Immigrants from Russia vs Panamanian Median Household Income

The statistical analysis conducted on geographies consisting of 347,675,291 people shows a poor negative correlation between the proportion of Immigrants from Russia and median household income in the United States with a correlation coefficient (R) of -0.193 and weighted average of $96,378. Similarly, the statistical analysis conducted on geographies consisting of 281,034,556 people shows a mild negative correlation between the proportion of Panamanians and median household income in the United States with a correlation coefficient (R) of -0.398 and weighted average of $82,272, a difference of 17.2%.

Median Household Income Correlation Summary

Measurement	Immigrants from Russia	Panamanian
Minimum	$40,467	$20,556
Maximum	$167,656	$178,834
Range	$127,189	$158,278
Mean	$89,609	$72,362
Median	$89,857	$68,346
Interquartile 25% (IQ1)	$70,618	$51,530
Interquartile 75% (IQ3)	$103,868	$83,972
Interquartile Range (IQR)	$33,250	$32,442
Standard Deviation (Sample)	$28,243	$29,634
Standard Deviation (Population)	$27,970	$29,377

Similar Demographics by Median Household Income

Demographics Similar to Immigrants from Russia by Median Household Income

In terms of median household income, the demographic groups most similar to Immigrants from Russia are Cambodian ($96,324, a difference of 0.060%), Immigrants from Malaysia ($96,292, a difference of 0.090%), Bulgarian ($96,290, a difference of 0.090%), Australian ($96,490, a difference of 0.12%), and Israeli ($96,552, a difference of 0.18%).

Demographics	Rating \| Rank	Median Household Income
Maltese	100.0 /100 \| #40	Exceptional $97,015
Immigrants \| Turkey	100.0 /100 \| #41	Exceptional $96,964
Immigrants \| Lithuania	99.9 /100 \| #42	Exceptional $96,836
Immigrants \| France	99.9 /100 \| #43	Exceptional $96,743
Immigrants \| Greece	99.9 /100 \| #44	Exceptional $96,675
Israelis	99.9 /100 \| #45	Exceptional $96,552
Australians	99.9 /100 \| #46	Exceptional $96,490
Immigrants \| Russia	99.9 /100 \| #47	Exceptional $96,378
Cambodians	99.9 /100 \| #48	Exceptional $96,324
Immigrants \| Malaysia	99.9 /100 \| #49	Exceptional $96,292
Bulgarians	99.9 /100 \| #50	Exceptional $96,290
Estonians	99.9 /100 \| #51	Exceptional $95,930
Immigrants \| South Africa	99.9 /100 \| #52	Exceptional $95,800
Paraguayans	99.9 /100 \| #53	Exceptional $95,737
Egyptians	99.9 /100 \| #54	Exceptional $95,673

Demographics Similar to Panamanians by Median Household Income

In terms of median household income, the demographic groups most similar to Panamanians are Vietnamese ($82,248, a difference of 0.030%), Yugoslavian ($82,186, a difference of 0.10%), Nepalese ($82,410, a difference of 0.17%), Venezuelan ($82,432, a difference of 0.20%), and Salvadoran ($82,449, a difference of 0.22%).

Demographics	Rating \| Rank	Median Household Income
Dutch	20.3 /100 \| #207	Fair $82,971
French Canadians	18.7 /100 \| #208	Poor $82,810
Immigrants \| Iraq	16.7 /100 \| #209	Poor $82,594
Immigrants \| Uruguay	16.4 /100 \| #210	Poor $82,560
Salvadorans	15.4 /100 \| #211	Poor $82,449
Venezuelans	15.3 /100 \| #212	Poor $82,432
Nepalese	15.1 /100 \| #213	Poor $82,410
Panamanians	14.0 /100 \| #214	Poor $82,272
Vietnamese	13.8 /100 \| #215	Poor $82,248
Yugoslavians	13.3 /100 \| #216	Poor $82,186
Ecuadorians	12.5 /100 \| #217	Poor $82,070
Whites/Caucasians	12.2 /100 \| #218	Poor $82,029
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