Immigrants from Australia vs Panamanian Median Family Income

The statistical analysis conducted on geographies consisting of 227,105,113 people shows a mild negative correlation between the proportion of Immigrants from Australia and median family income in the United States with a correlation coefficient (R) of -0.359 and weighted average of $126,620. Similarly, the statistical analysis conducted on geographies consisting of 281,027,872 people shows a poor negative correlation between the proportion of Panamanians and median family income in the United States with a correlation coefficient (R) of -0.184 and weighted average of $97,683, a difference of 29.6%.

In terms of median family income, the demographic groups most similar to Immigrants from Australia are Cypriot ($127,064, a difference of 0.35%), Immigrants from South Central Asia ($125,956, a difference of 0.53%), Immigrants from Israel ($127,430, a difference of 0.64%), Immigrants from Ireland ($127,584, a difference of 0.76%), and Eastern European ($125,546, a difference of 0.86%).

In terms of median family income, the demographic groups most similar to Panamanians are Immigrants from Sudan ($97,737, a difference of 0.050%), Immigrants from Armenia ($97,605, a difference of 0.080%), Bermudan ($97,577, a difference of 0.11%), Nigerian ($97,522, a difference of 0.17%), and Immigrants from Bosnia and Herzegovina ($97,432, a difference of 0.26%).