Panamanian vs Immigrants from Denmark Median Family Income

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 136,397,640 people shows a weak negative correlation between the proportion of Immigrants from Denmark and median family income in the United States with a correlation coefficient (R) of -0.206 and weighted average of $120,445, a difference of 23.3%.

Median Family Income Correlation Summary

Measurement	Panamanian	Immigrants from Denmark
Minimum	$41,845	$36,611
Maximum	$191,635	$250,001
Range	$149,790	$213,390
Mean	$93,845	$116,902
Median	$93,176	$112,401
Interquartile 25% (IQ1)	$69,694	$81,504
Interquartile 75% (IQ3)	$102,381	$144,309
Interquartile Range (IQR)	$32,687	$62,805
Standard Deviation (Sample)	$33,147	$49,223
Standard Deviation (Population)	$32,827	$48,535

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 Immigrants from Denmark by Median Family Income

In terms of median family income, the demographic groups most similar to Immigrants from Denmark are Russian ($120,487, a difference of 0.040%), Latvian ($120,301, a difference of 0.12%), Immigrants from Sri Lanka ($120,263, a difference of 0.15%), Immigrants from Switzerland ($120,726, a difference of 0.23%), and Immigrants from France ($120,076, a difference of 0.31%).

Demographics	Rating \| Rank	Median Family Income
Immigrants \| Korea	100.0 /100 \| #21	Exceptional $122,800
Immigrants \| Sweden	100.0 /100 \| #22	Exceptional $122,765
Immigrants \| Japan	100.0 /100 \| #23	Exceptional $122,764
Immigrants \| Northern Europe	100.0 /100 \| #24	Exceptional $121,840
Turks	100.0 /100 \| #25	Exceptional $121,202
Immigrants \| Switzerland	100.0 /100 \| #26	Exceptional $120,726
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