Serbian vs Immigrants from Panama Median Household Income

The statistical analysis conducted on geographies consisting of 267,501,646 people shows a poor negative correlation between the proportion of Serbians and median household income in the United States with a correlation coefficient (R) of -0.120 and weighted average of $87,572. 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 8.3%.

Median Household Income Correlation Summary

Measurement	Serbian	Immigrants from Panama
Minimum	$40,500	$35,430
Maximum	$126,567	$130,979
Range	$86,067	$95,549
Mean	$78,611	$71,805
Median	$76,777	$75,655
Interquartile 25% (IQ1)	$67,750	$53,712
Interquartile 75% (IQ3)	$90,729	$82,267
Interquartile Range (IQR)	$22,979	$28,555
Standard Deviation (Sample)	$17,894	$23,036
Standard Deviation (Population)	$17,703	$22,661

Similar Demographics by Median Household Income

Demographics Similar to Serbians by Median Household Income

In terms of median household income, the demographic groups most similar to Serbians are Ugandan ($87,557, a difference of 0.020%), Immigrants from Uganda ($87,553, a difference of 0.020%), Danish ($87,676, a difference of 0.12%), South American Indian ($87,446, a difference of 0.14%), and Canadian ($87,769, a difference of 0.22%).

Demographics	Rating \| Rank	Median Household Income
Sierra Leoneans	89.6 /100 \| #137	Excellent $88,463
Arabs	89.2 /100 \| #138	Excellent $88,398
Immigrants \| Chile	89.2 /100 \| #139	Excellent $88,388
Lebanese	87.2 /100 \| #140	Excellent $88,091
Immigrants \| Morocco	86.0 /100 \| #141	Excellent $87,930
Canadians	84.7 /100 \| #142	Excellent $87,769
Danes	83.9 /100 \| #143	Excellent $87,676
Serbians	83.0 /100 \| #144	Excellent $87,572
Ugandans	82.9 /100 \| #145	Excellent $87,557
Immigrants \| Uganda	82.8 /100 \| #146	Excellent $87,553
South American Indians	81.8 /100 \| #147	Excellent $87,446
Costa Ricans	80.0 /100 \| #148	Excellent $87,262
Immigrants \| Nepal	77.7 /100 \| #149	Good $87,046
Basques	77.2 /100 \| #150	Good $87,001
Hungarians	76.3 /100 \| #151	Good $86,920

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