German vs Panamanian Median Household Income

The statistical analysis conducted on geographies consisting of 579,647,874 people shows no correlation between the proportion of Germans and median household income in the United States with a correlation coefficient (R) of -0.033 and weighted average of $83,358. 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 1.3%.

In terms of median household income, the demographic groups most similar to Germans are Tsimshian ($83,346, a difference of 0.010%), Spanish ($83,343, a difference of 0.020%), Japanese ($83,395, a difference of 0.040%), Immigrants from Thailand ($83,327, a difference of 0.040%), and Immigrants from Cambodia ($83,304, a difference of 0.070%). Similarly, 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%).