Panamanian vs Immigrants from Germany Per Capita Income

The statistical analysis conducted on geographies consisting of 281,258,630 people shows a mild negative correlation between the proportion of Panamanians and per capita income in the United States with a correlation coefficient (R) of -0.306 and weighted average of $42,035. Similarly, the statistical analysis conducted on geographies consisting of 463,898,714 people shows a slight negative correlation between the proportion of Immigrants from Germany and per capita income in the United States with a correlation coefficient (R) of -0.098 and weighted average of $45,751, a difference of 8.8%.

Per Capita Income Correlation Summary

Measurement	Panamanian	Immigrants from Germany
Minimum	$15,844	$19,389
Maximum	$86,907	$106,492
Range	$71,063	$87,103
Mean	$39,085	$47,817
Median	$37,643	$44,537
Interquartile 25% (IQ1)	$29,415	$32,967
Interquartile 75% (IQ3)	$45,746	$55,483
Interquartile Range (IQR)	$16,331	$22,516
Standard Deviation (Sample)	$14,450	$20,412
Standard Deviation (Population)	$14,333	$20,149

Similar Demographics by Per Capita Income

Demographics Similar to Panamanians by Per Capita Income

In terms of per capita income, the demographic groups most similar to Panamanians are Venezuelan ($42,074, a difference of 0.090%), Immigrants from Sudan ($41,986, a difference of 0.12%), Ecuadorian ($41,958, a difference of 0.18%), Ghanaian ($42,164, a difference of 0.31%), and White/Caucasian ($42,180, a difference of 0.35%).

Demographics	Rating \| Rank	Per Capita Income
Immigrants \| Thailand	17.6 /100 \| #201	Poor $42,289
Immigrants \| Bosnia and Herzegovina	17.5 /100 \| #202	Poor $42,278
Spanish	17.0 /100 \| #203	Poor $42,249
Aleuts	16.4 /100 \| #204	Poor $42,210
Whites/Caucasians	15.9 /100 \| #205	Poor $42,180
Ghanaians	15.7 /100 \| #206	Poor $42,164
Venezuelans	14.4 /100 \| #207	Poor $42,074
Panamanians	13.9 /100 \| #208	Poor $42,035
Immigrants \| Sudan	13.2 /100 \| #209	Poor $41,986
Ecuadorians	12.9 /100 \| #210	Poor $41,958
Immigrants \| Panama	11.6 /100 \| #211	Poor $41,853
Immigrants \| Senegal	11.3 /100 \| #212	Poor $41,830
Immigrants \| Venezuela	10.2 /100 \| #213	Poor $41,727
Immigrants \| Bangladesh	10.1 /100 \| #214	Poor $41,709
Sudanese	9.9 /100 \| #215	Tragic $41,695

Demographics Similar to Immigrants from Germany by Per Capita Income

In terms of per capita income, the demographic groups most similar to Immigrants from Germany are Swedish ($45,750, a difference of 0.0%), Palestinian ($45,790, a difference of 0.090%), Zimbabwean ($45,804, a difference of 0.12%), European ($45,836, a difference of 0.19%), and Luxembourger ($45,663, a difference of 0.19%).

Demographics	Rating \| Rank	Per Capita Income
Immigrants \| Ethiopia	92.7 /100 \| #120	Exceptional $45,923
Canadians	92.2 /100 \| #121	Exceptional $45,858
Moroccans	92.1 /100 \| #122	Exceptional $45,854
Lebanese	92.0 /100 \| #123	Exceptional $45,840
Europeans	92.0 /100 \| #124	Exceptional $45,836
Zimbabweans	91.7 /100 \| #125	Exceptional $45,804
Palestinians	91.6 /100 \| #126	Exceptional $45,790
Immigrants \| Germany	91.3 /100 \| #127	Exceptional $45,751
Swedes	91.3 /100 \| #128	Exceptional $45,750
Luxembourgers	90.4 /100 \| #129	Exceptional $45,663
Arabs	90.4 /100 \| #130	Exceptional $45,662
Immigrants \| North Macedonia	90.0 /100 \| #131	Exceptional $45,622
Jordanians	89.9 /100 \| #132	Excellent $45,605
Pakistanis	89.7 /100 \| #133	Excellent $45,587
Slovenes	89.6 /100 \| #134	Excellent $45,581