Panamanian vs Immigrants from Caribbean Per Capita Income

The statistical analysis conducted on geographies consisting of 281,258,630 people shows a mild negative correlation between the proportion of Panamanians and per capita income in the United States with a correlation coefficient (R) of -0.306 and weighted average of $42,035. Similarly, the statistical analysis conducted on geographies consisting of 450,065,292 people shows a significant negative correlation between the proportion of Immigrants from Caribbean and per capita income in the United States with a correlation coefficient (R) of -0.625 and weighted average of $37,254, a difference of 12.8%.

Per Capita Income Correlation Summary

Measurement	Panamanian	Immigrants from Caribbean
Minimum	$15,844	$17,858
Maximum	$86,907	$48,292
Range	$71,063	$30,434
Mean	$39,085	$32,742
Median	$37,643	$32,401
Interquartile 25% (IQ1)	$29,415	$28,636
Interquartile 75% (IQ3)	$45,746	$36,630
Interquartile Range (IQR)	$16,331	$7,994
Standard Deviation (Sample)	$14,450	$6,475
Standard Deviation (Population)	$14,333	$6,453

Similar Demographics by Per Capita Income

Demographics Similar to Panamanians by Per Capita Income

In terms of per capita income, the demographic groups most similar to Panamanians are Venezuelan ($42,074, a difference of 0.090%), Immigrants from Sudan ($41,986, a difference of 0.12%), Ecuadorian ($41,958, a difference of 0.18%), Ghanaian ($42,164, a difference of 0.31%), and White/Caucasian ($42,180, a difference of 0.35%).

Demographics	Rating \| Rank	Per Capita Income
Immigrants \| Thailand	17.6 /100 \| #201	Poor $42,289
Immigrants \| Bosnia and Herzegovina	17.5 /100 \| #202	Poor $42,278
Spanish	17.0 /100 \| #203	Poor $42,249
Aleuts	16.4 /100 \| #204	Poor $42,210
Whites/Caucasians	15.9 /100 \| #205	Poor $42,180
Ghanaians	15.7 /100 \| #206	Poor $42,164
Venezuelans	14.4 /100 \| #207	Poor $42,074
Panamanians	13.9 /100 \| #208	Poor $42,035
Immigrants \| Sudan	13.2 /100 \| #209	Poor $41,986
Ecuadorians	12.9 /100 \| #210	Poor $41,958
Immigrants \| Panama	11.6 /100 \| #211	Poor $41,853
Immigrants \| Senegal	11.3 /100 \| #212	Poor $41,830
Immigrants \| Venezuela	10.2 /100 \| #213	Poor $41,727
Immigrants \| Bangladesh	10.1 /100 \| #214	Poor $41,709
Sudanese	9.9 /100 \| #215	Tragic $41,695

Demographics Similar to Immigrants from Caribbean by Per Capita Income

In terms of per capita income, the demographic groups most similar to Immigrants from Caribbean are Haitian ($37,289, a difference of 0.090%), Indonesian ($37,300, a difference of 0.12%), Immigrants from Dominican Republic ($37,306, a difference of 0.14%), Cherokee ($37,203, a difference of 0.14%), and Immigrants from Bahamas ($37,193, a difference of 0.17%).

Demographics	Rating \| Rank	Per Capita Income
Cajuns	0.1 /100 \| #291	Tragic $37,527
Immigrants \| Micronesia	0.1 /100 \| #292	Tragic $37,464
Mexican American Indians	0.1 /100 \| #293	Tragic $37,407
Cubans	0.1 /100 \| #294	Tragic $37,383
Immigrants \| Dominican Republic	0.1 /100 \| #295	Tragic $37,306
Indonesians	0.1 /100 \| #296	Tragic $37,300
Haitians	0.1 /100 \| #297	Tragic $37,289
Immigrants \| Caribbean	0.1 /100 \| #298	Tragic $37,254
Cherokee	0.1 /100 \| #299	Tragic $37,203
Immigrants \| Bahamas	0.1 /100 \| #300	Tragic $37,193
Ottawa	0.1 /100 \| #301	Tragic $37,101
Shoshone	0.1 /100 \| #302	Tragic $37,072
Paiute	0.1 /100 \| #303	Tragic $37,066
Hondurans	0.1 /100 \| #304	Tragic $37,031
Inupiat	0.1 /100 \| #305	Tragic $36,999