Panamanian vs American Median Earnings
COMPARE
Panamanian
American
Median Earnings
Median Earnings Comparison
Panamanians
Americans
$45,593
MEDIAN EARNINGS
23.5/ 100
METRIC RATING
211th/ 347
METRIC RANK
$42,742
MEDIAN EARNINGS
0.6/ 100
METRIC RATING
268th/ 347
METRIC RANK
Panamanian vs American Median Earnings Correlation Chart
The statistical analysis conducted on geographies consisting of 281,227,133 people shows a poor negative correlation between the proportion of Panamanians and median earnings in the United States with a correlation coefficient (R) of -0.196 and weighted average of $45,593. Similarly, the statistical analysis conducted on geographies consisting of 581,345,964 people shows a slight negative correlation between the proportion of Americans and median earnings in the United States with a correlation coefficient (R) of -0.096 and weighted average of $42,742, a difference of 6.7%.
Median Earnings Correlation Summary
| Measurement | Panamanian | American |
| Minimum | $24,420 | $7,598 |
| Maximum | $90,539 | $70,000 |
| Range | $66,119 | $62,402 |
| Mean | $45,745 | $36,993 |
| Median | $43,597 | $35,919 |
| Interquartile 25% (IQ1) | $37,947 | $32,980 |
| Interquartile 75% (IQ3) | $49,738 | $40,815 |
| Interquartile Range (IQR) | $11,791 | $7,835 |
| Standard Deviation (Sample) | $12,464 | $8,064 |
| Standard Deviation (Population) | $12,348 | $8,040 |
Similar Demographics by Median Earnings
Demographics Similar to Panamanians by Median Earnings
In terms of median earnings, the demographic groups most similar to Panamanians are Bermudan ($45,593, a difference of 0.0%), Immigrants from Bosnia and Herzegovina ($45,600, a difference of 0.010%), Immigrants from Thailand ($45,598, a difference of 0.010%), Immigrants from Grenada ($45,596, a difference of 0.010%), and Immigrants from Senegal ($45,611, a difference of 0.040%).
| Demographics | Rating | Rank | Median Earnings |
| Immigrants | Uruguay | 25.9 /100 | #204 | Fair $45,682 |
| Tongans | 25.4 /100 | #205 | Fair $45,665 |
| Immigrants | Ghana | 24.8 /100 | #206 | Fair $45,641 |
| Immigrants | Senegal | 24.0 /100 | #207 | Fair $45,611 |
| Immigrants | Bosnia and Herzegovina | 23.7 /100 | #208 | Fair $45,600 |
| Immigrants | Thailand | 23.7 /100 | #209 | Fair $45,598 |
| Immigrants | Grenada | 23.6 /100 | #210 | Fair $45,596 |
| Panamanians | 23.5 /100 | #211 | Fair $45,593 |
| Bermudans | 23.5 /100 | #212 | Fair $45,593 |
| Immigrants | Colombia | 22.4 /100 | #213 | Fair $45,550 |
| Nigerians | 22.0 /100 | #214 | Fair $45,532 |
| Immigrants | Bangladesh | 22.0 /100 | #215 | Fair $45,532 |
| Guyanese | 20.6 /100 | #216 | Fair $45,470 |
| Tlingit-Haida | 20.5 /100 | #217 | Fair $45,468 |
| Spanish | 19.7 /100 | #218 | Poor $45,432 |
Demographics Similar to Americans by Median Earnings
In terms of median earnings, the demographic groups most similar to Americans are Cree ($42,777, a difference of 0.080%), Belizean ($42,702, a difference of 0.090%), Osage ($42,651, a difference of 0.21%), Pennsylvania German ($42,615, a difference of 0.30%), and Immigrants from Laos ($42,884, a difference of 0.33%).
| Demographics | Rating | Rank | Median Earnings |
| Immigrants | Jamaica | 0.8 /100 | #261 | Tragic $43,026 |
| Nicaraguans | 0.8 /100 | #262 | Tragic $43,026 |
| Inupiat | 0.8 /100 | #263 | Tragic $43,000 |
| Immigrants | Liberia | 0.7 /100 | #264 | Tragic $42,923 |
| Salvadorans | 0.7 /100 | #265 | Tragic $42,912 |
| Immigrants | Laos | 0.7 /100 | #266 | Tragic $42,884 |
| Cree | 0.6 /100 | #267 | Tragic $42,777 |
| Americans | 0.6 /100 | #268 | Tragic $42,742 |
| Belizeans | 0.5 /100 | #269 | Tragic $42,702 |
| Osage | 0.5 /100 | #270 | Tragic $42,651 |
| Pennsylvania Germans | 0.5 /100 | #271 | Tragic $42,615 |
| Iroquois | 0.4 /100 | #272 | Tragic $42,430 |
| Immigrants | Dominica | 0.4 /100 | #273 | Tragic $42,420 |
| Immigrants | El Salvador | 0.4 /100 | #274 | Tragic $42,413 |
| Immigrants | Belize | 0.3 /100 | #275 | Tragic $42,339 |