Spanish vs Immigrants from Panama Median Household Income

The statistical analysis conducted on geographies consisting of 421,807,066 people shows a weak negative correlation between the proportion of Spanish and median household income in the United States with a correlation coefficient (R) of -0.235 and weighted average of $83,343. 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 3.0%.

Median Household Income Correlation Summary

Measurement	Spanish	Immigrants from Panama
Minimum	$15,577	$35,430
Maximum	$103,194	$130,979
Range	$87,617	$95,549
Mean	$61,640	$71,805
Median	$62,411	$75,655
Interquartile 25% (IQ1)	$53,047	$53,712
Interquartile 75% (IQ3)	$75,942	$82,267
Interquartile Range (IQR)	$22,895	$28,555
Standard Deviation (Sample)	$18,137	$23,036
Standard Deviation (Population)	$18,021	$22,661

Similar Demographics by Median Household Income

Demographics Similar to Spanish by Median Household Income

In terms of median household income, the demographic groups most similar to Spanish are Tsimshian ($83,346, a difference of 0.0%), German ($83,358, a difference of 0.020%), Immigrants from Thailand ($83,327, a difference of 0.020%), Immigrants from Cambodia ($83,304, a difference of 0.050%), and Japanese ($83,395, a difference of 0.060%).

Demographics	Rating \| Rank	Median Household Income
Ghanaians	27.4 /100 \| #194	Fair $83,582
Immigrants \| Armenia	27.0 /100 \| #195	Fair $83,555
French	26.0 /100 \| #196	Fair $83,468
Aleuts	25.7 /100 \| #197	Fair $83,446
Japanese	25.1 /100 \| #198	Fair $83,395
Germans	24.6 /100 \| #199	Fair $83,358
Tsimshian	24.5 /100 \| #200	Fair $83,346
Spanish	24.4 /100 \| #201	Fair $83,343
Immigrants \| Thailand	24.3 /100 \| #202	Fair $83,327
Immigrants \| Cambodia	24.0 /100 \| #203	Fair $83,304
Immigrants \| Africa	23.8 /100 \| #204	Fair $83,289
Celtics	22.7 /100 \| #205	Fair $83,193
Immigrants \| Kenya	21.3 /100 \| #206	Fair $83,068
Dutch	20.3 /100 \| #207	Fair $82,971
French Canadians	18.7 /100 \| #208	Poor $82,810

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