Immigrants from Iran vs Panamanian Median Household Income

The statistical analysis conducted on geographies consisting of 279,821,960 people shows a weak negative correlation between the proportion of Immigrants from Iran and median household income in the United States with a correlation coefficient (R) of -0.276 and weighted average of $108,055. 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 31.3%.

In terms of median household income, the demographic groups most similar to Immigrants from Iran are Okinawan ($106,624, a difference of 1.3%), Iranian ($109,835, a difference of 1.7%), Immigrants from South Central Asia ($106,057, a difference of 1.9%), Immigrants from Singapore ($110,428, a difference of 2.2%), and Thai ($110,648, a difference of 2.4%).

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%).