Panamanian vs Welsh Median Family Income
COMPARE
Panamanian
Welsh
Median Family Income
Median Family Income Comparison
Panamanians
Welsh
$97,683
MEDIAN FAMILY INCOME
7.2/ 100
METRIC RATING
212th/ 347
METRIC RANK
$102,151
MEDIAN FAMILY INCOME
43.3/ 100
METRIC RATING
178th/ 347
METRIC RANK
Panamanian vs Welsh Median Family Income Correlation Chart
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 527,824,493 people shows a weak negative correlation between the proportion of Welsh and median family income in the United States with a correlation coefficient (R) of -0.201 and weighted average of $102,151, a difference of 4.6%.
Median Family Income Correlation Summary
| Measurement | Panamanian | Welsh |
| Minimum | $41,845 | $28,750 |
| Maximum | $191,635 | $145,055 |
| Range | $149,790 | $116,305 |
| Mean | $93,845 | $88,686 |
| Median | $93,176 | $89,832 |
| Interquartile 25% (IQ1) | $69,694 | $80,992 |
| Interquartile 75% (IQ3) | $102,381 | $101,775 |
| Interquartile Range (IQR) | $32,687 | $20,783 |
| Standard Deviation (Sample) | $33,147 | $21,326 |
| Standard Deviation (Population) | $32,827 | $21,138 |
Similar Demographics by Median Family Income
Demographics Similar to Panamanians by Median Family Income
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%).
| Demographics | Rating | Rank | Median Family Income |
| Hawaiians | 12.5 /100 | #205 | Poor $98,869 |
| Immigrants | Iraq | 12.1 /100 | #206 | Poor $98,786 |
| Aleuts | 11.6 /100 | #207 | Poor $98,702 |
| Immigrants | Uruguay | 9.2 /100 | #208 | Tragic $98,205 |
| Immigrants | Colombia | 8.7 /100 | #209 | Tragic $98,067 |
| Puget Sound Salish | 8.2 /100 | #210 | Tragic $97,958 |
| Immigrants | Sudan | 7.4 /100 | #211 | Tragic $97,737 |
| Panamanians | 7.2 /100 | #212 | Tragic $97,683 |
| Immigrants | Armenia | 7.0 /100 | #213 | Tragic $97,605 |
| Bermudans | 6.9 /100 | #214 | Tragic $97,577 |
| Nigerians | 6.7 /100 | #215 | Tragic $97,522 |
| Immigrants | Bosnia and Herzegovina | 6.4 /100 | #216 | Tragic $97,432 |
| Japanese | 6.0 /100 | #217 | Tragic $97,288 |
| Immigrants | Cambodia | 5.8 /100 | #218 | Tragic $97,222 |
| Delaware | 5.1 /100 | #219 | Tragic $96,958 |
Demographics Similar to Welsh by Median Family Income
In terms of median family income, the demographic groups most similar to Welsh are German ($102,254, a difference of 0.10%), French ($102,368, a difference of 0.21%), Immigrants from Eastern Africa ($102,451, a difference of 0.29%), South American ($101,856, a difference of 0.29%), and Finnish ($102,676, a difference of 0.51%).
| Demographics | Rating | Rank | Median Family Income |
| Alsatians | 54.3 /100 | #171 | Average $103,010 |
| Immigrants | Eritrea | 51.9 /100 | #172 | Average $102,823 |
| Belgians | 51.4 /100 | #173 | Average $102,788 |
| Finns | 50.0 /100 | #174 | Average $102,676 |
| Immigrants | Eastern Africa | 47.1 /100 | #175 | Average $102,451 |
| French | 46.1 /100 | #176 | Average $102,368 |
| Germans | 44.6 /100 | #177 | Average $102,254 |
| Welsh | 43.3 /100 | #178 | Average $102,151 |
| South Americans | 39.7 /100 | #179 | Fair $101,856 |
| French Canadians | 37.0 /100 | #180 | Fair $101,634 |
| Spaniards | 36.8 /100 | #181 | Fair $101,617 |
| Tsimshian | 35.9 /100 | #182 | Fair $101,543 |
| Kenyans | 34.5 /100 | #183 | Fair $101,417 |
| Immigrants | Costa Rica | 33.7 /100 | #184 | Fair $101,354 |
| Dutch | 31.9 /100 | #185 | Fair $101,192 |