Venezuelan vs Panamanian Median Family Income
COMPARE
Venezuelan
Panamanian
Median Family Income
Median Family Income Comparison
Venezuelans
Panamanians
$96,281
MEDIAN FAMILY INCOME
3.7/ 100
METRIC RATING
223rd/ 347
METRIC RANK
$97,683
MEDIAN FAMILY INCOME
7.2/ 100
METRIC RATING
212th/ 347
METRIC RANK
Venezuelan vs Panamanian Median Family Income Correlation Chart
The statistical analysis conducted on geographies consisting of 306,049,967 people shows a poor negative correlation between the proportion of Venezuelans and median family income in the United States with a correlation coefficient (R) of -0.131 and weighted average of $96,281. Similarly, the statistical analysis conducted on geographies consisting of 281,027,872 people shows a poor negative correlation between the proportion of Panamanians and median family income in the United States with a correlation coefficient (R) of -0.184 and weighted average of $97,683, a difference of 1.5%.
Median Family Income Correlation Summary
Measurement | Venezuelan | Panamanian |
Minimum | $47,465 | $41,845 |
Maximum | $178,821 | $191,635 |
Range | $131,356 | $149,790 |
Mean | $93,300 | $93,845 |
Median | $91,055 | $93,176 |
Interquartile 25% (IQ1) | $78,904 | $69,694 |
Interquartile 75% (IQ3) | $98,659 | $102,381 |
Interquartile Range (IQR) | $19,755 | $32,687 |
Standard Deviation (Sample) | $24,946 | $33,147 |
Standard Deviation (Population) | $24,759 | $32,827 |
Demographics Similar to Venezuelans and Panamanians by Median Family Income
In terms of median family income, the demographic groups most similar to Venezuelans are Nonimmigrants ($96,231, a difference of 0.050%), Immigrants from Nigeria ($96,439, a difference of 0.16%), Vietnamese ($96,123, a difference of 0.16%), Immigrants from Ghana ($96,544, a difference of 0.27%), and Sudanese ($96,783, a difference of 0.52%). Similarly, the demographic groups most similar to Panamanians are Immigrants from Sudan ($97,737, a difference of 0.050%), Immigrants from Armenia ($97,605, a difference of 0.080%), Bermudan ($97,577, a difference of 0.11%), Nigerian ($97,522, a difference of 0.17%), and Immigrants from Bosnia and Herzegovina ($97,432, a difference of 0.26%).
Demographics | Rating | Rank | Median Family Income |
Aleuts | 11.6 /100 | #207 | Poor $98,702 |
Immigrants | Uruguay | 9.2 /100 | #208 | Tragic $98,205 |
Immigrants | Colombia | 8.7 /100 | #209 | Tragic $98,067 |
Puget Sound Salish | 8.2 /100 | #210 | Tragic $97,958 |
Immigrants | Sudan | 7.4 /100 | #211 | Tragic $97,737 |
Panamanians | 7.2 /100 | #212 | Tragic $97,683 |
Immigrants | Armenia | 7.0 /100 | #213 | Tragic $97,605 |
Bermudans | 6.9 /100 | #214 | Tragic $97,577 |
Nigerians | 6.7 /100 | #215 | Tragic $97,522 |
Immigrants | Bosnia and Herzegovina | 6.4 /100 | #216 | Tragic $97,432 |
Japanese | 6.0 /100 | #217 | Tragic $97,288 |
Immigrants | Cambodia | 5.8 /100 | #218 | Tragic $97,222 |
Delaware | 5.1 /100 | #219 | Tragic $96,958 |
Sudanese | 4.7 /100 | #220 | Tragic $96,783 |
Immigrants | Ghana | 4.2 /100 | #221 | Tragic $96,544 |
Immigrants | Nigeria | 4.0 /100 | #222 | Tragic $96,439 |
Venezuelans | 3.7 /100 | #223 | Tragic $96,281 |
Immigrants | Nonimmigrants | 3.6 /100 | #224 | Tragic $96,231 |
Vietnamese | 3.4 /100 | #225 | Tragic $96,123 |
Immigrants | Panama | 2.7 /100 | #226 | Tragic $95,647 |
Alaska Natives | 2.6 /100 | #227 | Tragic $95,573 |