American vs Panamanian Median Household Income
COMPARE
American
Panamanian
Median Household Income
Median Household Income Comparison
Americans
Panamanians
$75,932
MEDIAN HOUSEHOLD INCOME
0.3/ 100
METRIC RATING
266th/ 347
METRIC RANK
$82,272
MEDIAN HOUSEHOLD INCOME
14.0/ 100
METRIC RATING
214th/ 347
METRIC RANK
American vs Panamanian Median Household Income Correlation Chart
The statistical analysis conducted on geographies consisting of 580,584,472 people shows a significant negative correlation between the proportion of Americans and median household income in the United States with a correlation coefficient (R) of -0.603 and weighted average of $75,932. Similarly, 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, a difference of 8.4%.
Median Household Income Correlation Summary
Measurement | American | Panamanian |
Minimum | $2,499 | $20,556 |
Maximum | $93,750 | $178,834 |
Range | $91,251 | $158,278 |
Mean | $56,747 | $72,362 |
Median | $56,097 | $68,346 |
Interquartile 25% (IQ1) | $48,888 | $51,530 |
Interquartile 75% (IQ3) | $64,069 | $83,972 |
Interquartile Range (IQR) | $15,181 | $32,442 |
Standard Deviation (Sample) | $14,812 | $29,634 |
Standard Deviation (Population) | $14,765 | $29,377 |
Similar Demographics by Median Household Income
Demographics Similar to Americans by Median Household Income
In terms of median household income, the demographic groups most similar to Americans are Immigrants from Belize ($75,938, a difference of 0.010%), Guatemalan ($75,961, a difference of 0.040%), German Russian ($75,856, a difference of 0.10%), Immigrants from Jamaica ($75,851, a difference of 0.11%), and Cape Verdean ($75,848, a difference of 0.11%).
Demographics | Rating | Rank | Median Household Income |
Spanish American Indians | 0.4 /100 | #259 | Tragic $76,670 |
Jamaicans | 0.4 /100 | #260 | Tragic $76,583 |
Immigrants | Grenada | 0.4 /100 | #261 | Tragic $76,517 |
French American Indians | 0.4 /100 | #262 | Tragic $76,387 |
Alaskan Athabascans | 0.4 /100 | #263 | Tragic $76,383 |
Guatemalans | 0.3 /100 | #264 | Tragic $75,961 |
Immigrants | Belize | 0.3 /100 | #265 | Tragic $75,938 |
Americans | 0.3 /100 | #266 | Tragic $75,932 |
German Russians | 0.3 /100 | #267 | Tragic $75,856 |
Immigrants | Jamaica | 0.3 /100 | #268 | Tragic $75,851 |
Cape Verdeans | 0.3 /100 | #269 | Tragic $75,848 |
Hmong | 0.3 /100 | #270 | Tragic $75,839 |
Pennsylvania Germans | 0.3 /100 | #271 | Tragic $75,814 |
Somalis | 0.3 /100 | #272 | Tragic $75,782 |
Liberians | 0.2 /100 | #273 | Tragic $75,667 |
Demographics Similar to Panamanians by Median Household Income
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%).
Demographics | Rating | Rank | Median Household Income |
Dutch | 20.3 /100 | #207 | Fair $82,971 |
French Canadians | 18.7 /100 | #208 | Poor $82,810 |
Immigrants | Iraq | 16.7 /100 | #209 | Poor $82,594 |
Immigrants | Uruguay | 16.4 /100 | #210 | Poor $82,560 |
Salvadorans | 15.4 /100 | #211 | Poor $82,449 |
Venezuelans | 15.3 /100 | #212 | Poor $82,432 |
Nepalese | 15.1 /100 | #213 | Poor $82,410 |
Panamanians | 14.0 /100 | #214 | Poor $82,272 |
Vietnamese | 13.8 /100 | #215 | Poor $82,248 |
Yugoslavians | 13.3 /100 | #216 | Poor $82,186 |
Ecuadorians | 12.5 /100 | #217 | Poor $82,070 |
Whites/Caucasians | 12.2 /100 | #218 | Poor $82,029 |
Nigerians | 10.3 /100 | #219 | Poor $81,725 |
Immigrants | Venezuela | 9.0 /100 | #220 | Tragic $81,506 |
Immigrants | Ghana | 9.0 /100 | #221 | Tragic $81,489 |