Immigrants from Panama vs Spaniard 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 443,584,156 people shows a mild negative correlation between the proportion of Spaniards and per capita income in the United States with a correlation coefficient (R) of -0.349 and weighted average of $43,028, a difference of 2.8%.

Per Capita Income Correlation Summary

Measurement	Immigrants from Panama	Spaniard
Minimum	$9,397	$8,290
Maximum	$68,465	$57,272
Range	$59,068	$48,982
Mean	$37,915	$33,214
Median	$38,159	$33,192
Interquartile 25% (IQ1)	$28,812	$26,374
Interquartile 75% (IQ3)	$42,786	$38,222
Interquartile Range (IQR)	$13,974	$11,848
Standard Deviation (Sample)	$12,078	$9,446
Standard Deviation (Population)	$11,909	$9,383

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 Spaniards by Per Capita Income

In terms of per capita income, the demographic groups most similar to Spaniards are Immigrants ($43,010, a difference of 0.040%), French Canadian ($43,003, a difference of 0.060%), German ($43,067, a difference of 0.090%), Immigrants from Colombia ($42,971, a difference of 0.13%), and Immigrants from Africa ($42,950, a difference of 0.18%).

Demographics	Rating \| Rank	Per Capita Income
Tlingit-Haida	45.9 /100 \| #177	Average $43,516
Immigrants \| Costa Rica	44.5 /100 \| #178	Average $43,464
Finns	44.4 /100 \| #179	Average $43,461
Sierra Leoneans	42.9 /100 \| #180	Average $43,405
Welsh	38.2 /100 \| #181	Fair $43,233
Immigrants \| Vietnam	38.1 /100 \| #182	Fair $43,229
Germans	33.9 /100 \| #183	Fair $43,067
Spaniards	32.9 /100 \| #184	Fair $43,028
Immigrants \| Immigrants	32.5 /100 \| #185	Fair $43,010
French Canadians	32.3 /100 \| #186	Fair $43,003
Immigrants \| Colombia	31.5 /100 \| #187	Fair $42,971
Immigrants \| Africa	31.0 /100 \| #188	Fair $42,950
Bermudans	30.1 /100 \| #189	Fair $42,911
Kenyans	27.7 /100 \| #190	Fair $42,808
Yugoslavians	27.4 /100 \| #191	Fair $42,792