Immigrants from Panama Median Family Income
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Immigrants from Panama
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Median Family Income
Immigrants from Panama Median Family Income
$95,647
FAMILY INCOME
2.7/ 100
METRIC RATING
226th/ 347
METRIC RANK
Immigrants from Panama Median Family Income Correlation Chart
The statistical analysis conducted on geographies consisting of 221,145,724 people shows a poor positive correlation between the proportion of Immigrants from Panama and median family income in the United States with a correlation coefficient (R) of 0.149 and weighted average of $95,647. On average, for every 1% (one percent) increase in Immigrants from Panama within a typical geography, there is an increase of $1,129 in median family income.
It is essential to understand that the correlation between the percentage of Immigrants from Panama and median family income does not imply a direct cause-and-effect relationship. It remains uncertain whether the presence of Immigrants from Panama influences an upward or downward trend in the level of median family income within an area, or if Immigrants from Panama simply ended up residing in those areas with higher or lower levels of median family income due to other factors.
Demographics Similar to Immigrants from Panama by Median Family Income
In terms of median family income, the demographic groups most similar to Immigrants from Panama are Alaska Native ($95,573, a difference of 0.080%), Immigrants from the Azores ($95,402, a difference of 0.26%), Marshallese ($95,293, a difference of 0.37%), Malaysian ($95,230, a difference of 0.44%), and Vietnamese ($96,123, a difference of 0.50%).
| Demographics | Rating | Rank | Median Family Income |
| Delaware | 5.1 /100 | #219 | Tragic $96,958 |
| Sudanese | 4.7 /100 | #220 | Tragic $96,783 |
| Immigrants from Ghana | 4.2 /100 | #221 | Tragic $96,544 |
| Immigrants from Nigeria | 4.0 /100 | #222 | Tragic $96,439 |
| Venezuelans | 3.7 /100 | #223 | Tragic $96,281 |
| Nonimmigrants | 3.6 /100 | #224 | Tragic $96,231 |
| Vietnamese | 3.4 /100 | #225 | Tragic $96,123 |
| Immigrants from Panama | 2.7 /100 | #226 | Tragic $95,647 |
| Alaska Natives | 2.6 /100 | #227 | Tragic $95,573 |
| Immigrants from the Azores | 2.4 /100 | #228 | Tragic $95,402 |
| Marshallese | 2.2 /100 | #229 | Tragic $95,293 |
| Malaysians | 2.2 /100 | #230 | Tragic $95,230 |
| Ecuadorians | 2.1 /100 | #231 | Tragic $95,114 |
| Immigrants from Venezuela | 1.9 /100 | #232 | Tragic $94,904 |
| Immigrants from Bangladesh | 1.6 /100 | #233 | Tragic $94,665 |
Immigrants from Panama Median Family Income Correlation Summary
| Measurement | Immigrants from Panama Data | Median Family Income Data |
| Minimum | 0.042% | $54,583 |
| Maximum | 14.6% | $143,854 |
| Range | 14.6% | $89,271 |
| Mean | 2.8% | $93,119 |
| Median | 2.0% | $92,830 |
| Interquartile 25% (IQ1) | 0.96% | $80,245 |
| Interquartile 75% (IQ3) | 3.4% | $103,110 |
| Interquartile Range (IQR) | 2.5% | $22,865 |
| Standard Deviation (Sample) | 2.9% | $22,241 |
| Standard Deviation (Population) | 2.9% | $21,880 |
Correlation Details
| Immigrants from Panama Percentile | Sample Size | Median Family Income |
[ 0.0% - 0.5% ] 0.042% | 177,245,340 | $98,659 |
[ 0.0% - 0.5% ] 0.18% | 30,554,263 | $93,311 |
[ 0.0% - 0.5% ] 0.32% | 6,804,266 | $95,474 |
[ 0.0% - 0.5% ] 0.45% | 3,119,559 | $95,221 |
[ 0.5% - 1.0% ] 0.59% | 1,462,012 | $88,793 |
[ 0.5% - 1.0% ] 0.73% | 907,298 | $87,572 |
[ 0.5% - 1.0% ] 0.85% | 295,328 | $83,391 |
[ 0.5% - 1.0% ] 0.96% | 255,192 | $97,970 |
[ 1.0% - 1.5% ] 1.10% | 169,999 | $92,830 |
[ 1.0% - 1.5% ] 1.24% | 166,921 | $103,110 |
[ 1.0% - 1.5% ] 1.36% | 4,396 | $69,486 |
[ 1.0% - 1.5% ] 1.49% | 34,226 | $135,253 |
[ 1.5% - 2.0% ] 1.66% | 18,765 | $139,343 |
[ 1.5% - 2.0% ] 1.78% | 37,508 | $88,210 |
[ 1.5% - 2.0% ] 1.90% | 1,841 | $74,317 |
[ 2.0% - 2.5% ] 2.03% | 24,413 | $104,174 |
[ 2.0% - 2.5% ] 2.17% | 4,105 | $80,245 |
[ 2.0% - 2.5% ] 2.36% | 19,216 | $107,399 |
[ 2.0% - 2.5% ] 2.47% | 1,460 | $87,807 |
[ 2.5% - 3.0% ] 2.59% | 2,355 | $89,986 |
[ 2.5% - 3.0% ] 2.85% | 1,511 | $60,156 |
[ 2.5% - 3.0% ] 2.97% | 1,247 | $122,376 |
[ 3.0% - 3.5% ] 3.33% | 7,299 | $121,476 |
[ 3.0% - 3.5% ] 3.45% | 522 | $54,583 |
[ 3.5% - 4.0% ] 3.66% | 2,183 | $81,195 |
[ 4.0% - 4.5% ] 4.19% | 1,002 | $67,056 |
[ 4.0% - 4.5% ] 4.28% | 1,332 | $67,668 |
[ 4.5% - 5.0% ] 4.62% | 1,385 | $95,772 |
[ 7.5% - 8.0% ] 7.59% | 514 | $96,250 |
[ 8.5% - 9.0% ] 8.51% | 47 | $63,750 |
[ 14.5% - 15.0% ] 14.61% | 219 | $143,854 |