Black/African American vs Panamanian Median Family Income

The statistical analysis conducted on geographies consisting of 564,544,060 people shows a very strong negative correlation between the proportion of Blacks/African Americans and median family income in the United States with a correlation coefficient (R) of -0.837 and weighted average of $81,912. Similarly, the statistical analysis conducted on geographies consisting of 281,027,872 people shows a poor negative correlation between the proportion of Panamanians and median family income in the United States with a correlation coefficient (R) of -0.184 and weighted average of $97,683, a difference of 19.3%.

In terms of median family income, the demographic groups most similar to Blacks/African Americans are Dutch West Indian ($81,852, a difference of 0.070%), Arapaho ($82,064, a difference of 0.18%), Immigrants from Congo ($82,216, a difference of 0.37%), Sioux ($82,386, a difference of 0.58%), and Cheyenne ($81,385, a difference of 0.65%).

In terms of median family income, the demographic groups most similar to Panamanians are Immigrants from Sudan ($97,737, a difference of 0.050%), Immigrants from Armenia ($97,605, a difference of 0.080%), Bermudan ($97,577, a difference of 0.11%), Nigerian ($97,522, a difference of 0.17%), and Immigrants from Bosnia and Herzegovina ($97,432, a difference of 0.26%).