Immigrants from Panama vs White/Caucasian 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 583,274,044 people shows a significant positive correlation between the proportion of Whites/Caucasians and median household income in the United States with a correlation coefficient (R) of 0.659 and weighted average of $82,029, a difference of 1.4%.

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%). Similarly, the demographic groups most similar to Whites/Caucasians are Ecuadorian ($82,070, a difference of 0.050%), Yugoslavian ($82,186, a difference of 0.19%), Vietnamese ($82,248, a difference of 0.27%), Panamanian ($82,272, a difference of 0.30%), and Nigerian ($81,725, a difference of 0.37%).