Panamanian vs Venezuelan Median Earnings
COMPARE
Panamanian
Venezuelan
Median Earnings
Median Earnings Comparison
Panamanians
Venezuelans
$45,593
MEDIAN EARNINGS
23.5/ 100
METRIC RATING
211th/ 347
METRIC RANK
$44,580
MEDIAN EARNINGS
6.9/ 100
METRIC RATING
235th/ 347
METRIC RANK
Panamanian vs Venezuelan 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 306,328,741 people shows a slight positive correlation between the proportion of Venezuelans and median earnings in the United States with a correlation coefficient (R) of 0.055 and weighted average of $44,580, a difference of 2.3%.
Median Earnings Correlation Summary
| Measurement | Panamanian | Venezuelan |
| Minimum | $24,420 | $23,314 |
| Maximum | $90,539 | $78,969 |
| Range | $66,119 | $55,655 |
| Mean | $45,745 | $43,969 |
| Median | $43,597 | $42,571 |
| Interquartile 25% (IQ1) | $37,947 | $39,048 |
| Interquartile 75% (IQ3) | $49,738 | $46,866 |
| Interquartile Range (IQR) | $11,791 | $7,818 |
| Standard Deviation (Sample) | $12,464 | $9,261 |
| Standard Deviation (Population) | $12,348 | $9,192 |
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 Venezuelans by Median Earnings
In terms of median earnings, the demographic groups most similar to Venezuelans are British West Indian ($44,552, a difference of 0.060%), Cape Verdean ($44,640, a difference of 0.14%), Immigrants from Ecuador ($44,462, a difference of 0.27%), Sudanese ($44,419, a difference of 0.36%), and Immigrants from Sudan ($44,767, a difference of 0.42%).
| Demographics | Rating | Rank | Median Earnings |
| Immigrants | Iraq | 11.6 /100 | #228 | Poor $44,988 |
| Scotch-Irish | 10.7 /100 | #229 | Poor $44,924 |
| Immigrants | Western Africa | 10.3 /100 | #230 | Poor $44,893 |
| Japanese | 9.5 /100 | #231 | Tragic $44,825 |
| Delaware | 9.0 /100 | #232 | Tragic $44,783 |
| Immigrants | Sudan | 8.8 /100 | #233 | Tragic $44,767 |
| Cape Verdeans | 7.5 /100 | #234 | Tragic $44,640 |
| Venezuelans | 6.9 /100 | #235 | Tragic $44,580 |
| British West Indians | 6.7 /100 | #236 | Tragic $44,552 |
| Immigrants | Ecuador | 5.9 /100 | #237 | Tragic $44,462 |
| Sudanese | 5.6 /100 | #238 | Tragic $44,419 |
| Senegalese | 5.3 /100 | #239 | Tragic $44,373 |
| Aleuts | 4.4 /100 | #240 | Tragic $44,241 |
| Samoans | 4.2 /100 | #241 | Tragic $44,206 |
| Immigrants | Venezuela | 4.0 /100 | #242 | Tragic $44,163 |