Immigrants from Panama vs Spaniard 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 443,014,990 people shows a poor negative correlation between the proportion of Spaniards and median household income in the United States with a correlation coefficient (R) of -0.111 and weighted average of $84,644, a difference of 4.7%.

Median Household Income Correlation Summary

Measurement	Immigrants from Panama	Spaniard
Minimum	$35,430	$28,571
Maximum	$130,979	$125,625
Range	$95,549	$97,054
Mean	$71,805	$67,731
Median	$75,655	$65,475
Interquartile 25% (IQ1)	$53,712	$55,726
Interquartile 75% (IQ3)	$82,267	$77,042
Interquartile Range (IQR)	$28,555	$21,316
Standard Deviation (Sample)	$23,036	$18,232
Standard Deviation (Population)	$22,661	$18,096

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 Spaniards by Median Household Income

In terms of median household income, the demographic groups most similar to Spaniards are Uruguayan ($84,691, a difference of 0.060%), Hawaiian ($84,729, a difference of 0.10%), Immigrants from Portugal ($84,740, a difference of 0.11%), English ($84,915, a difference of 0.32%), and Czechoslovakian ($84,965, a difference of 0.38%).

Demographics	Rating \| Rank	Median Household Income
Alsatians	49.2 /100 \| #176	Average $85,053
Immigrants \| Eritrea	48.8 /100 \| #177	Average $85,025
Czechoslovakians	47.8 /100 \| #178	Average $84,965
English	47.0 /100 \| #179	Average $84,915
Immigrants \| Portugal	44.2 /100 \| #180	Average $84,740
Hawaiians	44.1 /100 \| #181	Average $84,729
Uruguayans	43.5 /100 \| #182	Average $84,691
Spaniards	42.7 /100 \| #183	Average $84,644
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