Panamanian vs German Median Earnings
COMPARE
Panamanian
German
Median Earnings
Median Earnings Comparison
Panamanians
Germans
$45,593
MEDIAN EARNINGS
23.5/ 100
METRIC RATING
211th/ 347
METRIC RANK
$45,935
MEDIAN EARNINGS
33.2/ 100
METRIC RATING
192nd/ 347
METRIC RANK
Panamanian vs German 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 580,480,068 people shows a slight positive correlation between the proportion of Germans and median earnings in the United States with a correlation coefficient (R) of 0.053 and weighted average of $45,935, a difference of 0.75%.
Median Earnings Correlation Summary
Measurement | Panamanian | German |
Minimum | $24,420 | $23,082 |
Maximum | $90,539 | $67,100 |
Range | $66,119 | $44,018 |
Mean | $45,745 | $44,861 |
Median | $43,597 | $44,941 |
Interquartile 25% (IQ1) | $37,947 | $43,214 |
Interquartile 75% (IQ3) | $49,738 | $46,790 |
Interquartile Range (IQR) | $11,791 | $3,576 |
Standard Deviation (Sample) | $12,464 | $5,408 |
Standard Deviation (Population) | $12,348 | $5,393 |
Demographics Similar to Panamanians and Germans by Median Earnings
In terms of median earnings, the demographic groups most similar to Panamanians are 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%), Immigrants from Senegal ($45,611, a difference of 0.040%), and Immigrants from Ghana ($45,641, a difference of 0.11%). Similarly, the demographic groups most similar to Germans are Guamanian/Chamorro ($45,933, a difference of 0.0%), Finnish ($45,940, a difference of 0.010%), Immigrants from Costa Rica ($45,928, a difference of 0.020%), Immigrants from St. Vincent and the Grenadines ($45,908, a difference of 0.060%), and Yugoslavian ($45,846, a difference of 0.19%).
Demographics | Rating | Rank | Median Earnings |
Finns | 33.4 /100 | #191 | Fair $45,940 |
Germans | 33.2 /100 | #192 | Fair $45,935 |
Guamanians/Chamorros | 33.2 /100 | #193 | Fair $45,933 |
Immigrants | Costa Rica | 33.0 /100 | #194 | Fair $45,928 |
Immigrants | St. Vincent and the Grenadines | 32.4 /100 | #195 | Fair $45,908 |
Yugoslavians | 30.5 /100 | #196 | Fair $45,846 |
Barbadians | 30.5 /100 | #197 | Fair $45,846 |
Trinidadians and Tobagonians | 29.7 /100 | #198 | Fair $45,820 |
Immigrants | Barbados | 29.6 /100 | #199 | Fair $45,816 |
Immigrants | Azores | 29.5 /100 | #200 | Fair $45,812 |
Celtics | 27.2 /100 | #201 | Fair $45,732 |
Immigrants | Trinidad and Tobago | 27.1 /100 | #202 | Fair $45,729 |
Welsh | 26.6 /100 | #203 | Fair $45,710 |
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 |