Panamanian vs Immigrants from Russia 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 347,969,054 people shows a slight positive correlation between the proportion of Immigrants from Russia and per capita income in the United States with a correlation coefficient (R) of 0.089 and weighted average of $52,044, a difference of 23.8%.

Per Capita Income Correlation Summary

Measurement	Panamanian	Immigrants from Russia
Minimum	$15,844	$14,227
Maximum	$86,907	$118,015
Range	$71,063	$103,788
Mean	$39,085	$50,649
Median	$37,643	$50,146
Interquartile 25% (IQ1)	$29,415	$38,836
Interquartile 75% (IQ3)	$45,746	$60,540
Interquartile Range (IQR)	$16,331	$21,704
Standard Deviation (Sample)	$14,450	$18,532
Standard Deviation (Population)	$14,333	$18,374

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 Russia by Per Capita Income

In terms of per capita income, the demographic groups most similar to Immigrants from Russia are Australian ($52,074, a difference of 0.060%), Burmese ($52,005, a difference of 0.070%), Immigrants from Greece ($51,891, a difference of 0.29%), Immigrants from Norway ($52,217, a difference of 0.33%), and Estonian ($51,875, a difference of 0.33%).

Demographics	Rating \| Rank	Per Capita Income
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
Immigrants \| Korea	100.0 /100 \| #40	Exceptional $51,671
Immigrants \| South Africa	100.0 /100 \| #41	Exceptional $51,465