Immigrants from Mexico vs Panamanian Median Household Income

The statistical analysis conducted on geographies consisting of 513,131,801 people shows a very strong negative correlation between the proportion of Immigrants from Mexico and median household income in the United States with a correlation coefficient (R) of -0.859 and weighted average of $73,160. 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 12.4%.

Median Household Income Correlation Summary

Measurement	Immigrants from Mexico	Panamanian
Minimum	$11,125	$20,556
Maximum	$84,609	$178,834
Range	$73,484	$158,278
Mean	$59,423	$72,362
Median	$61,801	$68,346
Interquartile 25% (IQ1)	$48,735	$51,530
Interquartile 75% (IQ3)	$71,471	$83,972
Interquartile Range (IQR)	$22,736	$32,442
Standard Deviation (Sample)	$16,352	$29,634
Standard Deviation (Population)	$16,282	$29,377

Similar Demographics by Median Household Income

Demographics Similar to Immigrants from Mexico by Median Household Income

In terms of median household income, the demographic groups most similar to Immigrants from Mexico are Haitian ($73,306, a difference of 0.20%), Paiute ($72,959, a difference of 0.27%), Cuban ($73,392, a difference of 0.32%), Indonesian ($72,856, a difference of 0.42%), and Blackfeet ($73,509, a difference of 0.48%).

Demographics	Rating \| Rank	Median Household Income
Bangladeshis	0.1 /100 \| #290	Tragic $74,112
Hispanics or Latinos	0.1 /100 \| #291	Tragic $73,823
Comanche	0.1 /100 \| #292	Tragic $73,747
Immigrants \| Cabo Verde	0.1 /100 \| #293	Tragic $73,515
Blackfeet	0.1 /100 \| #294	Tragic $73,509
Cubans	0.1 /100 \| #295	Tragic $73,392
Haitians	0.1 /100 \| #296	Tragic $73,306
Immigrants \| Mexico	0.0 /100 \| #297	Tragic $73,160
Paiute	0.0 /100 \| #298	Tragic $72,959
Indonesians	0.0 /100 \| #299	Tragic $72,856
Immigrants \| Dominica	0.0 /100 \| #300	Tragic $72,760
Cherokee	0.0 /100 \| #301	Tragic $72,682
Shoshone	0.0 /100 \| #302	Tragic $72,660
Africans	0.0 /100 \| #303	Tragic $72,650
Immigrants \| Haiti	0.0 /100 \| #304	Tragic $72,599

Demographics Similar to Panamanians by Median Household Income

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%).

Demographics	Rating \| Rank	Median Household Income
Dutch	20.3 /100 \| #207	Fair $82,971
French Canadians	18.7 /100 \| #208	Poor $82,810
Immigrants \| Iraq	16.7 /100 \| #209	Poor $82,594
Immigrants \| Uruguay	16.4 /100 \| #210	Poor $82,560
Salvadorans	15.4 /100 \| #211	Poor $82,449
Venezuelans	15.3 /100 \| #212	Poor $82,432
Nepalese	15.1 /100 \| #213	Poor $82,410
Panamanians	14.0 /100 \| #214	Poor $82,272
Vietnamese	13.8 /100 \| #215	Poor $82,248
Yugoslavians	13.3 /100 \| #216	Poor $82,186
Ecuadorians	12.5 /100 \| #217	Poor $82,070
Whites/Caucasians	12.2 /100 \| #218	Poor $82,029
Nigerians	10.3 /100 \| #219	Poor $81,725
Immigrants \| Venezuela	9.0 /100 \| #220	Tragic $81,506
Immigrants \| Ghana	9.0 /100 \| #221	Tragic $81,489