Immigrants from Panama vs Australian Median Earnings

The statistical analysis conducted on geographies consisting of 221,169,853 people shows no correlation between the proportion of Immigrants from Panama and median earnings in the United States with a correlation coefficient (R) of 0.010 and weighted average of $45,198. Similarly, the statistical analysis conducted on geographies consisting of 224,158,339 people shows a moderate negative correlation between the proportion of Australians and median earnings in the United States with a correlation coefficient (R) of -0.447 and weighted average of $52,294, a difference of 15.7%.

Median Earnings Correlation Summary

Measurement	Immigrants from Panama	Australian
Minimum	$23,516	$15,451
Maximum	$64,519	$85,069
Range	$41,003	$69,618
Mean	$44,283	$50,151
Median	$44,355	$47,849
Interquartile 25% (IQ1)	$39,682	$40,819
Interquartile 75% (IQ3)	$49,375	$61,206
Interquartile Range (IQR)	$9,693	$20,387
Standard Deviation (Sample)	$9,181	$16,224
Standard Deviation (Population)	$9,041	$16,081

Similar Demographics by Median Earnings

Demographics Similar to Immigrants from Panama by Median Earnings

In terms of median earnings, the demographic groups most similar to Immigrants from Panama are White/Caucasian ($45,197, a difference of 0.0%), Immigrants from Guyana ($45,204, a difference of 0.010%), Ecuadorian ($45,214, a difference of 0.030%), West Indian ($45,132, a difference of 0.15%), and Immigrants from Cambodia ($45,090, a difference of 0.24%).

Demographics	Rating \| Rank	Median Earnings
Immigrants \| Bangladesh	22.0 /100 \| #215	Fair $45,532
Guyanese	20.6 /100 \| #216	Fair $45,470
Tlingit-Haida	20.5 /100 \| #217	Fair $45,468
Spanish	19.7 /100 \| #218	Poor $45,432
Dutch	18.4 /100 \| #219	Poor $45,370
Ecuadorians	15.3 /100 \| #220	Poor $45,214
Immigrants \| Guyana	15.1 /100 \| #221	Poor $45,204
Immigrants \| Panama	15.0 /100 \| #222	Poor $45,198
Whites/Caucasians	15.0 /100 \| #223	Poor $45,197
West Indians	13.9 /100 \| #224	Poor $45,132
Immigrants \| Cambodia	13.2 /100 \| #225	Poor $45,090
Immigrants \| Nigeria	12.2 /100 \| #226	Poor $45,030
Native Hawaiians	12.2 /100 \| #227	Poor $45,027
Immigrants \| Iraq	11.6 /100 \| #228	Poor $44,988
Scotch-Irish	10.7 /100 \| #229	Poor $44,924

Demographics Similar to Australians by Median Earnings

In terms of median earnings, the demographic groups most similar to Australians are Bhutanese ($52,297, a difference of 0.010%), Immigrants from Czechoslovakia ($52,361, a difference of 0.13%), Immigrants from Europe ($52,195, a difference of 0.19%), Immigrants from Malaysia ($52,514, a difference of 0.42%), and Bulgarian ($52,512, a difference of 0.42%).

Demographics	Rating \| Rank	Median Earnings
Israelis	100.0 /100 \| #40	Exceptional $52,937
Immigrants \| Lithuania	100.0 /100 \| #41	Exceptional $52,769
Maltese	100.0 /100 \| #42	Exceptional $52,526
Immigrants \| Malaysia	100.0 /100 \| #43	Exceptional $52,514
Bulgarians	100.0 /100 \| #44	Exceptional $52,512
Immigrants \| Czechoslovakia	100.0 /100 \| #45	Exceptional $52,361
Bhutanese	100.0 /100 \| #46	Exceptional $52,297
Australians	100.0 /100 \| #47	Exceptional $52,294
Immigrants \| Europe	100.0 /100 \| #48	Exceptional $52,195
Bolivians	100.0 /100 \| #49	Exceptional $52,005
Immigrants \| South Africa	100.0 /100 \| #50	Exceptional $51,850
Immigrants \| Austria	99.9 /100 \| #51	Exceptional $51,826
Estonians	99.9 /100 \| #52	Exceptional $51,772
Immigrants \| Norway	99.9 /100 \| #53	Exceptional $51,758
Immigrants \| Indonesia	99.9 /100 \| #54	Exceptional $51,715