Panamanian vs Immigrants from Western Europe 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 493,982,841 people shows a moderate negative correlation between the proportion of Immigrants from Western Europe and median earnings in the United States with a correlation coefficient (R) of -0.483 and weighted average of $50,549, a difference of 10.9%.

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%).

In terms of median earnings, the demographic groups most similar to Immigrants from Western Europe are Immigrants from Italy ($50,581, a difference of 0.060%), Argentinean ($50,399, a difference of 0.30%), Immigrants from Scotland ($50,741, a difference of 0.38%), South African ($50,752, a difference of 0.40%), and Laotian ($50,343, a difference of 0.41%).