Immigrants from Venezuela vs Panamanian Median Household Income

The statistical analysis conducted on geographies consisting of 287,748,058 people shows a slight positive correlation between the proportion of Immigrants from Venezuela and median household income in the United States with a correlation coefficient (R) of 0.050 and weighted average of $81,506. 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 0.94%.

In terms of median household income, the demographic groups most similar to Immigrants from Venezuela are Immigrants from Ghana ($81,489, a difference of 0.020%), Nigerian ($81,725, a difference of 0.27%), Immigrants from Nigeria ($81,236, a difference of 0.33%), Immigrants from El Salvador ($81,213, a difference of 0.36%), and Malaysian ($81,064, a difference of 0.54%). Similarly, 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%).