Panamanian vs Immigrants from Latin America 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 558,689,902 people shows a significant negative correlation between the proportion of Immigrants from Latin America and per capita income in the United States with a correlation coefficient (R) of -0.661 and weighted average of $36,823, a difference of 14.1%.

Per Capita Income Correlation Summary

Measurement	Panamanian	Immigrants from Latin America
Minimum	$15,844	$7,365
Maximum	$86,907	$51,138
Range	$71,063	$43,773
Mean	$39,085	$31,346
Median	$37,643	$30,830
Interquartile 25% (IQ1)	$29,415	$26,256
Interquartile 75% (IQ3)	$45,746	$37,351
Interquartile Range (IQR)	$16,331	$11,095
Standard Deviation (Sample)	$14,450	$8,475
Standard Deviation (Population)	$14,333	$8,446

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 Latin America by Per Capita Income

In terms of per capita income, the demographic groups most similar to Immigrants from Latin America are Immigrants from Haiti ($36,849, a difference of 0.070%), Fijian ($36,690, a difference of 0.36%), Immigrants from Honduras ($36,665, a difference of 0.43%), Ute ($36,651, a difference of 0.47%), and Inupiat ($36,999, a difference of 0.48%).

Demographics	Rating \| Rank	Per Capita Income
Immigrants \| Bahamas	0.1 /100 \| #300	Tragic $37,193
Ottawa	0.1 /100 \| #301	Tragic $37,101
Shoshone	0.1 /100 \| #302	Tragic $37,072
Paiute	0.1 /100 \| #303	Tragic $37,066
Hondurans	0.1 /100 \| #304	Tragic $37,031
Inupiat	0.1 /100 \| #305	Tragic $36,999
Immigrants \| Haiti	0.0 /100 \| #306	Tragic $36,849
Immigrants \| Latin America	0.0 /100 \| #307	Tragic $36,823
Fijians	0.0 /100 \| #308	Tragic $36,690
Immigrants \| Honduras	0.0 /100 \| #309	Tragic $36,665
Ute	0.0 /100 \| #310	Tragic $36,651
Chippewa	0.0 /100 \| #311	Tragic $36,631
Chickasaw	0.0 /100 \| #312	Tragic $36,475
Bahamians	0.0 /100 \| #313	Tragic $36,427
Seminole	0.0 /100 \| #314	Tragic $36,180