Japanese vs Panamanian Median Household Income

The statistical analysis conducted on geographies consisting of 249,040,762 people shows a substantial negative correlation between the proportion of Japanese and median household income in the United States with a correlation coefficient (R) of -0.509 and weighted average of $83,395. 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 1.4%.

In terms of median household income, the demographic groups most similar to Japanese are German ($83,358, a difference of 0.040%), Aleut ($83,446, a difference of 0.060%), Tsimshian ($83,346, a difference of 0.060%), Spanish ($83,343, a difference of 0.060%), and Immigrants from Thailand ($83,327, a difference of 0.080%). Similarly, 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%).