West Indian vs Panamanian Median Household Income

The statistical analysis conducted on geographies consisting of 253,821,014 people shows no correlation between the proportion of West Indians and median household income in the United States with a correlation coefficient (R) of 0.045 and weighted average of $78,455. Similarly, the statistical analysis conducted on geographies consisting of 281,034,556 people shows a mild negative correlation between the proportion of Panamanians and median household income in the United States with a correlation coefficient (R) of -0.398 and weighted average of $82,272, a difference of 4.9%.

In terms of median household income, the demographic groups most similar to West Indians are Sudanese ($78,529, a difference of 0.090%), Immigrants from Laos ($78,327, a difference of 0.16%), Immigrants from Burma/Myanmar ($78,682, a difference of 0.29%), Mexican American Indian ($78,166, a difference of 0.37%), and Central American ($78,803, a difference of 0.44%).

In terms of median household income, the demographic groups most similar to Panamanians are Vietnamese ($82,248, a difference of 0.030%), Yugoslavian ($82,186, a difference of 0.10%), Nepalese ($82,410, a difference of 0.17%), Venezuelan ($82,432, a difference of 0.20%), and Salvadoran ($82,449, a difference of 0.22%).