Panamanian vs Immigrants from Spain 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 239,551,632 people shows a poor positive correlation between the proportion of Immigrants from Spain and median family income in the United States with a correlation coefficient (R) of 0.158 and weighted average of $113,815, a difference of 16.5%.

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%).

In terms of median family income, the demographic groups most similar to Immigrants from Spain are Paraguayan ($114,016, a difference of 0.18%), Egyptian ($114,119, a difference of 0.27%), Immigrants from Serbia ($113,463, a difference of 0.31%), Immigrants from Bulgaria ($113,461, a difference of 0.31%), and Immigrants from Romania ($113,434, a difference of 0.34%).