Spanish American vs Immigrants from Panama Median Family Income

The statistical analysis conducted on geographies consisting of 103,155,631 people shows a poor positive correlation between the proportion of Spanish Americans and median family income in the United States with a correlation coefficient (R) of 0.136 and weighted average of $90,322. Similarly, the statistical analysis conducted on geographies consisting of 221,145,724 people shows a poor positive correlation between the proportion of Immigrants from Panama and median family income in the United States with a correlation coefficient (R) of 0.149 and weighted average of $95,647, a difference of 5.9%.

Median Family Income Correlation Summary

Measurement	Spanish American	Immigrants from Panama
Minimum	$34,804	$54,583
Maximum	$151,435	$143,854
Range	$116,631	$89,271
Mean	$79,090	$93,119
Median	$75,945	$92,830
Interquartile 25% (IQ1)	$62,996	$80,245
Interquartile 75% (IQ3)	$87,771	$103,110
Interquartile Range (IQR)	$24,775	$22,865
Standard Deviation (Sample)	$23,819	$22,241
Standard Deviation (Population)	$23,588	$21,880

Similar Demographics by Median Family Income

Demographics Similar to Spanish Americans by Median Family Income

In terms of median family income, the demographic groups most similar to Spanish Americans are Immigrants from Micronesia ($90,345, a difference of 0.020%), Immigrants from Liberia ($90,450, a difference of 0.14%), Iroquois ($90,543, a difference of 0.24%), Immigrants from St. Vincent and the Grenadines ($90,094, a difference of 0.25%), and Jamaican ($90,581, a difference of 0.29%).

Demographics	Rating \| Rank	Median Family Income
Mexican American Indians	0.2 /100 \| #267	Tragic $90,918
Cree	0.2 /100 \| #268	Tragic $90,882
Belizeans	0.2 /100 \| #269	Tragic $90,880
Jamaicans	0.2 /100 \| #270	Tragic $90,581
Iroquois	0.2 /100 \| #271	Tragic $90,543
Immigrants \| Liberia	0.2 /100 \| #272	Tragic $90,450
Immigrants \| Micronesia	0.2 /100 \| #273	Tragic $90,345
Spanish Americans	0.2 /100 \| #274	Tragic $90,322
Immigrants \| St. Vincent and the Grenadines	0.2 /100 \| #275	Tragic $90,094
Immigrants \| Zaire	0.1 /100 \| #276	Tragic $89,285
Immigrants \| Jamaica	0.1 /100 \| #277	Tragic $89,268
Immigrants \| Grenada	0.1 /100 \| #278	Tragic $89,249
Immigrants \| Belize	0.1 /100 \| #279	Tragic $89,197
British West Indians	0.1 /100 \| #280	Tragic $88,987
Blackfeet	0.1 /100 \| #281	Tragic $88,717

Demographics Similar to Immigrants from Panama by Median Family Income

In terms of median family income, the demographic groups most similar to Immigrants from Panama are Alaska Native ($95,573, a difference of 0.080%), Immigrants from the Azores ($95,402, a difference of 0.26%), Marshallese ($95,293, a difference of 0.37%), Malaysian ($95,230, a difference of 0.44%), and Vietnamese ($96,123, a difference of 0.50%).

Demographics	Rating \| Rank	Median Family Income
Delaware	5.1 /100 \| #219	Tragic $96,958
Sudanese	4.7 /100 \| #220	Tragic $96,783
Immigrants \| Ghana	4.2 /100 \| #221	Tragic $96,544
Immigrants \| Nigeria	4.0 /100 \| #222	Tragic $96,439
Venezuelans	3.7 /100 \| #223	Tragic $96,281
Immigrants \| Nonimmigrants	3.6 /100 \| #224	Tragic $96,231
Vietnamese	3.4 /100 \| #225	Tragic $96,123
Immigrants \| Panama	2.7 /100 \| #226	Tragic $95,647
Alaska Natives	2.6 /100 \| #227	Tragic $95,573
Immigrants \| Azores	2.4 /100 \| #228	Tragic $95,402
Marshallese	2.2 /100 \| #229	Tragic $95,293
Malaysians	2.2 /100 \| #230	Tragic $95,230
Ecuadorians	2.1 /100 \| #231	Tragic $95,114
Immigrants \| Venezuela	1.9 /100 \| #232	Tragic $94,904
Immigrants \| Bangladesh	1.6 /100 \| #233	Tragic $94,665