Venezuelan vs Immigrants from Panama Median Household Income

The statistical analysis conducted on geographies consisting of 306,067,078 people shows no correlation between the proportion of Venezuelans and median household income in the United States with a correlation coefficient (R) of 0.047 and weighted average of $82,432. 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 1.9%.

In terms of median household income, the demographic groups most similar to Venezuelans are Salvadoran ($82,449, a difference of 0.020%), Nepalese ($82,410, a difference of 0.030%), Immigrants from Uruguay ($82,560, a difference of 0.16%), Immigrants from Iraq ($82,594, a difference of 0.20%), and Panamanian ($82,272, a difference of 0.20%). Similarly, 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%).