Scottish vs Panamanian Median Earnings
COMPARE
Scottish
 Panamanian
 Median Earnings
Median Earnings Comparison
Scottish
Panamanians
$46,463
MEDIAN EARNINGS
51.1/ 100
METRIC RATING
171st/ 347
METRIC RANK
$45,593
MEDIAN EARNINGS
23.5/ 100
METRIC RATING
211th/ 347
METRIC RANK
Scottish vs Panamanian Median Earnings Correlation Chart
The statistical analysis conducted on geographies consisting of 566,727,136 people shows a slight positive correlation between the proportion of Scottish and median earnings in the United States with a correlation coefficient (R) of 0.071 and weighted average of $46,463. Similarly, 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, a difference of 1.9%.
 
Median Earnings Correlation Summary
| Measurement | Scottish | Panamanian | 
| Minimum | $15,833 | $24,420 | 
| Maximum | $65,898 | $90,539 | 
| Range | $50,065 | $66,119 | 
| Mean | $42,786 | $45,745 | 
| Median | $42,413 | $43,597 | 
| Interquartile 25% (IQ1) | $37,295 | $37,947 | 
| Interquartile 75% (IQ3) | $47,447 | $49,738 | 
| Interquartile Range (IQR) | $10,152 | $11,791 | 
| Standard Deviation (Sample) | $10,003 | $12,464 | 
| Standard Deviation (Population) | $9,946 | $12,348 | 
Similar Demographics by Median Earnings
Demographics Similar to Scottish by Median Earnings
In terms of median earnings, the demographic groups most similar to Scottish are Kenyan ($46,462, a difference of 0.0%), Immigrants ($46,478, a difference of 0.030%), Ghanaian ($46,440, a difference of 0.050%), Scandinavian ($46,433, a difference of 0.060%), and Basque ($46,399, a difference of 0.14%).
| Demographics | Rating | Rank | Median Earnings | 
| Norwegians | 64.7 /100 | #164  | Good $46,865  | 
| South Americans | 62.7 /100 | #165  | Good $46,804  | 
| Czechoslovakians | 57.8 /100 | #166  | Average $46,658  | 
| Costa Ricans | 57.4 /100 | #167  | Average $46,645  | 
| Immigrants | Africa | 54.6 /100 | #168  | Average $46,564  | 
| Immigrants | South America | 54.0 /100 | #169  | Average $46,548  | 
| Immigrants | Immigrants | 51.6 /100 | #170  | Average $46,478  | 
| Scottish | 51.1 /100 | #171  | Average $46,463  | 
| Kenyans | 51.0 /100 | #172  | Average $46,462  | 
| Ghanaians | 50.3 /100 | #173  | Average $46,440  | 
| Scandinavians | 50.0 /100 | #174  | Average $46,433  | 
| Basques | 48.8 /100 | #175  | Average $46,399  | 
| Danes | 48.6 /100 | #176  | Average $46,392  | 
| Belgians | 48.0 /100 | #177  | Average $46,375  | 
| Colombians | 47.1 /100 | #178  | Average $46,349  | 
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  |