Immigrants from Panama vs Bahamian Median Family Income

The statistical analysis conducted on geographies consisting of 221,145,724 people shows a poor positive correlation between the proportion of Immigrants from Panama and median family income in the United States with a correlation coefficient (R) of 0.149 and weighted average of $95,647. Similarly, the statistical analysis conducted on geographies consisting of 112,596,489 people shows a moderate negative correlation between the proportion of Bahamians and median family income in the United States with a correlation coefficient (R) of -0.422 and weighted average of $82,631, a difference of 15.8%.

Median Family Income Correlation Summary

Measurement	Immigrants from Panama	Bahamian
Minimum	$54,583	$37,231
Maximum	$143,854	$118,067
Range	$89,271	$80,836
Mean	$93,119	$71,118
Median	$92,830	$71,812
Interquartile 25% (IQ1)	$80,245	$59,044
Interquartile 75% (IQ3)	$103,110	$86,176
Interquartile Range (IQR)	$22,865	$27,132
Standard Deviation (Sample)	$22,241	$17,647
Standard Deviation (Population)	$21,880	$17,499

Similar Demographics by Median Family Income

Demographics Similar to Immigrants from Panama by Median Family Income

In terms of median family income, the demographic groups most similar to Immigrants from Panama are Alaska Native ($95,573, a difference of 0.080%), Immigrants from the Azores ($95,402, a difference of 0.26%), Marshallese ($95,293, a difference of 0.37%), Malaysian ($95,230, a difference of 0.44%), and Vietnamese ($96,123, a difference of 0.50%).

Demographics	Rating \| Rank	Median Family Income
Delaware	5.1 /100 \| #219	Tragic $96,958
Sudanese	4.7 /100 \| #220	Tragic $96,783
Immigrants \| Ghana	4.2 /100 \| #221	Tragic $96,544
Immigrants \| Nigeria	4.0 /100 \| #222	Tragic $96,439
Venezuelans	3.7 /100 \| #223	Tragic $96,281
Immigrants \| Nonimmigrants	3.6 /100 \| #224	Tragic $96,231
Vietnamese	3.4 /100 \| #225	Tragic $96,123
Immigrants \| Panama	2.7 /100 \| #226	Tragic $95,647
Alaska Natives	2.6 /100 \| #227	Tragic $95,573
Immigrants \| Azores	2.4 /100 \| #228	Tragic $95,402
Marshallese	2.2 /100 \| #229	Tragic $95,293
Malaysians	2.2 /100 \| #230	Tragic $95,230
Ecuadorians	2.1 /100 \| #231	Tragic $95,114
Immigrants \| Venezuela	1.9 /100 \| #232	Tragic $94,904
Immigrants \| Bangladesh	1.6 /100 \| #233	Tragic $94,665

Demographics Similar to Bahamians by Median Family Income

In terms of median family income, the demographic groups most similar to Bahamians are Creek ($82,560, a difference of 0.090%), Sioux ($82,386, a difference of 0.30%), Dominican ($82,888, a difference of 0.31%), Immigrants from Congo ($82,216, a difference of 0.51%), and Arapaho ($82,064, a difference of 0.69%).

Demographics	Rating \| Rank	Median Family Income
Immigrants \| Haiti	0.0 /100 \| #316	Tragic $84,018
Yakama	0.0 /100 \| #317	Tragic $83,932
Immigrants \| Mexico	0.0 /100 \| #318	Tragic $83,639
Immigrants \| Honduras	0.0 /100 \| #319	Tragic $83,618
Seminole	0.0 /100 \| #320	Tragic $83,354
Immigrants \| Caribbean	0.0 /100 \| #321	Tragic $83,319
Dominicans	0.0 /100 \| #322	Tragic $82,888
Bahamians	0.0 /100 \| #323	Tragic $82,631
Creek	0.0 /100 \| #324	Tragic $82,560
Sioux	0.0 /100 \| #325	Tragic $82,386
Immigrants \| Congo	0.0 /100 \| #326	Tragic $82,216
Arapaho	0.0 /100 \| #327	Tragic $82,064
Blacks/African Americans	0.0 /100 \| #328	Tragic $81,912
Dutch West Indians	0.0 /100 \| #329	Tragic $81,852
Cheyenne	0.0 /100 \| #330	Tragic $81,385