Immigrants from Panama Median Household Income
COMPARE
Immigrants from Panama
Select to Compare
Median Household Income
Immigrants from Panama Median Household Income
$80,873
HOUSEHOLD INCOME
6.2/ 100
METRIC RATING
226th/ 347
METRIC RANK
Immigrants from Panama Median Household Income Correlation Chart
The statistical analysis conducted on geographies consisting of 221,141,293 people shows a substantial negative correlation between the proportion of Immigrants from Panama and median household income in the United States with a correlation coefficient (R) of -0.510 and weighted average of $80,873. On average, for every 1% (one percent) increase in Immigrants from Panama within a typical geography, there is a decrease of $2,904 in median household income.
It is essential to understand that the correlation between the percentage of Immigrants from Panama and median household 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 household income within an area, or if Immigrants from Panama simply ended up residing in those areas with higher or lower levels of median household income due to other factors.
Demographics Similar to Immigrants from Panama by Median Household Income
In terms of median household income, the demographic groups most similar to Immigrants from Panama are Scotch-Irish ($80,972, a difference of 0.12%), Guyanese ($80,734, a difference of 0.17%), Immigrants from Bangladesh ($80,722, a difference of 0.19%), Malaysian ($81,064, a difference of 0.24%), and Immigrants from El Salvador ($81,213, a difference of 0.42%).
| Demographics | Rating | Rank | Median Household Income |
| Nigerians | 10.3 /100 | #219 | Poor $81,725 |
| Immigrants from Venezuela | 9.0 /100 | #220 | Tragic $81,506 |
| Immigrants from Ghana | 9.0 /100 | #221 | Tragic $81,489 |
| Immigrants from Nigeria | 7.7 /100 | #222 | Tragic $81,236 |
| Immigrants from El Salvador | 7.6 /100 | #223 | Tragic $81,213 |
| Malaysians | 7.0 /100 | #224 | Tragic $81,064 |
| Scotch-Irish | 6.6 /100 | #225 | Tragic $80,972 |
| Immigrants from Panama | 6.2 /100 | #226 | Tragic $80,873 |
| Guyanese | 5.7 /100 | #227 | Tragic $80,734 |
| Immigrants from Bangladesh | 5.7 /100 | #228 | Tragic $80,722 |
| Delaware | 5.0 /100 | #229 | Tragic $80,527 |
| Bermudans | 4.7 /100 | #230 | Tragic $80,406 |
| Trinidadians and Tobagonians | 4.7 /100 | #231 | Tragic $80,402 |
| Immigrants from Trinidad and Tobago | 4.6 /100 | #232 | Tragic $80,373 |
| Immigrants from the Azores | 4.5 /100 | #233 | Tragic $80,357 |
Immigrants from Panama Median Household Income Correlation Summary
| Measurement | Immigrants from Panama Data | Median Household Income Data |
| Minimum | 0.042% | $35,430 |
| Maximum | 18.3% | $130,979 |
| Range | 18.2% | $95,549 |
| Mean | 3.2% | $71,805 |
| Median | 2.0% | $75,655 |
| Interquartile 25% (IQ1) | 0.96% | $53,712 |
| Interquartile 75% (IQ3) | 3.4% | $82,267 |
| Interquartile Range (IQR) | 2.5% | $28,555 |
| Standard Deviation (Sample) | 4.0% | $23,036 |
| Standard Deviation (Population) | 4.0% | $22,661 |
Correlation Details
| Immigrants from Panama Percentile | Sample Size | Median Household Income |
[ 0.0% - 0.5% ] 0.042% | 177,245,340 | $82,267 |
[ 0.0% - 0.5% ] 0.18% | 30,547,384 | $80,244 |
[ 0.0% - 0.5% ] 0.32% | 6,808,258 | $80,995 |
[ 0.0% - 0.5% ] 0.45% | 3,119,343 | $80,770 |
[ 0.5% - 1.0% ] 0.59% | 1,462,012 | $75,655 |
[ 0.5% - 1.0% ] 0.73% | 910,318 | $76,085 |
[ 0.5% - 1.0% ] 0.85% | 294,669 | $69,898 |
[ 0.5% - 1.0% ] 0.96% | 255,192 | $83,912 |
[ 1.0% - 1.5% ] 1.10% | 170,828 | $79,215 |
[ 1.0% - 1.5% ] 1.24% | 167,238 | $81,991 |
[ 1.0% - 1.5% ] 1.36% | 3,885 | $52,209 |
[ 1.0% - 1.5% ] 1.49% | 33,759 | $115,131 |
[ 1.5% - 2.0% ] 1.66% | 18,765 | $107,873 |
[ 1.5% - 2.0% ] 1.78% | 37,508 | $77,632 |
[ 1.5% - 2.0% ] 1.90% | 1,841 | $56,100 |
[ 2.0% - 2.5% ] 2.03% | 24,413 | $94,984 |
[ 2.0% - 2.5% ] 2.17% | 3,869 | $63,836 |
[ 2.0% - 2.5% ] 2.36% | 18,546 | $93,327 |
[ 2.5% - 3.0% ] 2.59% | 2,355 | $57,083 |
[ 2.5% - 3.0% ] 2.85% | 1,511 | $53,712 |
[ 2.5% - 3.0% ] 2.97% | 1,247 | $130,979 |
[ 3.0% - 3.5% ] 3.11% | 644 | $47,917 |
[ 3.0% - 3.5% ] 3.33% | 7,299 | $94,453 |
[ 3.0% - 3.5% ] 3.45% | 522 | $44,464 |
[ 3.5% - 4.0% ] 3.66% | 1,258 | $40,473 |
[ 4.0% - 4.5% ] 4.19% | 1,002 | $62,257 |
[ 4.0% - 4.5% ] 4.28% | 1,332 | $50,179 |
[ 7.5% - 8.0% ] 7.59% | 514 | $65,908 |
[ 8.5% - 9.0% ] 8.51% | 47 | $54,583 |
[ 14.5% - 15.0% ] 14.61% | 219 | $36,406 |
[ 18.0% - 18.5% ] 18.29% | 175 | $35,430 |