Panamanian vs West 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 253,821,014 people shows no correlation between the proportion of West Indians and median household income in the United States with a correlation coefficient (R) of 0.045 and weighted average of $78,455, a difference of 4.9%.

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 West Indians are Sudanese ($78,529, a difference of 0.090%), Immigrants from Laos ($78,327, a difference of 0.16%), Immigrants from Burma/Myanmar ($78,682, a difference of 0.29%), Mexican American Indian ($78,166, a difference of 0.37%), and Central American ($78,803, a difference of 0.44%).