Panamanian vs Immigrants from Armenia Median Earnings

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 97,724,966 people shows a weak negative correlation between the proportion of Immigrants from Armenia and median earnings in the United States with a correlation coefficient (R) of -0.279 and weighted average of $46,094, a difference of 1.1%.

Median Earnings Correlation Summary

Measurement	Panamanian	Immigrants from Armenia
Minimum	$24,420	$28,479
Maximum	$90,539	$67,833
Range	$66,119	$39,354
Mean	$45,745	$47,758
Median	$43,597	$48,131
Interquartile 25% (IQ1)	$37,947	$40,972
Interquartile 75% (IQ3)	$49,738	$53,018
Interquartile Range (IQR)	$11,791	$12,046
Standard Deviation (Sample)	$12,464	$9,191
Standard Deviation (Population)	$12,348	$9,118

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 Immigrants from Armenia by Median Earnings

In terms of median earnings, the demographic groups most similar to Immigrants from Armenia are Spaniard ($46,059, a difference of 0.080%), Iraqi ($46,140, a difference of 0.10%), French Canadian ($46,026, a difference of 0.15%), Vietnamese ($46,172, a difference of 0.17%), and Uruguayan ($46,190, a difference of 0.21%).

Demographics	Rating \| Rank	Median Earnings
Immigrants \| Cameroon	46.4 /100 \| #181	Average $46,329
Swiss	45.9 /100 \| #182	Average $46,315
French	45.2 /100 \| #183	Average $46,296
Immigrants \| Kenya	42.4 /100 \| #184	Average $46,214
Uruguayans	41.6 /100 \| #185	Average $46,190
Vietnamese	40.9 /100 \| #186	Average $46,172
Iraqis	39.9 /100 \| #187	Fair $46,140
Immigrants \| Armenia	38.3 /100 \| #188	Fair $46,094
Spaniards	37.2 /100 \| #189	Fair $46,059
French Canadians	36.1 /100 \| #190	Fair $46,026
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