Armenian vs Panamanian Median Earnings

The statistical analysis conducted on geographies consisting of 310,945,861 people shows a poor negative correlation between the proportion of Armenians and median earnings in the United States with a correlation coefficient (R) of -0.148 and weighted average of $49,804. Similarly, the statistical analysis conducted on geographies consisting of 281,227,133 people shows a poor negative correlation between the proportion of Panamanians and median earnings in the United States with a correlation coefficient (R) of -0.196 and weighted average of $45,593, a difference of 9.2%.

In terms of median earnings, the demographic groups most similar to Armenians are Immigrants from Argentina ($49,841, a difference of 0.070%), Croatian ($49,724, a difference of 0.16%), Immigrants from England ($49,722, a difference of 0.16%), Macedonian ($49,893, a difference of 0.18%), and Italian ($49,915, a difference of 0.22%).

In terms of median earnings, the demographic groups most similar to Panamanians are Bermudan ($45,593, a difference of 0.0%), Immigrants from Bosnia and Herzegovina ($45,600, a difference of 0.010%), Immigrants from Thailand ($45,598, a difference of 0.010%), Immigrants from Grenada ($45,596, a difference of 0.010%), and Immigrants from Senegal ($45,611, a difference of 0.040%).