Immigrants from Panama vs Spanish Median Family Income

The statistical analysis conducted on geographies consisting of 221,145,724 people shows a poor positive correlation between the proportion of Immigrants from Panama and median family income in the United States with a correlation coefficient (R) of 0.149 and weighted average of $95,647. Similarly, the statistical analysis conducted on geographies consisting of 421,758,667 people shows a mild negative correlation between the proportion of Spanish and median family income in the United States with a correlation coefficient (R) of -0.356 and weighted average of $99,977, a difference of 4.5%.

Median Family Income Correlation Summary

Measurement	Immigrants from Panama	Spanish
Minimum	$54,583	$32,992
Maximum	$143,854	$127,945
Range	$89,271	$94,953
Mean	$93,119	$78,597
Median	$92,830	$75,704
Interquartile 25% (IQ1)	$80,245	$66,829
Interquartile 75% (IQ3)	$103,110	$90,296
Interquartile Range (IQR)	$22,865	$23,466
Standard Deviation (Sample)	$22,241	$17,174
Standard Deviation (Population)	$21,880	$17,054

Similar Demographics by Median Family Income

Demographics Similar to Immigrants from Panama by Median Family Income

In terms of median family income, the demographic groups most similar to Immigrants from Panama are Alaska Native ($95,573, a difference of 0.080%), Immigrants from the Azores ($95,402, a difference of 0.26%), Marshallese ($95,293, a difference of 0.37%), Malaysian ($95,230, a difference of 0.44%), and Vietnamese ($96,123, a difference of 0.50%).

Demographics	Rating \| Rank	Median Family Income
Delaware	5.1 /100 \| #219	Tragic $96,958
Sudanese	4.7 /100 \| #220	Tragic $96,783
Immigrants \| Ghana	4.2 /100 \| #221	Tragic $96,544
Immigrants \| Nigeria	4.0 /100 \| #222	Tragic $96,439
Venezuelans	3.7 /100 \| #223	Tragic $96,281
Immigrants \| Nonimmigrants	3.6 /100 \| #224	Tragic $96,231
Vietnamese	3.4 /100 \| #225	Tragic $96,123
Immigrants \| Panama	2.7 /100 \| #226	Tragic $95,647
Alaska Natives	2.6 /100 \| #227	Tragic $95,573
Immigrants \| Azores	2.4 /100 \| #228	Tragic $95,402
Marshallese	2.2 /100 \| #229	Tragic $95,293
Malaysians	2.2 /100 \| #230	Tragic $95,230
Ecuadorians	2.1 /100 \| #231	Tragic $95,114
Immigrants \| Venezuela	1.9 /100 \| #232	Tragic $94,904
Immigrants \| Bangladesh	1.6 /100 \| #233	Tragic $94,665

Demographics Similar to Spanish by Median Family Income

In terms of median family income, the demographic groups most similar to Spanish are Yugoslavian ($100,119, a difference of 0.14%), Immigrants from Thailand ($99,840, a difference of 0.14%), White/Caucasian ($99,800, a difference of 0.18%), Immigrants from Africa ($100,256, a difference of 0.28%), and Immigrants from Cameroon ($100,289, a difference of 0.31%).

Demographics	Rating \| Rank	Median Family Income
Iraqis	26.3 /100 \| #193	Fair $100,658
Uruguayans	26.3 /100 \| #194	Fair $100,656
Immigrants \| South America	23.9 /100 \| #195	Fair $100,414
Samoans	23.3 /100 \| #196	Fair $100,344
Immigrants \| Cameroon	22.8 /100 \| #197	Fair $100,289
Immigrants \| Africa	22.5 /100 \| #198	Fair $100,256
Yugoslavians	21.3 /100 \| #199	Fair $100,119
Spanish	20.1 /100 \| #200	Fair $99,977
Immigrants \| Thailand	19.0 /100 \| #201	Poor $99,840
Whites/Caucasians	18.7 /100 \| #202	Poor $99,800
Scotch-Irish	17.1 /100 \| #203	Poor $99,591
Ghanaians	12.6 /100 \| #204	Poor $98,877
Hawaiians	12.5 /100 \| #205	Poor $98,869
Immigrants \| Iraq	12.1 /100 \| #206	Poor $98,786
Aleuts	11.6 /100 \| #207	Poor $98,702