Panamanian vs Immigrants from Nicaragua 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 236,313,434 people shows a moderate negative correlation between the proportion of Immigrants from Nicaragua and median household income in the United States with a correlation coefficient (R) of -0.429 and weighted average of $76,784, a difference of 7.1%.

Median Household Income Correlation Summary

Measurement	Panamanian	Immigrants from Nicaragua
Minimum	$20,556	$29,878
Maximum	$178,834	$124,491
Range	$158,278	$94,613
Mean	$72,362	$68,743
Median	$68,346	$72,189
Interquartile 25% (IQ1)	$51,530	$54,917
Interquartile 75% (IQ3)	$83,972	$81,583
Interquartile Range (IQR)	$32,442	$26,666
Standard Deviation (Sample)	$29,634	$17,913
Standard Deviation (Population)	$29,377	$17,803

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 Nicaragua by Median Household Income

In terms of median household income, the demographic groups most similar to Immigrants from Nicaragua are Spanish American Indian ($76,670, a difference of 0.15%), Immigrants from Senegal ($76,915, a difference of 0.17%), Jamaican ($76,583, a difference of 0.26%), Belizean ($77,028, a difference of 0.32%), and Immigrants from Grenada ($76,517, a difference of 0.35%).

Demographics	Rating \| Rank	Median Household Income
Mexican American Indians	1.2 /100 \| #251	Tragic $78,166
Immigrants \| West Indies	1.0 /100 \| #252	Tragic $77,956
Immigrants \| St. Vincent and the Grenadines	0.9 /100 \| #253	Tragic $77,690
Sub-Saharan Africans	0.8 /100 \| #254	Tragic $77,631
Immigrants \| Middle Africa	0.8 /100 \| #255	Tragic $77,559
Belizeans	0.6 /100 \| #256	Tragic $77,028
Immigrants \| Senegal	0.5 /100 \| #257	Tragic $76,915
Immigrants \| Nicaragua	0.5 /100 \| #258	Tragic $76,784
Spanish American Indians	0.4 /100 \| #259	Tragic $76,670
Jamaicans	0.4 /100 \| #260	Tragic $76,583
Immigrants \| Grenada	0.4 /100 \| #261	Tragic $76,517
French American Indians	0.4 /100 \| #262	Tragic $76,387
Alaskan Athabascans	0.4 /100 \| #263	Tragic $76,383
Guatemalans	0.3 /100 \| #264	Tragic $75,961
Immigrants \| Belize	0.3 /100 \| #265	Tragic $75,938