in the United States with a correlation coefficient (R) of -0.239 and weighted average of $98,008. Similarly, 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, a difference of 19.1%.

In terms of median household income, the demographic groups most similar to Russians are Immigrants from Switzerland ($97,979, a difference of 0.030%), Immigrants from Pakistan ($97,528, a difference of 0.49%), Chinese ($98,496, a difference of 0.50%), Immigrants from Denmark ($98,510, a difference of 0.51%), and Latvian ($97,311, a difference of 0.72%).

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%).