Panamanian vs Nepalese 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 24,521,755 people shows a moderate negative correlation between the proportion of Nepalese and median family income in the United States with a correlation coefficient (R) of -0.409 and weighted average of $94,153, a difference of 3.7%.

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 Nepalese are Salvadoran ($94,109, a difference of 0.050%), Somali ($94,085, a difference of 0.070%), Immigrants from Trinidad and Tobago ($93,988, a difference of 0.17%), Barbadian ($93,919, a difference of 0.25%), and Alaskan Athabascan ($94,429, a difference of 0.29%).