Immigrants from Panama vs Japanese 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 249,040,762 people shows a substantial negative correlation between the proportion of Japanese and median household income in the United States with a correlation coefficient (R) of -0.509 and weighted average of $83,395, a difference of 3.1%.

Median Household Income Correlation Summary

Measurement	Immigrants from Panama	Japanese
Minimum	$35,430	$25,982
Maximum	$130,979	$108,958
Range	$95,549	$82,976
Mean	$71,805	$68,760
Median	$75,655	$73,852
Interquartile 25% (IQ1)	$53,712	$50,038
Interquartile 75% (IQ3)	$82,267	$83,119
Interquartile Range (IQR)	$28,555	$33,081
Standard Deviation (Sample)	$23,036	$21,079
Standard Deviation (Population)	$22,661	$20,843

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 Japanese by Median Household Income

In terms of median household income, the demographic groups most similar to Japanese are German ($83,358, a difference of 0.040%), Aleut ($83,446, a difference of 0.060%), Tsimshian ($83,346, a difference of 0.060%), Spanish ($83,343, a difference of 0.060%), and Immigrants from Thailand ($83,327, a difference of 0.080%).

Demographics	Rating \| Rank	Median Household Income
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
Germans	24.6 /100 \| #199	Fair $83,358
Tsimshian	24.5 /100 \| #200	Fair $83,346
Spanish	24.4 /100 \| #201	Fair $83,343
Immigrants \| Thailand	24.3 /100 \| #202	Fair $83,327
Immigrants \| Cambodia	24.0 /100 \| #203	Fair $83,304
Immigrants \| Africa	23.8 /100 \| #204	Fair $83,289
Celtics	22.7 /100 \| #205	Fair $83,193