Black/African American vs Immigrants from Panama Median Household Income

The statistical analysis conducted on geographies consisting of 564,831,998 people shows a very strong negative correlation between the proportion of Blacks/African Americans and median household income in the United States with a correlation coefficient (R) of -0.833 and weighted average of $67,573. 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 19.7%.

In terms of median household income, the demographic groups most similar to Blacks/African Americans are Creek ($67,715, a difference of 0.21%), Sioux ($67,792, a difference of 0.32%), Native/Alaskan ($67,879, a difference of 0.45%), Arapaho ($67,965, a difference of 0.58%), and Cheyenne ($66,974, a difference of 0.89%).

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%).