Panamanian vs South American Indian 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 164,527,157 people shows a weak negative correlation between the proportion of South American Indians and median household income in the United States with a correlation coefficient (R) of -0.288 and weighted average of $87,446, a difference of 6.3%.

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 American Indians are Immigrants from Uganda ($87,553, a difference of 0.12%), Ugandan ($87,557, a difference of 0.13%), Serbian ($87,572, a difference of 0.14%), Costa Rican ($87,262, a difference of 0.21%), and Danish ($87,676, a difference of 0.26%).