Panamanian vs Bolivian Median Family Income
COMPARE
Panamanian
Bolivian
Median Family Income
Median Family Income Comparison
Panamanians
Bolivians
$97,683
MEDIAN FAMILY INCOME
7.2/ 100
METRIC RATING
212th/ 347
METRIC RANK
$119,479
MEDIAN FAMILY INCOME
100.0/ 100
METRIC RATING
34th/ 347
METRIC RANK
Panamanian vs Bolivian Median Family Income Correlation Chart
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. Similarly, the statistical analysis conducted on geographies consisting of 184,605,478 people shows no correlation between the proportion of Bolivians and median family income in the United States with a correlation coefficient (R) of -0.042 and weighted average of $119,479, a difference of 22.3%.
Median Family Income Correlation Summary
| Measurement | Panamanian | Bolivian |
| Minimum | $41,845 | $37,679 |
| Maximum | $191,635 | $233,276 |
| Range | $149,790 | $195,597 |
| Mean | $93,845 | $124,569 |
| Median | $93,176 | $120,978 |
| Interquartile 25% (IQ1) | $69,694 | $106,050 |
| Interquartile 75% (IQ3) | $102,381 | $145,603 |
| Interquartile Range (IQR) | $32,687 | $39,553 |
| Standard Deviation (Sample) | $33,147 | $39,306 |
| Standard Deviation (Population) | $32,827 | $39,077 |
Similar Demographics by Median Family Income
Demographics Similar to Panamanians by Median Family Income
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%).
| Demographics | Rating | Rank | Median Family Income |
| Hawaiians | 12.5 /100 | #205 | Poor $98,869 |
| Immigrants | Iraq | 12.1 /100 | #206 | Poor $98,786 |
| Aleuts | 11.6 /100 | #207 | Poor $98,702 |
| Immigrants | Uruguay | 9.2 /100 | #208 | Tragic $98,205 |
| Immigrants | Colombia | 8.7 /100 | #209 | Tragic $98,067 |
| Puget Sound Salish | 8.2 /100 | #210 | Tragic $97,958 |
| Immigrants | Sudan | 7.4 /100 | #211 | Tragic $97,737 |
| Panamanians | 7.2 /100 | #212 | Tragic $97,683 |
| Immigrants | Armenia | 7.0 /100 | #213 | Tragic $97,605 |
| Bermudans | 6.9 /100 | #214 | Tragic $97,577 |
| Nigerians | 6.7 /100 | #215 | Tragic $97,522 |
| Immigrants | Bosnia and Herzegovina | 6.4 /100 | #216 | Tragic $97,432 |
| Japanese | 6.0 /100 | #217 | Tragic $97,288 |
| Immigrants | Cambodia | 5.8 /100 | #218 | Tragic $97,222 |
| Delaware | 5.1 /100 | #219 | Tragic $96,958 |
Demographics Similar to Bolivians by Median Family Income
In terms of median family income, the demographic groups most similar to Bolivians are Soviet Union ($119,262, a difference of 0.18%), Bhutanese ($119,800, a difference of 0.27%), Asian ($119,955, a difference of 0.40%), Immigrants from France ($120,076, a difference of 0.50%), and Immigrants from Sri Lanka ($120,263, a difference of 0.66%).
| Demographics | Rating | Rank | Median Family Income |
| Russians | 100.0 /100 | #27 | Exceptional $120,487 |
| Immigrants | Denmark | 100.0 /100 | #28 | Exceptional $120,445 |
| Latvians | 100.0 /100 | #29 | Exceptional $120,301 |
| Immigrants | Sri Lanka | 100.0 /100 | #30 | Exceptional $120,263 |
| Immigrants | France | 100.0 /100 | #31 | Exceptional $120,076 |
| Asians | 100.0 /100 | #32 | Exceptional $119,955 |
| Bhutanese | 100.0 /100 | #33 | Exceptional $119,800 |
| Bolivians | 100.0 /100 | #34 | Exceptional $119,479 |
| Soviet Union | 100.0 /100 | #35 | Exceptional $119,262 |
| Israelis | 100.0 /100 | #36 | Exceptional $118,577 |
| Australians | 100.0 /100 | #37 | Exceptional $118,440 |
| Immigrants | Turkey | 100.0 /100 | #38 | Exceptional $118,325 |
| Immigrants | Asia | 100.0 /100 | #39 | Exceptional $118,291 |
| Immigrants | Lithuania | 100.0 /100 | #40 | Exceptional $118,053 |
| Estonians | 100.0 /100 | #41 | Exceptional $118,013 |