Panamanian vs Immigrants from Mexico 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 513,131,801 people shows a very strong negative correlation between the proportion of Immigrants from Mexico and median household income in the United States with a correlation coefficient (R) of -0.859 and weighted average of $73,160, a difference of 12.4%.

Median Household Income Correlation Summary

Measurement	Panamanian	Immigrants from Mexico
Minimum	$20,556	$11,125
Maximum	$178,834	$84,609
Range	$158,278	$73,484
Mean	$72,362	$59,423
Median	$68,346	$61,801
Interquartile 25% (IQ1)	$51,530	$48,735
Interquartile 75% (IQ3)	$83,972	$71,471
Interquartile Range (IQR)	$32,442	$22,736
Standard Deviation (Sample)	$29,634	$16,352
Standard Deviation (Population)	$29,377	$16,282

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 Mexico by Median Household Income

In terms of median household income, the demographic groups most similar to Immigrants from Mexico are Haitian ($73,306, a difference of 0.20%), Paiute ($72,959, a difference of 0.27%), Cuban ($73,392, a difference of 0.32%), Indonesian ($72,856, a difference of 0.42%), and Blackfeet ($73,509, a difference of 0.48%).

Demographics	Rating \| Rank	Median Household Income
Bangladeshis	0.1 /100 \| #290	Tragic $74,112
Hispanics or Latinos	0.1 /100 \| #291	Tragic $73,823
Comanche	0.1 /100 \| #292	Tragic $73,747
Immigrants \| Cabo Verde	0.1 /100 \| #293	Tragic $73,515
Blackfeet	0.1 /100 \| #294	Tragic $73,509
Cubans	0.1 /100 \| #295	Tragic $73,392
Haitians	0.1 /100 \| #296	Tragic $73,306
Immigrants \| Mexico	0.0 /100 \| #297	Tragic $73,160
Paiute	0.0 /100 \| #298	Tragic $72,959
Indonesians	0.0 /100 \| #299	Tragic $72,856
Immigrants \| Dominica	0.0 /100 \| #300	Tragic $72,760
Cherokee	0.0 /100 \| #301	Tragic $72,682
Shoshone	0.0 /100 \| #302	Tragic $72,660
Africans	0.0 /100 \| #303	Tragic $72,650
Immigrants \| Haiti	0.0 /100 \| #304	Tragic $72,599