Panamanian vs Northern European 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 405,831,688 people shows a slight negative correlation between the proportion of Northern Europeans and median family income in the United States with a correlation coefficient (R) of -0.088 and weighted average of $110,635, a difference of 13.3%.

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 Northern Europeans are Immigrants from Southern Europe ($110,614, a difference of 0.020%), Immigrants from Argentina ($110,873, a difference of 0.21%), Immigrants from Lebanon ($110,159, a difference of 0.43%), Immigrants from Kazakhstan ($110,137, a difference of 0.45%), and Korean ($110,103, a difference of 0.48%).