Somali vs Immigrants from Panama Median Household Income

The statistical analysis conducted on geographies consisting of 99,284,368 people shows a significant negative correlation between the proportion of Somalis and median household income in the United States with a correlation coefficient (R) of -0.647 and weighted average of $75,782. 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 6.7%.

Median Household Income Correlation Summary

Measurement	Somali	Immigrants from Panama
Minimum	$24,660	$35,430
Maximum	$111,550	$130,979
Range	$86,890	$95,549
Mean	$71,854	$71,805
Median	$73,292	$75,655
Interquartile 25% (IQ1)	$60,808	$53,712
Interquartile 75% (IQ3)	$81,847	$82,267
Interquartile Range (IQR)	$21,039	$28,555
Standard Deviation (Sample)	$17,515	$23,036
Standard Deviation (Population)	$17,352	$22,661

Similar Demographics by Median Household Income

Demographics Similar to Somalis by Median Household Income

In terms of median household income, the demographic groups most similar to Somalis are Pennsylvania German ($75,814, a difference of 0.040%), Hmong ($75,839, a difference of 0.080%), Immigrants from Jamaica ($75,851, a difference of 0.090%), Cape Verdean ($75,848, a difference of 0.090%), and German Russian ($75,856, a difference of 0.10%).

Demographics	Rating \| Rank	Median Household Income
Immigrants \| Belize	0.3 /100 \| #265	Tragic $75,938
Americans	0.3 /100 \| #266	Tragic $75,932
German Russians	0.3 /100 \| #267	Tragic $75,856
Immigrants \| Jamaica	0.3 /100 \| #268	Tragic $75,851
Cape Verdeans	0.3 /100 \| #269	Tragic $75,848
Hmong	0.3 /100 \| #270	Tragic $75,839
Pennsylvania Germans	0.3 /100 \| #271	Tragic $75,814
Somalis	0.3 /100 \| #272	Tragic $75,782
Liberians	0.2 /100 \| #273	Tragic $75,667
British West Indians	0.2 /100 \| #274	Tragic $75,647
Immigrants \| Micronesia	0.2 /100 \| #275	Tragic $75,574
Immigrants \| Latin America	0.2 /100 \| #276	Tragic $75,420
Spanish Americans	0.2 /100 \| #277	Tragic $75,386
Osage	0.2 /100 \| #278	Tragic $75,240
Immigrants \| Guatemala	0.2 /100 \| #279	Tragic $75,123

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