Panamanian vs Immigrants from Dominican Republic 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 274,922,738 people shows a substantial negative correlation between the proportion of Immigrants from Dominican Republic and median household income in the United States with a correlation coefficient (R) of -0.560 and weighted average of $70,208, a difference of 17.2%.

Median Household Income Correlation Summary

Measurement	Panamanian	Immigrants from Dominican Republic
Minimum	$20,556	$30,696
Maximum	$178,834	$111,701
Range	$158,278	$81,005
Mean	$72,362	$62,334
Median	$68,346	$62,616
Interquartile 25% (IQ1)	$51,530	$51,486
Interquartile 75% (IQ3)	$83,972	$74,129
Interquartile Range (IQR)	$32,442	$22,642
Standard Deviation (Sample)	$29,634	$16,292
Standard Deviation (Population)	$29,377	$16,192

Similar Demographics by Median Household Income

Demographics Similar to Panamanians by Median Household Income

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%).

Demographics	Rating \| Rank	Median Household Income
Dutch	20.3 /100 \| #207	Fair $82,971
French Canadians	18.7 /100 \| #208	Poor $82,810
Immigrants \| Iraq	16.7 /100 \| #209	Poor $82,594
Immigrants \| Uruguay	16.4 /100 \| #210	Poor $82,560
Salvadorans	15.4 /100 \| #211	Poor $82,449
Venezuelans	15.3 /100 \| #212	Poor $82,432
Nepalese	15.1 /100 \| #213	Poor $82,410
Panamanians	14.0 /100 \| #214	Poor $82,272
Vietnamese	13.8 /100 \| #215	Poor $82,248
Yugoslavians	13.3 /100 \| #216	Poor $82,186
Ecuadorians	12.5 /100 \| #217	Poor $82,070
Whites/Caucasians	12.2 /100 \| #218	Poor $82,029
Nigerians	10.3 /100 \| #219	Poor $81,725
Immigrants \| Venezuela	9.0 /100 \| #220	Tragic $81,506
Immigrants \| Ghana	9.0 /100 \| #221	Tragic $81,489

Demographics Similar to Immigrants from Dominican Republic by Median Household Income

In terms of median household income, the demographic groups most similar to Immigrants from Dominican Republic are Colville ($70,094, a difference of 0.16%), Chickasaw ($70,005, a difference of 0.29%), Choctaw ($69,947, a difference of 0.37%), Chippewa ($70,539, a difference of 0.47%), and Cajun ($70,605, a difference of 0.56%).

Demographics	Rating \| Rank	Median Household Income
Immigrants \| Honduras	0.0 /100 \| #312	Tragic $71,452
Immigrants \| Bahamas	0.0 /100 \| #313	Tragic $71,349
Dominicans	0.0 /100 \| #314	Tragic $71,302
Ottawa	0.0 /100 \| #315	Tragic $70,984
Apache	0.0 /100 \| #316	Tragic $70,927
Cajuns	0.0 /100 \| #317	Tragic $70,605
Chippewa	0.0 /100 \| #318	Tragic $70,539
Immigrants \| Dominican Republic	0.0 /100 \| #319	Tragic $70,208
Colville	0.0 /100 \| #320	Tragic $70,094
Chickasaw	0.0 /100 \| #321	Tragic $70,005
Choctaw	0.0 /100 \| #322	Tragic $69,947
Bahamians	0.0 /100 \| #323	Tragic $69,726
Yup'ik	0.0 /100 \| #324	Tragic $69,695
Seminole	0.0 /100 \| #325	Tragic $69,420
Yuman	0.0 /100 \| #326	Tragic $68,743