Immigrants from Panama vs Iraqi 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 170,587,047 people shows a poor negative correlation between the proportion of Iraqis and median household income in the United States with a correlation coefficient (R) of -0.145 and weighted average of $83,753, a difference of 3.6%.

Median Household Income Correlation Summary

Measurement	Immigrants from Panama	Iraqi
Minimum	$35,430	$46,565
Maximum	$130,979	$173,015
Range	$95,549	$126,450
Mean	$71,805	$82,738
Median	$75,655	$81,250
Interquartile 25% (IQ1)	$53,712	$68,093
Interquartile 75% (IQ3)	$82,267	$91,098
Interquartile Range (IQR)	$28,555	$23,005
Standard Deviation (Sample)	$23,036	$22,309
Standard Deviation (Population)	$22,661	$22,201

Similar Demographics by Median Household Income

Demographics Similar to Immigrants from Panama by Median Household Income

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%).

Demographics	Rating \| Rank	Median Household Income
Nigerians	10.3 /100 \| #219	Poor $81,725
Immigrants \| Venezuela	9.0 /100 \| #220	Tragic $81,506
Immigrants \| Ghana	9.0 /100 \| #221	Tragic $81,489
Immigrants \| Nigeria	7.7 /100 \| #222	Tragic $81,236
Immigrants \| El Salvador	7.6 /100 \| #223	Tragic $81,213
Malaysians	7.0 /100 \| #224	Tragic $81,064
Scotch-Irish	6.6 /100 \| #225	Tragic $80,972
Immigrants \| Panama	6.2 /100 \| #226	Tragic $80,873
Guyanese	5.7 /100 \| #227	Tragic $80,734
Immigrants \| Bangladesh	5.7 /100 \| #228	Tragic $80,722
Delaware	5.0 /100 \| #229	Tragic $80,527
Bermudans	4.7 /100 \| #230	Tragic $80,406
Trinidadians and Tobagonians	4.7 /100 \| #231	Tragic $80,402
Immigrants \| Trinidad and Tobago	4.6 /100 \| #232	Tragic $80,373
Immigrants \| Azores	4.5 /100 \| #233	Tragic $80,357

Demographics Similar to Iraqis by Median Household Income

In terms of median household income, the demographic groups most similar to Iraqis are Slovak ($83,798, a difference of 0.050%), Welsh ($83,628, a difference of 0.15%), Immigrants from Colombia ($83,902, a difference of 0.18%), Finnish ($83,607, a difference of 0.18%), and Ghanaian ($83,582, a difference of 0.21%).

Demographics	Rating \| Rank	Median Household Income
Immigrants \| Eastern Africa	37.4 /100 \| #184	Fair $84,299
Kenyans	34.2 /100 \| #185	Fair $84,085
Puget Sound Salish	33.2 /100 \| #186	Fair $84,011
Belgians	33.2 /100 \| #187	Fair $84,008
Tlingit-Haida	32.6 /100 \| #188	Fair $83,968
Immigrants \| Colombia	31.7 /100 \| #189	Fair $83,902
Slovaks	30.2 /100 \| #190	Fair $83,798
Iraqis	29.6 /100 \| #191	Fair $83,753
Welsh	28.0 /100 \| #192	Fair $83,628
Finns	27.7 /100 \| #193	Fair $83,607
Ghanaians	27.4 /100 \| #194	Fair $83,582
Immigrants \| Armenia	27.0 /100 \| #195	Fair $83,555
French	26.0 /100 \| #196	Fair $83,468
Aleuts	25.7 /100 \| #197	Fair $83,446
Japanese	25.1 /100 \| #198	Fair $83,395