Panamanian vs Immigrants from Somalia Median Family Income

The statistical analysis conducted on geographies consisting of 281,027,872 people shows a poor negative correlation between the proportion of Panamanians and median family income in the United States with a correlation coefficient (R) of -0.184 and weighted average of $97,683. Similarly, the statistical analysis conducted on geographies consisting of 92,093,839 people shows a significant negative correlation between the proportion of Immigrants from Somalia and median family income in the United States with a correlation coefficient (R) of -0.634 and weighted average of $92,609, a difference of 5.5%.

Median Family Income Correlation Summary

Measurement	Panamanian	Immigrants from Somalia
Minimum	$41,845	$29,978
Maximum	$191,635	$137,115
Range	$149,790	$107,137
Mean	$93,845	$85,390
Median	$93,176	$86,897
Interquartile 25% (IQ1)	$69,694	$73,310
Interquartile 75% (IQ3)	$102,381	$97,167
Interquartile Range (IQR)	$32,687	$23,857
Standard Deviation (Sample)	$33,147	$19,854
Standard Deviation (Population)	$32,827	$19,720

Similar Demographics by Median Family Income

Demographics Similar to Panamanians by Median Family Income

In terms of median family income, the demographic groups most similar to Panamanians are Immigrants from Sudan ($97,737, a difference of 0.050%), Immigrants from Armenia ($97,605, a difference of 0.080%), Bermudan ($97,577, a difference of 0.11%), Nigerian ($97,522, a difference of 0.17%), and Immigrants from Bosnia and Herzegovina ($97,432, a difference of 0.26%).

Demographics	Rating \| Rank	Median Family Income
Hawaiians	12.5 /100 \| #205	Poor $98,869
Immigrants \| Iraq	12.1 /100 \| #206	Poor $98,786
Aleuts	11.6 /100 \| #207	Poor $98,702
Immigrants \| Uruguay	9.2 /100 \| #208	Tragic $98,205
Immigrants \| Colombia	8.7 /100 \| #209	Tragic $98,067
Puget Sound Salish	8.2 /100 \| #210	Tragic $97,958
Immigrants \| Sudan	7.4 /100 \| #211	Tragic $97,737
Panamanians	7.2 /100 \| #212	Tragic $97,683
Immigrants \| Armenia	7.0 /100 \| #213	Tragic $97,605
Bermudans	6.9 /100 \| #214	Tragic $97,577
Nigerians	6.7 /100 \| #215	Tragic $97,522
Immigrants \| Bosnia and Herzegovina	6.4 /100 \| #216	Tragic $97,432
Japanese	6.0 /100 \| #217	Tragic $97,288
Immigrants \| Cambodia	5.8 /100 \| #218	Tragic $97,222
Delaware	5.1 /100 \| #219	Tragic $96,958

Demographics Similar to Immigrants from Somalia by Median Family Income

In terms of median family income, the demographic groups most similar to Immigrants from Somalia are Immigrants from El Salvador ($92,545, a difference of 0.070%), Immigrants from Guyana ($92,513, a difference of 0.10%), West Indian ($92,765, a difference of 0.17%), Immigrants from Barbados ($92,419, a difference of 0.21%), and Immigrants from Ecuador ($92,837, a difference of 0.25%).

Demographics	Rating \| Rank	Median Family Income
Sub-Saharan Africans	1.0 /100 \| #244	Tragic $93,748
Immigrants \| Middle Africa	1.0 /100 \| #245	Tragic $93,593
Guyanese	0.9 /100 \| #246	Tragic $93,373
Immigrants \| Senegal	0.7 /100 \| #247	Tragic $92,912
French American Indians	0.7 /100 \| #248	Tragic $92,872
Immigrants \| Ecuador	0.7 /100 \| #249	Tragic $92,837
West Indians	0.6 /100 \| #250	Tragic $92,765
Immigrants \| Somalia	0.6 /100 \| #251	Tragic $92,609
Immigrants \| El Salvador	0.6 /100 \| #252	Tragic $92,545
Immigrants \| Guyana	0.6 /100 \| #253	Tragic $92,513
Immigrants \| Barbados	0.5 /100 \| #254	Tragic $92,419
Immigrants \| Laos	0.5 /100 \| #255	Tragic $92,239
Nicaraguans	0.5 /100 \| #256	Tragic $92,231
Americans	0.4 /100 \| #257	Tragic $92,096
Osage	0.4 /100 \| #258	Tragic $91,926