Australian vs Immigrants from Panama Median Household Income

The statistical analysis conducted on geographies consisting of 223,978,576 people shows a moderate negative correlation between the proportion of Australians and median household income in the United States with a correlation coefficient (R) of -0.489 and weighted average of $96,490. Similarly, the statistical analysis conducted on geographies consisting of 221,141,293 people shows a substantial negative correlation between the proportion of Immigrants from Panama and median household income in the United States with a correlation coefficient (R) of -0.510 and weighted average of $80,873, a difference of 19.3%.

Median Household Income Correlation Summary

Measurement	Australian	Immigrants from Panama
Minimum	$30,714	$35,430
Maximum	$166,528	$130,979
Range	$135,814	$95,549
Mean	$91,180	$71,805
Median	$88,142	$75,655
Interquartile 25% (IQ1)	$68,506	$53,712
Interquartile 75% (IQ3)	$103,837	$82,267
Interquartile Range (IQR)	$35,331	$28,555
Standard Deviation (Sample)	$30,330	$23,036
Standard Deviation (Population)	$30,047	$22,661

Similar Demographics by Median Household Income

Demographics Similar to Australians by Median Household Income

In terms of median household income, the demographic groups most similar to Australians are Israeli ($96,552, a difference of 0.060%), Immigrants from Russia ($96,378, a difference of 0.12%), Cambodian ($96,324, a difference of 0.17%), Immigrants from Greece ($96,675, a difference of 0.19%), and Immigrants from Malaysia ($96,292, a difference of 0.21%).

Demographics	Rating \| Rank	Median Household Income
Afghans	100.0 /100 \| #39	Exceptional $97,026
Maltese	100.0 /100 \| #40	Exceptional $97,015
Immigrants \| Turkey	100.0 /100 \| #41	Exceptional $96,964
Immigrants \| Lithuania	99.9 /100 \| #42	Exceptional $96,836
Immigrants \| France	99.9 /100 \| #43	Exceptional $96,743
Immigrants \| Greece	99.9 /100 \| #44	Exceptional $96,675
Israelis	99.9 /100 \| #45	Exceptional $96,552
Australians	99.9 /100 \| #46	Exceptional $96,490
Immigrants \| Russia	99.9 /100 \| #47	Exceptional $96,378
Cambodians	99.9 /100 \| #48	Exceptional $96,324
Immigrants \| Malaysia	99.9 /100 \| #49	Exceptional $96,292
Bulgarians	99.9 /100 \| #50	Exceptional $96,290
Estonians	99.9 /100 \| #51	Exceptional $95,930
Immigrants \| South Africa	99.9 /100 \| #52	Exceptional $95,800
Paraguayans	99.9 /100 \| #53	Exceptional $95,737

Demographics Similar to Immigrants from Panama by Median Household Income

In terms of median household income, the demographic groups most similar to Immigrants from Panama are Scotch-Irish ($80,972, a difference of 0.12%), Guyanese ($80,734, a difference of 0.17%), Immigrants from Bangladesh ($80,722, a difference of 0.19%), Malaysian ($81,064, a difference of 0.24%), and Immigrants from El Salvador ($81,213, a difference of 0.42%).

Demographics	Rating \| Rank	Median Household Income
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
Immigrants \| Nigeria	7.7 /100 \| #222	Tragic $81,236
Immigrants \| El Salvador	7.6 /100 \| #223	Tragic $81,213
Malaysians	7.0 /100 \| #224	Tragic $81,064
Scotch-Irish	6.6 /100 \| #225	Tragic $80,972
Immigrants \| Panama	6.2 /100 \| #226	Tragic $80,873
Guyanese	5.7 /100 \| #227	Tragic $80,734
Immigrants \| Bangladesh	5.7 /100 \| #228	Tragic $80,722
Delaware	5.0 /100 \| #229	Tragic $80,527
Bermudans	4.7 /100 \| #230	Tragic $80,406
Trinidadians and Tobagonians	4.7 /100 \| #231	Tragic $80,402
Immigrants \| Trinidad and Tobago	4.6 /100 \| #232	Tragic $80,373
Immigrants \| Azores	4.5 /100 \| #233	Tragic $80,357