Panamanian vs Immigrants from Latvia Per Capita Income

The statistical analysis conducted on geographies consisting of 281,258,630 people shows a mild negative correlation between the proportion of Panamanians and per capita income in the United States with a correlation coefficient (R) of -0.306 and weighted average of $42,035. 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 per capita income in the United States with a correlation coefficient (R) of -0.232 and weighted average of $50,914, a difference of 21.1%.

In terms of per capita income, the demographic groups most similar to Panamanians are Venezuelan ($42,074, a difference of 0.090%), Immigrants from Sudan ($41,986, a difference of 0.12%), Ecuadorian ($41,958, a difference of 0.18%), Ghanaian ($42,164, a difference of 0.31%), and White/Caucasian ($42,180, a difference of 0.35%).

In terms of per capita income, the demographic groups most similar to Immigrants from Latvia are Bulgarian ($50,906, a difference of 0.020%), Immigrants from Spain ($50,933, a difference of 0.040%), Immigrants from Europe ($50,950, a difference of 0.070%), Immigrants from Serbia ($50,810, a difference of 0.21%), and New Zealander ($50,575, a difference of 0.67%).