Panamanian vs Immigrants from Norway 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 116,714,031 people shows a slight negative correlation between the proportion of Immigrants from Norway and per capita income in the United States with a correlation coefficient (R) of -0.094 and weighted average of $52,217, a difference of 24.2%.

Per Capita Income Correlation Summary

Measurement	Panamanian	Immigrants from Norway
Minimum	$15,844	$19,734
Maximum	$86,907	$135,828
Range	$71,063	$116,094
Mean	$39,085	$57,343
Median	$37,643	$53,027
Interquartile 25% (IQ1)	$29,415	$43,092
Interquartile 75% (IQ3)	$45,746	$65,016
Interquartile Range (IQR)	$16,331	$21,924
Standard Deviation (Sample)	$14,450	$25,135
Standard Deviation (Population)	$14,333	$24,682

Similar Demographics by Per Capita Income

Demographics Similar to Panamanians by Per Capita Income

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%).

Demographics	Rating \| Rank	Per Capita Income
Immigrants \| Thailand	17.6 /100 \| #201	Poor $42,289
Immigrants \| Bosnia and Herzegovina	17.5 /100 \| #202	Poor $42,278
Spanish	17.0 /100 \| #203	Poor $42,249
Aleuts	16.4 /100 \| #204	Poor $42,210
Whites/Caucasians	15.9 /100 \| #205	Poor $42,180
Ghanaians	15.7 /100 \| #206	Poor $42,164
Venezuelans	14.4 /100 \| #207	Poor $42,074
Panamanians	13.9 /100 \| #208	Poor $42,035
Immigrants \| Sudan	13.2 /100 \| #209	Poor $41,986
Ecuadorians	12.9 /100 \| #210	Poor $41,958
Immigrants \| Panama	11.6 /100 \| #211	Poor $41,853
Immigrants \| Senegal	11.3 /100 \| #212	Poor $41,830
Immigrants \| Venezuela	10.2 /100 \| #213	Poor $41,727
Immigrants \| Bangladesh	10.1 /100 \| #214	Poor $41,709
Sudanese	9.9 /100 \| #215	Tragic $41,695

Demographics Similar to Immigrants from Norway by Per Capita Income

In terms of per capita income, the demographic groups most similar to Immigrants from Norway are Australian ($52,074, a difference of 0.27%), Turkish ($52,391, a difference of 0.33%), Immigrants from Russia ($52,044, a difference of 0.33%), Burmese ($52,005, a difference of 0.41%), and Immigrants from Austria ($52,503, a difference of 0.55%).

Demographics	Rating \| Rank	Per Capita Income
Immigrants \| Japan	100.0 /100 \| #25	Exceptional $53,359
Russians	100.0 /100 \| #26	Exceptional $53,154
Immigrants \| South Central Asia	100.0 /100 \| #27	Exceptional $52,660
Latvians	100.0 /100 \| #28	Exceptional $52,649
Israelis	100.0 /100 \| #29	Exceptional $52,596
Immigrants \| Austria	100.0 /100 \| #30	Exceptional $52,503
Turks	100.0 /100 \| #31	Exceptional $52,391
Immigrants \| Norway	100.0 /100 \| #32	Exceptional $52,217
Australians	100.0 /100 \| #33	Exceptional $52,074
Immigrants \| Russia	100.0 /100 \| #34	Exceptional $52,044
Burmese	100.0 /100 \| #35	Exceptional $52,005
Immigrants \| Greece	100.0 /100 \| #36	Exceptional $51,891
Estonians	100.0 /100 \| #37	Exceptional $51,875
Immigrants \| Czechoslovakia	100.0 /100 \| #38	Exceptional $51,770
Cambodians	100.0 /100 \| #39	Exceptional $51,731