Panamanian vs Immigrants from Venezuela 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 287,745,921 people shows a poor negative correlation between the proportion of Immigrants from Venezuela and median family income in the United States with a correlation coefficient (R) of -0.130 and weighted average of $94,904, a difference of 2.9%.

In terms of median family income, the demographic groups most similar to Panamanians are 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%), Immigrants from Bosnia and Herzegovina ($97,432, a difference of 0.26%), and Japanese ($97,288, a difference of 0.41%). Similarly, the demographic groups most similar to Immigrants from Venezuela are Ecuadorian ($95,114, a difference of 0.22%), Malaysian ($95,230, a difference of 0.34%), Marshallese ($95,293, a difference of 0.41%), Immigrants from the Azores ($95,402, a difference of 0.52%), and Alaska Native ($95,573, a difference of 0.70%).