Immigrants from Panama vs Icelander 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 159,597,543 people shows a poor negative correlation between the proportion of Icelanders and median family income in the United States with a correlation coefficient (R) of -0.141 and weighted average of $104,282, a difference of 9.0%.

Median Family Income Correlation Summary

Measurement	Immigrants from Panama	Icelander
Minimum	$54,583	$56,250
Maximum	$143,854	$165,003
Range	$89,271	$108,753
Mean	$93,119	$93,671
Median	$92,830	$90,899
Interquartile 25% (IQ1)	$80,245	$75,543
Interquartile 75% (IQ3)	$103,110	$106,880
Interquartile Range (IQR)	$22,865	$31,337
Standard Deviation (Sample)	$22,241	$25,058
Standard Deviation (Population)	$21,880	$24,750

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 Icelanders by Median Family Income

In terms of median family income, the demographic groups most similar to Icelanders are Scottish ($104,288, a difference of 0.010%), Swiss ($104,396, a difference of 0.11%), Scandinavian ($104,410, a difference of 0.12%), Moroccan ($104,488, a difference of 0.20%), and Immigrants from Sierra Leone ($103,990, a difference of 0.28%).

Demographics	Rating \| Rank	Median Family Income
Immigrants \| Nepal	76.3 /100 \| #154	Good $104,966
Native Hawaiians	75.8 /100 \| #155	Good $104,910
Basques	74.4 /100 \| #156	Good $104,760
Moroccans	71.6 /100 \| #157	Good $104,488
Scandinavians	70.8 /100 \| #158	Good $104,410
Swiss	70.7 /100 \| #159	Good $104,396
Scottish	69.5 /100 \| #160	Good $104,288
Icelanders	69.4 /100 \| #161	Good $104,282
Immigrants \| Sierra Leone	66.2 /100 \| #162	Good $103,990
Costa Ricans	66.2 /100 \| #163	Good $103,989
Sierra Leoneans	64.7 /100 \| #164	Good $103,859
Slovaks	63.1 /100 \| #165	Good $103,729
English	62.6 /100 \| #166	Good $103,684
South American Indians	61.9 /100 \| #167	Good $103,624
Immigrants \| Peru	60.8 /100 \| #168	Good $103,534