Panamanian vs Immigrants from Venezuela Median Earnings

The statistical analysis conducted on geographies consisting of 281,227,133 people shows a poor negative correlation between the proportion of Panamanians and median earnings in the United States with a correlation coefficient (R) of -0.196 and weighted average of $45,593. Similarly, the statistical analysis conducted on geographies consisting of 287,839,546 people shows no correlation between the proportion of Immigrants from Venezuela and median earnings in the United States with a correlation coefficient (R) of 0.024 and weighted average of $44,163, a difference of 3.2%.

Median Earnings Correlation Summary

Measurement	Panamanian	Immigrants from Venezuela
Minimum	$24,420	$23,314
Maximum	$90,539	$70,871
Range	$66,119	$47,557
Mean	$45,745	$44,436
Median	$43,597	$42,584
Interquartile 25% (IQ1)	$37,947	$39,305
Interquartile 75% (IQ3)	$49,738	$47,920
Interquartile Range (IQR)	$11,791	$8,616
Standard Deviation (Sample)	$12,464	$9,975
Standard Deviation (Population)	$12,348	$9,895

Similar Demographics by Median Earnings

Demographics Similar to Panamanians by Median Earnings

In terms of median earnings, the demographic groups most similar to Panamanians are Bermudan ($45,593, a difference of 0.0%), Immigrants from Bosnia and Herzegovina ($45,600, a difference of 0.010%), Immigrants from Thailand ($45,598, a difference of 0.010%), Immigrants from Grenada ($45,596, a difference of 0.010%), and Immigrants from Senegal ($45,611, a difference of 0.040%).

Demographics	Rating \| Rank	Median Earnings
Immigrants \| Uruguay	25.9 /100 \| #204	Fair $45,682
Tongans	25.4 /100 \| #205	Fair $45,665
Immigrants \| Ghana	24.8 /100 \| #206	Fair $45,641
Immigrants \| Senegal	24.0 /100 \| #207	Fair $45,611
Immigrants \| Bosnia and Herzegovina	23.7 /100 \| #208	Fair $45,600
Immigrants \| Thailand	23.7 /100 \| #209	Fair $45,598
Immigrants \| Grenada	23.6 /100 \| #210	Fair $45,596
Panamanians	23.5 /100 \| #211	Fair $45,593
Bermudans	23.5 /100 \| #212	Fair $45,593
Immigrants \| Colombia	22.4 /100 \| #213	Fair $45,550
Nigerians	22.0 /100 \| #214	Fair $45,532
Immigrants \| Bangladesh	22.0 /100 \| #215	Fair $45,532
Guyanese	20.6 /100 \| #216	Fair $45,470
Tlingit-Haida	20.5 /100 \| #217	Fair $45,468
Spanish	19.7 /100 \| #218	Poor $45,432

Demographics Similar to Immigrants from Venezuela by Median Earnings

In terms of median earnings, the demographic groups most similar to Immigrants from Venezuela are Samoan ($44,206, a difference of 0.10%), Subsaharan African ($44,118, a difference of 0.10%), Nonimmigrants ($44,117, a difference of 0.10%), Aleut ($44,241, a difference of 0.18%), and Immigrants from Burma/Myanmar ($43,998, a difference of 0.37%).

Demographics	Rating \| Rank	Median Earnings
Venezuelans	6.9 /100 \| #235	Tragic $44,580
British West Indians	6.7 /100 \| #236	Tragic $44,552
Immigrants \| Ecuador	5.9 /100 \| #237	Tragic $44,462
Sudanese	5.6 /100 \| #238	Tragic $44,419
Senegalese	5.3 /100 \| #239	Tragic $44,373
Aleuts	4.4 /100 \| #240	Tragic $44,241
Samoans	4.2 /100 \| #241	Tragic $44,206
Immigrants \| Venezuela	4.0 /100 \| #242	Tragic $44,163
Sub-Saharan Africans	3.7 /100 \| #243	Tragic $44,118
Immigrants \| Nonimmigrants	3.7 /100 \| #244	Tragic $44,117
Immigrants \| Burma/Myanmar	3.2 /100 \| #245	Tragic $43,998
Immigrants \| West Indies	3.1 /100 \| #246	Tragic $43,989
Immigrants \| Cabo Verde	3.0 /100 \| #247	Tragic $43,963
Nepalese	2.6 /100 \| #248	Tragic $43,860
Malaysians	2.6 /100 \| #249	Tragic $43,844