Panamanian vs Latvian Median Earnings
COMPARE
Panamanian
Latvian
Median Earnings
Median Earnings Comparison
Panamanians
Latvians
$45,593
MEDIAN EARNINGS
23.5/ 100
METRIC RATING
211th/ 347
METRIC RANK
$53,001
MEDIAN EARNINGS
100.0/ 100
METRIC RATING
38th/ 347
METRIC RANK
Panamanian vs Latvian Median Earnings Correlation Chart
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 220,722,204 people shows a poor negative correlation between the proportion of Latvians and median earnings in the United States with a correlation coefficient (R) of -0.192 and weighted average of $53,001, a difference of 16.3%.
Median Earnings Correlation Summary
| Measurement | Panamanian | Latvian |
| Minimum | $24,420 | $6,196 |
| Maximum | $90,539 | $100,625 |
| Range | $66,119 | $94,429 |
| Mean | $45,745 | $52,387 |
| Median | $43,597 | $53,984 |
| Interquartile 25% (IQ1) | $37,947 | $40,578 |
| Interquartile 75% (IQ3) | $49,738 | $61,313 |
| Interquartile Range (IQR) | $11,791 | $20,735 |
| Standard Deviation (Sample) | $12,464 | $18,625 |
| Standard Deviation (Population) | $12,348 | $18,485 |
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 Latvians by Median Earnings
In terms of median earnings, the demographic groups most similar to Latvians are Immigrants from Belarus ($53,043, a difference of 0.080%), Immigrants from Turkey ($52,960, a difference of 0.080%), Israeli ($52,937, a difference of 0.12%), Immigrants from Denmark ($53,186, a difference of 0.35%), and Immigrants from Switzerland ($53,211, a difference of 0.40%).
| Demographics | Rating | Rank | Median Earnings |
| Russians | 100.0 /100 | #31 | Exceptional $53,334 |
| Immigrants | Asia | 100.0 /100 | #32 | Exceptional $53,310 |
| Immigrants | Greece | 100.0 /100 | #33 | Exceptional $53,282 |
| Immigrants | Sri Lanka | 100.0 /100 | #34 | Exceptional $53,268 |
| Immigrants | Switzerland | 100.0 /100 | #35 | Exceptional $53,211 |
| Immigrants | Denmark | 100.0 /100 | #36 | Exceptional $53,186 |
| Immigrants | Belarus | 100.0 /100 | #37 | Exceptional $53,043 |
| Latvians | 100.0 /100 | #38 | Exceptional $53,001 |
| Immigrants | Turkey | 100.0 /100 | #39 | Exceptional $52,960 |
| Israelis | 100.0 /100 | #40 | Exceptional $52,937 |
| Immigrants | Lithuania | 100.0 /100 | #41 | Exceptional $52,769 |
| Maltese | 100.0 /100 | #42 | Exceptional $52,526 |
| Immigrants | Malaysia | 100.0 /100 | #43 | Exceptional $52,514 |
| Bulgarians | 100.0 /100 | #44 | Exceptional $52,512 |
| Immigrants | Czechoslovakia | 100.0 /100 | #45 | Exceptional $52,361 |