Panamanian vs Immigrants from Latvia Median Earnings
COMPARE
Panamanian
Immigrants from Latvia
Median Earnings
Median Earnings Comparison
Panamanians
Immigrants from Latvia
$45,593
MEDIAN EARNINGS
23.5/ 100
METRIC RATING
211th/ 347
METRIC RANK
$51,555
MEDIAN EARNINGS
99.9/ 100
METRIC RATING
61st/ 347
METRIC RANK
Panamanian vs Immigrants from Latvia Median Earnings Correlation Chart
The statistical analysis conducted on geographies consisting of 281,227,133 people shows a poor negative correlation between the proportion of Panamanians and median earnings in the United States with a correlation coefficient (R) of -0.196 and weighted average of $45,593. Similarly, the statistical analysis conducted on geographies consisting of 113,739,608 people shows a weak negative correlation between the proportion of Immigrants from Latvia and median earnings in the United States with a correlation coefficient (R) of -0.208 and weighted average of $51,555, a difference of 13.1%.

Median Earnings Correlation Summary
| Measurement | Panamanian | Immigrants from Latvia |
| Minimum | $24,420 | $3,188 |
| Maximum | $90,539 | $88,678 |
| Range | $66,119 | $85,490 |
| Mean | $45,745 | $47,322 |
| Median | $43,597 | $49,671 |
| Interquartile 25% (IQ1) | $37,947 | $34,454 |
| Interquartile 75% (IQ3) | $49,738 | $58,094 |
| Interquartile Range (IQR) | $11,791 | $23,640 |
| Standard Deviation (Sample) | $12,464 | $20,618 |
| Standard Deviation (Population) | $12,348 | $20,294 |
Similar Demographics by Median Earnings
Demographics Similar to Panamanians by Median Earnings
In terms of median earnings, the demographic groups most similar to Panamanians are Bermudan ($45,593, a difference of 0.0%), Immigrants from Bosnia and Herzegovina ($45,600, a difference of 0.010%), Immigrants from Thailand ($45,598, a difference of 0.010%), Immigrants from Grenada ($45,596, a difference of 0.010%), and Immigrants from Senegal ($45,611, a difference of 0.040%).
| Demographics | Rating | Rank | Median Earnings |
| Immigrants | Uruguay | 25.9 /100 | #204 | Fair $45,682 |
| Tongans | 25.4 /100 | #205 | Fair $45,665 |
| Immigrants | Ghana | 24.8 /100 | #206 | Fair $45,641 |
| Immigrants | Senegal | 24.0 /100 | #207 | Fair $45,611 |
| Immigrants | Bosnia and Herzegovina | 23.7 /100 | #208 | Fair $45,600 |
| Immigrants | Thailand | 23.7 /100 | #209 | Fair $45,598 |
| Immigrants | Grenada | 23.6 /100 | #210 | Fair $45,596 |
| Panamanians | 23.5 /100 | #211 | Fair $45,593 |
| Bermudans | 23.5 /100 | #212 | Fair $45,593 |
| Immigrants | Colombia | 22.4 /100 | #213 | Fair $45,550 |
| Nigerians | 22.0 /100 | #214 | Fair $45,532 |
| Immigrants | Bangladesh | 22.0 /100 | #215 | Fair $45,532 |
| Guyanese | 20.6 /100 | #216 | Fair $45,470 |
| Tlingit-Haida | 20.5 /100 | #217 | Fair $45,468 |
| Spanish | 19.7 /100 | #218 | Poor $45,432 |
Demographics Similar to Immigrants from Latvia by Median Earnings
In terms of median earnings, the demographic groups most similar to Immigrants from Latvia are Immigrants from Serbia ($51,557, a difference of 0.0%), Immigrants from Croatia ($51,581, a difference of 0.050%), Immigrants from Bolivia ($51,605, a difference of 0.10%), Immigrants from Eastern Europe ($51,624, a difference of 0.13%), and Immigrants from Pakistan ($51,693, a difference of 0.27%).
| Demographics | Rating | Rank | Median Earnings |
| Immigrants | Indonesia | 99.9 /100 | #54 | Exceptional $51,715 |
| Egyptians | 99.9 /100 | #55 | Exceptional $51,701 |
| Immigrants | Pakistan | 99.9 /100 | #56 | Exceptional $51,693 |
| Immigrants | Eastern Europe | 99.9 /100 | #57 | Exceptional $51,624 |
| Immigrants | Bolivia | 99.9 /100 | #58 | Exceptional $51,605 |
| Immigrants | Croatia | 99.9 /100 | #59 | Exceptional $51,581 |
| Immigrants | Serbia | 99.9 /100 | #60 | Exceptional $51,557 |
| Immigrants | Latvia | 99.9 /100 | #61 | Exceptional $51,555 |
| Immigrants | Romania | 99.9 /100 | #62 | Exceptional $51,337 |
| Immigrants | Bulgaria | 99.9 /100 | #63 | Exceptional $51,318 |
| New Zealanders | 99.9 /100 | #64 | Exceptional $51,246 |
| Greeks | 99.9 /100 | #65 | Exceptional $51,164 |
| Afghans | 99.9 /100 | #66 | Exceptional $51,112 |
| Immigrants | Spain | 99.9 /100 | #67 | Exceptional $51,092 |
| Paraguayans | 99.9 /100 | #68 | Exceptional $51,068 |