Immigrants from Panama vs Laotian 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 224,713,642 people shows a weak negative correlation between the proportion of Laotians and median household income in the United States with a correlation coefficient (R) of -0.277 and weighted average of $94,990, a difference of 17.5%.

Median Household Income Correlation Summary

Measurement	Immigrants from Panama	Laotian
Minimum	$35,430	$39,542
Maximum	$130,979	$153,021
Range	$95,549	$113,479
Mean	$71,805	$87,400
Median	$75,655	$85,171
Interquartile 25% (IQ1)	$53,712	$72,352
Interquartile 75% (IQ3)	$82,267	$104,389
Interquartile Range (IQR)	$28,555	$32,037
Standard Deviation (Sample)	$23,036	$23,584
Standard Deviation (Population)	$22,661	$23,302

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 Laotians by Median Household Income

In terms of median household income, the demographic groups most similar to Laotians are Korean ($95,018, a difference of 0.030%), Immigrants from Europe ($95,032, a difference of 0.040%), Soviet Union ($95,098, a difference of 0.11%), Immigrants from Norway ($94,846, a difference of 0.15%), and New Zealander ($95,146, a difference of 0.16%).

Demographics	Rating \| Rank	Median Household Income
Egyptians	99.9 /100 \| #54	Exceptional $95,673
Immigrants \| Czechoslovakia	99.9 /100 \| #55	Exceptional $95,319
Immigrants \| Austria	99.9 /100 \| #56	Exceptional $95,277
New Zealanders	99.8 /100 \| #57	Exceptional $95,146
Soviet Union	99.8 /100 \| #58	Exceptional $95,098
Immigrants \| Europe	99.8 /100 \| #59	Exceptional $95,032
Koreans	99.8 /100 \| #60	Exceptional $95,018
Laotians	99.8 /100 \| #61	Exceptional $94,990
Immigrants \| Norway	99.8 /100 \| #62	Exceptional $94,846
Greeks	99.8 /100 \| #63	Exceptional $94,735
Immigrants \| Netherlands	99.7 /100 \| #64	Exceptional $94,411
Immigrants \| Belarus	99.7 /100 \| #65	Exceptional $94,399
Immigrants \| Romania	99.7 /100 \| #66	Exceptional $94,222
Immigrants \| Scotland	99.7 /100 \| #67	Exceptional $94,091
Mongolians	99.7 /100 \| #68	Exceptional $93,971