Chinese vs Panamanian Median Household Income

The statistical analysis conducted on geographies consisting of 64,799,903 people shows no correlation between the proportion of Chinese and median household income in the United States with a correlation coefficient (R) of -0.027 and weighted average of $98,496. Similarly, the statistical analysis conducted on geographies consisting of 281,034,556 people shows a mild negative correlation between the proportion of Panamanians and median household income in the United States with a correlation coefficient (R) of -0.398 and weighted average of $82,272, a difference of 19.7%.

In terms of median household income, the demographic groups most similar to Chinese are Immigrants from Denmark ($98,510, a difference of 0.010%), Russian ($98,008, a difference of 0.50%), Immigrants from Switzerland ($97,979, a difference of 0.53%), Turkish ($99,389, a difference of 0.91%), and Immigrants from Pakistan ($97,528, a difference of 0.99%).

In terms of median household income, the demographic groups most similar to Panamanians are Vietnamese ($82,248, a difference of 0.030%), Yugoslavian ($82,186, a difference of 0.10%), Nepalese ($82,410, a difference of 0.17%), Venezuelan ($82,432, a difference of 0.20%), and Salvadoran ($82,449, a difference of 0.22%).