Panamanian vs Welsh 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 528,402,039 people shows a poor negative correlation between the proportion of Welsh and median earnings in the United States with a correlation coefficient (R) of -0.185 and weighted average of $45,710, a difference of 0.26%.

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%). Similarly, the demographic groups most similar to Welsh are Immigrants from Trinidad and Tobago ($45,729, a difference of 0.040%), Celtic ($45,732, a difference of 0.050%), Immigrants from Uruguay ($45,682, a difference of 0.060%), Tongan ($45,665, a difference of 0.10%), and Immigrants from Ghana ($45,641, a difference of 0.15%).