Panamanian vs Immigrants from Northern Europe Median Household Income

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. Similarly, the statistical analysis conducted on geographies consisting of 476,802,957 people shows a substantial negative correlation between the proportion of Immigrants from Northern Europe and median household income in the United States with a correlation coefficient (R) of -0.504 and weighted average of $99,813, a difference of 21.3%.

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%).

In terms of median household income, the demographic groups most similar to Immigrants from Northern Europe are Immigrants from Asia ($99,933, a difference of 0.12%), Immigrants from Sri Lanka ($99,943, a difference of 0.13%), Bhutanese ($100,151, a difference of 0.34%), Turkish ($99,389, a difference of 0.43%), and Immigrants from Belgium ($100,306, a difference of 0.49%).