Panamanian vs South African 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 182,537,527 people shows a poor negative correlation between the proportion of South Africans and median household income in the United States with a correlation coefficient (R) of -0.194 and weighted average of $93,379, a difference of 13.5%.

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 South Africans are Immigrants from Afghanistan ($93,375, a difference of 0.0%), Immigrants from Italy ($93,465, a difference of 0.090%), Immigrants from Latvia ($93,602, a difference of 0.24%), Immigrants from Bulgaria ($93,148, a difference of 0.25%), and Sri Lankan ($93,093, a difference of 0.31%).