Panamanian vs Immigrants from Russia 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 347,675,291 people shows a poor negative correlation between the proportion of Immigrants from Russia and median household income in the United States with a correlation coefficient (R) of -0.193 and weighted average of $96,378, a difference of 17.2%.

Median Household Income Correlation Summary

Measurement	Panamanian	Immigrants from Russia
Minimum	$20,556	$40,467
Maximum	$178,834	$167,656
Range	$158,278	$127,189
Mean	$72,362	$89,609
Median	$68,346	$89,857
Interquartile 25% (IQ1)	$51,530	$70,618
Interquartile 75% (IQ3)	$83,972	$103,868
Interquartile Range (IQR)	$32,442	$33,250
Standard Deviation (Sample)	$29,634	$28,243
Standard Deviation (Population)	$29,377	$27,970

Similar Demographics by Median Household Income

Demographics Similar to Panamanians by Median Household Income

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%).

Demographics	Rating \| Rank	Median Household Income
Dutch	20.3 /100 \| #207	Fair $82,971
French Canadians	18.7 /100 \| #208	Poor $82,810
Immigrants \| Iraq	16.7 /100 \| #209	Poor $82,594
Immigrants \| Uruguay	16.4 /100 \| #210	Poor $82,560
Salvadorans	15.4 /100 \| #211	Poor $82,449
Venezuelans	15.3 /100 \| #212	Poor $82,432
Nepalese	15.1 /100 \| #213	Poor $82,410
Panamanians	14.0 /100 \| #214	Poor $82,272
Vietnamese	13.8 /100 \| #215	Poor $82,248
Yugoslavians	13.3 /100 \| #216	Poor $82,186
Ecuadorians	12.5 /100 \| #217	Poor $82,070
Whites/Caucasians	12.2 /100 \| #218	Poor $82,029
Nigerians	10.3 /100 \| #219	Poor $81,725
Immigrants \| Venezuela	9.0 /100 \| #220	Tragic $81,506
Immigrants \| Ghana	9.0 /100 \| #221	Tragic $81,489

Demographics Similar to Immigrants from Russia by Median Household Income

In terms of median household income, the demographic groups most similar to Immigrants from Russia are Cambodian ($96,324, a difference of 0.060%), Immigrants from Malaysia ($96,292, a difference of 0.090%), Bulgarian ($96,290, a difference of 0.090%), Australian ($96,490, a difference of 0.12%), and Israeli ($96,552, a difference of 0.18%).

Demographics	Rating \| Rank	Median Household Income
Maltese	100.0 /100 \| #40	Exceptional $97,015
Immigrants \| Turkey	100.0 /100 \| #41	Exceptional $96,964
Immigrants \| Lithuania	99.9 /100 \| #42	Exceptional $96,836
Immigrants \| France	99.9 /100 \| #43	Exceptional $96,743
Immigrants \| Greece	99.9 /100 \| #44	Exceptional $96,675
Israelis	99.9 /100 \| #45	Exceptional $96,552
Australians	99.9 /100 \| #46	Exceptional $96,490
Immigrants \| Russia	99.9 /100 \| #47	Exceptional $96,378
Cambodians	99.9 /100 \| #48	Exceptional $96,324
Immigrants \| Malaysia	99.9 /100 \| #49	Exceptional $96,292
Bulgarians	99.9 /100 \| #50	Exceptional $96,290
Estonians	99.9 /100 \| #51	Exceptional $95,930
Immigrants \| South Africa	99.9 /100 \| #52	Exceptional $95,800
Paraguayans	99.9 /100 \| #53	Exceptional $95,737
Egyptians	99.9 /100 \| #54	Exceptional $95,673