Panamanian vs Immigrants from Southern Europe 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 402,509,296 people shows a significant negative correlation between the proportion of Immigrants from Southern Europe and median family income in the United States with a correlation coefficient (R) of -0.614 and weighted average of $110,614, a difference of 13.2%.

Median Family Income Correlation Summary

Measurement	Panamanian	Immigrants from Southern Europe
Minimum	$41,845	$43,571
Maximum	$191,635	$141,836
Range	$149,790	$98,265
Mean	$93,845	$97,967
Median	$93,176	$102,217
Interquartile 25% (IQ1)	$69,694	$78,639
Interquartile 75% (IQ3)	$102,381	$117,023
Interquartile Range (IQR)	$32,687	$38,384
Standard Deviation (Sample)	$33,147	$25,189
Standard Deviation (Population)	$32,827	$24,793

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 Southern Europe by Median Family Income

In terms of median family income, the demographic groups most similar to Immigrants from Southern Europe are Northern European ($110,635, a difference of 0.020%), Immigrants from Argentina ($110,873, a difference of 0.23%), Immigrants from Lebanon ($110,159, a difference of 0.41%), Immigrants from Kazakhstan ($110,137, a difference of 0.43%), and Korean ($110,103, a difference of 0.46%).

Demographics	Rating \| Rank	Median Family Income
Immigrants \| Hungary	98.8 /100 \| #84	Exceptional $111,378
Croatians	98.8 /100 \| #85	Exceptional $111,370
Ukrainians	98.8 /100 \| #86	Exceptional $111,368
Austrians	98.8 /100 \| #87	Exceptional $111,306
Romanians	98.8 /100 \| #88	Exceptional $111,243
Immigrants \| Argentina	98.5 /100 \| #89	Exceptional $110,873
Northern Europeans	98.3 /100 \| #90	Exceptional $110,635
Immigrants \| Southern Europe	98.3 /100 \| #91	Exceptional $110,614
Immigrants \| Lebanon	97.9 /100 \| #92	Exceptional $110,159
Immigrants \| Kazakhstan	97.8 /100 \| #93	Exceptional $110,137
Koreans	97.8 /100 \| #94	Exceptional $110,103
Zimbabweans	97.7 /100 \| #95	Exceptional $110,011
Immigrants \| Moldova	97.7 /100 \| #96	Exceptional $109,975
Jordanians	97.5 /100 \| #97	Exceptional $109,865
Immigrants \| Kuwait	97.4 /100 \| #98	Exceptional $109,731