Panamanian vs Asian 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 549,980,753 people shows a moderate positive correlation between the proportion of Asians and median household income in the United States with a correlation coefficient (R) of 0.475 and weighted average of $101,681, a difference of 23.6%.

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%).

In terms of median household income, the demographic groups most similar to Asians are Eastern European ($101,781, a difference of 0.10%), Immigrants from Bolivia ($101,394, a difference of 0.28%), Bolivian ($102,195, a difference of 0.50%), Immigrants from Australia ($102,562, a difference of 0.87%), and Immigrants from Japan ($100,711, a difference of 0.96%).