Immigrants from Panama vs Scandinavian Per Capita Income

The statistical analysis conducted on geographies consisting of 221,187,071 people shows a poor negative correlation between the proportion of Immigrants from Panama and per capita income in the United States with a correlation coefficient (R) of -0.133 and weighted average of $41,853. Similarly, the statistical analysis conducted on geographies consisting of 472,676,138 people shows a poor negative correlation between the proportion of Scandinavians and per capita income in the United States with a correlation coefficient (R) of -0.176 and weighted average of $43,848, a difference of 4.8%.

Per Capita Income Correlation Summary

Measurement	Immigrants from Panama	Scandinavian
Minimum	$9,397	$15,911
Maximum	$68,465	$77,383
Range	$59,068	$61,472
Mean	$37,915	$40,106
Median	$38,159	$39,048
Interquartile 25% (IQ1)	$28,812	$30,666
Interquartile 75% (IQ3)	$42,786	$45,055
Interquartile Range (IQR)	$13,974	$14,389
Standard Deviation (Sample)	$12,078	$13,782
Standard Deviation (Population)	$11,909	$13,683

Similar Demographics by Per Capita Income

Demographics Similar to Immigrants from Panama by Per Capita Income

In terms of per capita income, the demographic groups most similar to Immigrants from Panama are Immigrants from Senegal ($41,830, a difference of 0.050%), Ecuadorian ($41,958, a difference of 0.25%), Immigrants from Venezuela ($41,727, a difference of 0.30%), Immigrants from Sudan ($41,986, a difference of 0.32%), and Immigrants from Bangladesh ($41,709, a difference of 0.34%).

Demographics	Rating \| Rank	Per Capita Income
Aleuts	16.4 /100 \| #204	Poor $42,210
Whites/Caucasians	15.9 /100 \| #205	Poor $42,180
Ghanaians	15.7 /100 \| #206	Poor $42,164
Venezuelans	14.4 /100 \| #207	Poor $42,074
Panamanians	13.9 /100 \| #208	Poor $42,035
Immigrants \| Sudan	13.2 /100 \| #209	Poor $41,986
Ecuadorians	12.9 /100 \| #210	Poor $41,958
Immigrants \| Panama	11.6 /100 \| #211	Poor $41,853
Immigrants \| Senegal	11.3 /100 \| #212	Poor $41,830
Immigrants \| Venezuela	10.2 /100 \| #213	Poor $41,727
Immigrants \| Bangladesh	10.1 /100 \| #214	Poor $41,709
Sudanese	9.9 /100 \| #215	Tragic $41,695
Tongans	9.9 /100 \| #216	Tragic $41,693
Guamanians/Chamorros	9.7 /100 \| #217	Tragic $41,678
Trinidadians and Tobagonians	9.5 /100 \| #218	Tragic $41,655

Demographics Similar to Scandinavians by Per Capita Income

In terms of per capita income, the demographic groups most similar to Scandinavians are Immigrants from Peru ($43,852, a difference of 0.010%), Immigrants from Eastern Africa ($43,838, a difference of 0.020%), Czechoslovakian ($43,806, a difference of 0.090%), Belgian ($43,951, a difference of 0.24%), and English ($43,982, a difference of 0.31%).

Demographics	Rating \| Rank	Per Capita Income
Immigrants \| South America	61.2 /100 \| #163	Good $44,068
Sri Lankans	59.8 /100 \| #164	Average $44,014
Immigrants \| Philippines	59.4 /100 \| #165	Average $44,000
Immigrants \| Uruguay	59.3 /100 \| #166	Average $43,997
English	58.9 /100 \| #167	Average $43,982
Belgians	58.1 /100 \| #168	Average $43,951
Immigrants \| Peru	55.3 /100 \| #169	Average $43,852
Scandinavians	55.2 /100 \| #170	Average $43,848
Immigrants \| Eastern Africa	54.9 /100 \| #171	Average $43,838
Czechoslovakians	54.1 /100 \| #172	Average $43,806
French	50.7 /100 \| #173	Average $43,685
Colombians	50.0 /100 \| #174	Average $43,661
Celtics	48.9 /100 \| #175	Average $43,621
Immigrants \| South Eastern Asia	46.6 /100 \| #176	Average $43,539
Tlingit-Haida	45.9 /100 \| #177	Average $43,516