Immigrants from Micronesia vs Panamanian Median Household Income

The statistical analysis conducted on geographies consisting of 61,597,439 people shows a poor negative correlation between the proportion of Immigrants from Micronesia and median household income in the United States with a correlation coefficient (R) of -0.186 and weighted average of $75,574. 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 8.9%.

Median Household Income Correlation Summary

Measurement	Immigrants from Micronesia	Panamanian
Minimum	$36,071	$20,556
Maximum	$96,614	$178,834
Range	$60,543	$158,278
Mean	$66,523	$72,362
Median	$68,636	$68,346
Interquartile 25% (IQ1)	$54,388	$51,530
Interquartile 75% (IQ3)	$79,184	$83,972
Interquartile Range (IQR)	$24,796	$32,442
Standard Deviation (Sample)	$16,084	$29,634
Standard Deviation (Population)	$15,887	$29,377

Similar Demographics by Median Household Income

Demographics Similar to Immigrants from Micronesia by Median Household Income

In terms of median household income, the demographic groups most similar to Immigrants from Micronesia are British West Indian ($75,647, a difference of 0.10%), Liberian ($75,667, a difference of 0.12%), Immigrants from Latin America ($75,420, a difference of 0.20%), Spanish American ($75,386, a difference of 0.25%), and Somali ($75,782, a difference of 0.27%).

Demographics	Rating \| Rank	Median Household Income
Immigrants \| Jamaica	0.3 /100 \| #268	Tragic $75,851
Cape Verdeans	0.3 /100 \| #269	Tragic $75,848
Hmong	0.3 /100 \| #270	Tragic $75,839
Pennsylvania Germans	0.3 /100 \| #271	Tragic $75,814
Somalis	0.3 /100 \| #272	Tragic $75,782
Liberians	0.2 /100 \| #273	Tragic $75,667
British West Indians	0.2 /100 \| #274	Tragic $75,647
Immigrants \| Micronesia	0.2 /100 \| #275	Tragic $75,574
Immigrants \| Latin America	0.2 /100 \| #276	Tragic $75,420
Spanish Americans	0.2 /100 \| #277	Tragic $75,386
Osage	0.2 /100 \| #278	Tragic $75,240
Immigrants \| Guatemala	0.2 /100 \| #279	Tragic $75,123
Senegalese	0.2 /100 \| #280	Tragic $74,999
Immigrants \| Liberia	0.1 /100 \| #281	Tragic $74,896
Central American Indians	0.1 /100 \| #282	Tragic $74,847

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