Immigrants from Panama vs Scandinavian Median Earnings

The statistical analysis conducted on geographies consisting of 221,169,853 people shows no correlation between the proportion of Immigrants from Panama and median earnings in the United States with a correlation coefficient (R) of 0.010 and weighted average of $45,198. Similarly, the statistical analysis conducted on geographies consisting of 472,554,301 people shows a poor negative correlation between the proportion of Scandinavians and median earnings in the United States with a correlation coefficient (R) of -0.164 and weighted average of $46,433, a difference of 2.7%.

Median Earnings Correlation Summary

Measurement	Immigrants from Panama	Scandinavian
Minimum	$23,516	$2,499
Maximum	$64,519	$129,652
Range	$41,003	$127,153
Mean	$44,283	$43,051
Median	$44,355	$44,555
Interquartile 25% (IQ1)	$39,682	$34,442
Interquartile 75% (IQ3)	$49,375	$48,536
Interquartile Range (IQR)	$9,693	$14,094
Standard Deviation (Sample)	$9,181	$16,928
Standard Deviation (Population)	$9,041	$16,786

Similar Demographics by Median Earnings

Demographics Similar to Immigrants from Panama by Median Earnings

In terms of median earnings, the demographic groups most similar to Immigrants from Panama are White/Caucasian ($45,197, a difference of 0.0%), Immigrants from Guyana ($45,204, a difference of 0.010%), Ecuadorian ($45,214, a difference of 0.030%), West Indian ($45,132, a difference of 0.15%), and Immigrants from Cambodia ($45,090, a difference of 0.24%).

Demographics	Rating \| Rank	Median Earnings
Immigrants \| Bangladesh	22.0 /100 \| #215	Fair $45,532
Guyanese	20.6 /100 \| #216	Fair $45,470
Tlingit-Haida	20.5 /100 \| #217	Fair $45,468
Spanish	19.7 /100 \| #218	Poor $45,432
Dutch	18.4 /100 \| #219	Poor $45,370
Ecuadorians	15.3 /100 \| #220	Poor $45,214
Immigrants \| Guyana	15.1 /100 \| #221	Poor $45,204
Immigrants \| Panama	15.0 /100 \| #222	Poor $45,198
Whites/Caucasians	15.0 /100 \| #223	Poor $45,197
West Indians	13.9 /100 \| #224	Poor $45,132
Immigrants \| Cambodia	13.2 /100 \| #225	Poor $45,090
Immigrants \| Nigeria	12.2 /100 \| #226	Poor $45,030
Native Hawaiians	12.2 /100 \| #227	Poor $45,027
Immigrants \| Iraq	11.6 /100 \| #228	Poor $44,988
Scotch-Irish	10.7 /100 \| #229	Poor $44,924

Demographics Similar to Scandinavians by Median Earnings

In terms of median earnings, the demographic groups most similar to Scandinavians are Ghanaian ($46,440, a difference of 0.020%), Scottish ($46,463, a difference of 0.060%), Kenyan ($46,462, a difference of 0.060%), Basque ($46,399, a difference of 0.070%), and Danish ($46,392, a difference of 0.090%).

Demographics	Rating \| Rank	Median Earnings
Costa Ricans	57.4 /100 \| #167	Average $46,645
Immigrants \| Africa	54.6 /100 \| #168	Average $46,564
Immigrants \| South America	54.0 /100 \| #169	Average $46,548
Immigrants \| Immigrants	51.6 /100 \| #170	Average $46,478
Scottish	51.1 /100 \| #171	Average $46,463
Kenyans	51.0 /100 \| #172	Average $46,462
Ghanaians	50.3 /100 \| #173	Average $46,440
Scandinavians	50.0 /100 \| #174	Average $46,433
Basques	48.8 /100 \| #175	Average $46,399
Danes	48.6 /100 \| #176	Average $46,392
Belgians	48.0 /100 \| #177	Average $46,375
Colombians	47.1 /100 \| #178	Average $46,349
English	46.5 /100 \| #179	Average $46,334
Puget Sound Salish	46.5 /100 \| #180	Average $46,333
Immigrants \| Cameroon	46.4 /100 \| #181	Average $46,329