Panamanian vs Immigrants from Scotland Median Earnings

The statistical analysis conducted on geographies consisting of 281,227,133 people shows a poor negative correlation between the proportion of Panamanians and median earnings in the United States with a correlation coefficient (R) of -0.196 and weighted average of $45,593. Similarly, the statistical analysis conducted on geographies consisting of 196,389,390 people shows a weak negative correlation between the proportion of Immigrants from Scotland and median earnings in the United States with a correlation coefficient (R) of -0.253 and weighted average of $50,741, a difference of 11.3%.

Median Earnings Correlation Summary

Measurement	Panamanian	Immigrants from Scotland
Minimum	$24,420	$19,118
Maximum	$90,539	$104,015
Range	$66,119	$84,897
Mean	$45,745	$50,819
Median	$43,597	$51,683
Interquartile 25% (IQ1)	$37,947	$41,420
Interquartile 75% (IQ3)	$49,738	$56,954
Interquartile Range (IQR)	$11,791	$15,534
Standard Deviation (Sample)	$12,464	$14,157
Standard Deviation (Population)	$12,348	$14,040

Similar Demographics by Median Earnings

Demographics Similar to Panamanians by Median Earnings

In terms of median earnings, the demographic groups most similar to Panamanians are Bermudan ($45,593, a difference of 0.0%), Immigrants from Bosnia and Herzegovina ($45,600, a difference of 0.010%), Immigrants from Thailand ($45,598, a difference of 0.010%), Immigrants from Grenada ($45,596, a difference of 0.010%), and Immigrants from Senegal ($45,611, a difference of 0.040%).

Demographics	Rating \| Rank	Median Earnings
Immigrants \| Uruguay	25.9 /100 \| #204	Fair $45,682
Tongans	25.4 /100 \| #205	Fair $45,665
Immigrants \| Ghana	24.8 /100 \| #206	Fair $45,641
Immigrants \| Senegal	24.0 /100 \| #207	Fair $45,611
Immigrants \| Bosnia and Herzegovina	23.7 /100 \| #208	Fair $45,600
Immigrants \| Thailand	23.7 /100 \| #209	Fair $45,598
Immigrants \| Grenada	23.6 /100 \| #210	Fair $45,596
Panamanians	23.5 /100 \| #211	Fair $45,593
Bermudans	23.5 /100 \| #212	Fair $45,593
Immigrants \| Colombia	22.4 /100 \| #213	Fair $45,550
Nigerians	22.0 /100 \| #214	Fair $45,532
Immigrants \| Bangladesh	22.0 /100 \| #215	Fair $45,532
Guyanese	20.6 /100 \| #216	Fair $45,470
Tlingit-Haida	20.5 /100 \| #217	Fair $45,468
Spanish	19.7 /100 \| #218	Poor $45,432

Demographics Similar to Immigrants from Scotland by Median Earnings

In terms of median earnings, the demographic groups most similar to Immigrants from Scotland are South African ($50,752, a difference of 0.020%), Immigrants from Netherlands ($50,818, a difference of 0.15%), Immigrants from Egypt ($50,901, a difference of 0.32%), Immigrants from Italy ($50,581, a difference of 0.32%), and Immigrants from Western Europe ($50,549, a difference of 0.38%).

Demographics	Rating \| Rank	Median Earnings
Paraguayans	99.9 /100 \| #68	Exceptional $51,068
Mongolians	99.8 /100 \| #69	Exceptional $51,038
Lithuanians	99.8 /100 \| #70	Exceptional $50,991
Immigrants \| Ukraine	99.8 /100 \| #71	Exceptional $50,984
Immigrants \| Egypt	99.8 /100 \| #72	Exceptional $50,901
Immigrants \| Netherlands	99.8 /100 \| #73	Exceptional $50,818
South Africans	99.8 /100 \| #74	Exceptional $50,752
Immigrants \| Scotland	99.8 /100 \| #75	Exceptional $50,741
Immigrants \| Italy	99.7 /100 \| #76	Exceptional $50,581
Immigrants \| Western Europe	99.7 /100 \| #77	Exceptional $50,549
Argentineans	99.6 /100 \| #78	Exceptional $50,399
Laotians	99.6 /100 \| #79	Exceptional $50,343
Ukrainians	99.6 /100 \| #80	Exceptional $50,320
Immigrants \| Southern Europe	99.6 /100 \| #81	Exceptional $50,280
Immigrants \| Moldova	99.5 /100 \| #82	Exceptional $50,274