Panamanian vs Immigrants from Western Europe Median Household Income

The statistical analysis conducted on geographies consisting of 281,034,556 people shows a mild negative correlation between the proportion of Panamanians and median household income in the United States with a correlation coefficient (R) of -0.398 and weighted average of $82,272. Similarly, the statistical analysis conducted on geographies consisting of 493,674,241 people shows a significant negative correlation between the proportion of Immigrants from Western Europe and median household income in the United States with a correlation coefficient (R) of -0.610 and weighted average of $91,936, a difference of 11.7%.

In terms of median household income, the demographic groups most similar to Panamanians are Vietnamese ($82,248, a difference of 0.030%), Yugoslavian ($82,186, a difference of 0.10%), Nepalese ($82,410, a difference of 0.17%), Venezuelan ($82,432, a difference of 0.20%), and Salvadoran ($82,449, a difference of 0.22%).

In terms of median household income, the demographic groups most similar to Immigrants from Western Europe are Immigrants from Lebanon ($91,887, a difference of 0.050%), Romanian ($91,994, a difference of 0.060%), Assyrian/Chaldean/Syriac ($91,991, a difference of 0.060%), Immigrants from Vietnam ($91,987, a difference of 0.060%), and Immigrants from North America ($91,860, a difference of 0.080%).