Panamanian vs Scandinavian Median Earnings
COMPARE
Panamanian
Scandinavian
Median Earnings
Median Earnings Comparison
Panamanians
Scandinavians
$45,593
MEDIAN EARNINGS
23.5/ 100
METRIC RATING
211th/ 347
METRIC RANK
$46,433
MEDIAN EARNINGS
50.0/ 100
METRIC RATING
174th/ 347
METRIC RANK
Panamanian vs Scandinavian Median Earnings Correlation Chart
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 472,554,301 people shows a poor negative correlation between the proportion of Scandinavians and median earnings in the United States with a correlation coefficient (R) of -0.164 and weighted average of $46,433, a difference of 1.8%.
Median Earnings Correlation Summary
| Measurement | Panamanian | Scandinavian |
| Minimum | $24,420 | $2,499 |
| Maximum | $90,539 | $129,652 |
| Range | $66,119 | $127,153 |
| Mean | $45,745 | $43,051 |
| Median | $43,597 | $44,555 |
| Interquartile 25% (IQ1) | $37,947 | $34,442 |
| Interquartile 75% (IQ3) | $49,738 | $48,536 |
| Interquartile Range (IQR) | $11,791 | $14,094 |
| Standard Deviation (Sample) | $12,464 | $16,928 |
| Standard Deviation (Population) | $12,348 | $16,786 |
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 Scandinavians by Median Earnings
In terms of median earnings, the demographic groups most similar to Scandinavians are Ghanaian ($46,440, a difference of 0.020%), Scottish ($46,463, a difference of 0.060%), Kenyan ($46,462, a difference of 0.060%), Basque ($46,399, a difference of 0.070%), and Danish ($46,392, a difference of 0.090%).
| Demographics | Rating | Rank | Median Earnings |
| Costa Ricans | 57.4 /100 | #167 | Average $46,645 |
| Immigrants | Africa | 54.6 /100 | #168 | Average $46,564 |
| Immigrants | South America | 54.0 /100 | #169 | Average $46,548 |
| Immigrants | Immigrants | 51.6 /100 | #170 | Average $46,478 |
| Scottish | 51.1 /100 | #171 | Average $46,463 |
| Kenyans | 51.0 /100 | #172 | Average $46,462 |
| Ghanaians | 50.3 /100 | #173 | Average $46,440 |
| Scandinavians | 50.0 /100 | #174 | Average $46,433 |
| Basques | 48.8 /100 | #175 | Average $46,399 |
| Danes | 48.6 /100 | #176 | Average $46,392 |
| Belgians | 48.0 /100 | #177 | Average $46,375 |
| Colombians | 47.1 /100 | #178 | Average $46,349 |
| English | 46.5 /100 | #179 | Average $46,334 |
| Puget Sound Salish | 46.5 /100 | #180 | Average $46,333 |
| Immigrants | Cameroon | 46.4 /100 | #181 | Average $46,329 |