Immigrants from Panama vs Immigrants from Italy Median Household Income

The statistical analysis conducted on geographies consisting of 221,141,293 people shows a substantial negative correlation between the proportion of Immigrants from Panama and median household income in the United States with a correlation coefficient (R) of -0.510 and weighted average of $80,873. Similarly, the statistical analysis conducted on geographies consisting of 324,128,900 people shows a mild negative correlation between the proportion of Immigrants from Italy and median household income in the United States with a correlation coefficient (R) of -0.399 and weighted average of $93,465, a difference of 15.6%.

In terms of median household income, the demographic groups most similar to Immigrants from Panama are Scotch-Irish ($80,972, a difference of 0.12%), Guyanese ($80,734, a difference of 0.17%), Immigrants from Bangladesh ($80,722, a difference of 0.19%), Malaysian ($81,064, a difference of 0.24%), and Immigrants from El Salvador ($81,213, a difference of 0.42%).

In terms of median household income, the demographic groups most similar to Immigrants from Italy are South African ($93,379, a difference of 0.090%), Immigrants from Afghanistan ($93,375, a difference of 0.10%), Immigrants from Latvia ($93,602, a difference of 0.15%), Immigrants from Egypt ($93,700, a difference of 0.25%), and Immigrants from Bulgaria ($93,148, a difference of 0.34%).