Immigrants from Panama vs Icelander 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 159,666,599 people shows a substantial positive correlation between the proportion of Icelanders and median earnings in the United States with a correlation coefficient (R) of 0.562 and weighted average of $46,916, a difference of 3.8%.

Median Earnings Correlation Summary

Measurement	Immigrants from Panama	Icelander
Minimum	$23,516	$19,583
Maximum	$64,519	$115,625
Range	$41,003	$96,042
Mean	$44,283	$48,186
Median	$44,355	$44,536
Interquartile 25% (IQ1)	$39,682	$38,407
Interquartile 75% (IQ3)	$49,375	$50,498
Interquartile Range (IQR)	$9,693	$12,091
Standard Deviation (Sample)	$9,181	$17,953
Standard Deviation (Population)	$9,041	$17,732

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 Icelanders by Median Earnings

In terms of median earnings, the demographic groups most similar to Icelanders are South American Indian ($46,952, a difference of 0.080%), Immigrants from Eastern Africa ($46,969, a difference of 0.11%), Norwegian ($46,865, a difference of 0.11%), Immigrants from Peru ($47,025, a difference of 0.23%), and Alsatian ($47,023, a difference of 0.23%).

Demographics	Rating \| Rank	Median Earnings
Irish	76.6 /100 \| #156	Good $47,276
Czechs	75.1 /100 \| #157	Good $47,221
Slovaks	71.7 /100 \| #158	Good $47,095
Immigrants \| Peru	69.6 /100 \| #159	Good $47,025
Alsatians	69.6 /100 \| #160	Good $47,023
Immigrants \| Eastern Africa	68.0 /100 \| #161	Good $46,969
South American Indians	67.4 /100 \| #162	Good $46,952
Icelanders	66.3 /100 \| #163	Good $46,916
Norwegians	64.7 /100 \| #164	Good $46,865
South Americans	62.7 /100 \| #165	Good $46,804
Czechoslovakians	57.8 /100 \| #166	Average $46,658
Costa Ricans	57.4 /100 \| #167	Average $46,645
Immigrants \| Africa	54.6 /100 \| #168	Average $46,564
Immigrants \| South America	54.0 /100 \| #169	Average $46,548
Immigrants \| Immigrants	51.6 /100 \| #170	Average $46,478