Panamanian vs Nepalese Median Household Income

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. Similarly, the statistical analysis conducted on geographies consisting of 24,521,755 people shows a moderate negative correlation between the proportion of Nepalese and median household income in the United States with a correlation coefficient (R) of -0.485 and weighted average of $82,410, a difference of 0.17%.

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%), Venezuelan ($82,432, a difference of 0.20%), Salvadoran ($82,449, a difference of 0.22%), and Ecuadorian ($82,070, a difference of 0.25%). Similarly, the demographic groups most similar to Nepalese are Venezuelan ($82,432, a difference of 0.030%), Salvadoran ($82,449, a difference of 0.050%), Immigrants from Uruguay ($82,560, a difference of 0.18%), Vietnamese ($82,248, a difference of 0.20%), and Immigrants from Iraq ($82,594, a difference of 0.22%).