Panamanian Median Earnings
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Panamanian
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Median Earnings
Panamanian Median Earnings
$45,593
EARNINGS
23.5/ 100
METRIC RATING
211th/ 347
METRIC RANK
Panamanian Median Earnings Correlation Chart
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. On average, for every 1% (one percent) increase in Panamanians within a typical geography, there is a decrease of $507 in median earnings.
It is essential to understand that the correlation between the percentage of Panamanians and median earnings does not imply a direct cause-and-effect relationship. It remains uncertain whether the presence of Panamanians influences an upward or downward trend in the level of median earnings within an area, or if Panamanians simply ended up residing in those areas with higher or lower levels of median earnings due to other factors.
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 from Uruguay | 25.9 /100 | #204 | Fair $45,682 |
| Tongans | 25.4 /100 | #205 | Fair $45,665 |
| Immigrants from Ghana | 24.8 /100 | #206 | Fair $45,641 |
| Immigrants from Senegal | 24.0 /100 | #207 | Fair $45,611 |
| Immigrants from Bosnia and Herzegovina | 23.7 /100 | #208 | Fair $45,600 |
| Immigrants from Thailand | 23.7 /100 | #209 | Fair $45,598 |
| Immigrants from 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 from Colombia | 22.4 /100 | #213 | Fair $45,550 |
| Nigerians | 22.0 /100 | #214 | Fair $45,532 |
| Immigrants from 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 |
Panamanian Median Earnings Correlation Summary
| Measurement | Panamanian Data | Median Earnings Data |
| Minimum | 0.062% | $24,420 |
| Maximum | 23.0% | $90,539 |
| Range | 22.9% | $66,119 |
| Mean | 5.6% | $45,745 |
| Median | 4.4% | $43,597 |
| Interquartile 25% (IQ1) | 2.0% | $37,947 |
| Interquartile 75% (IQ3) | 7.4% | $49,738 |
| Interquartile Range (IQR) | 5.4% | $11,791 |
| Standard Deviation (Sample) | 4.8% | $12,464 |
| Standard Deviation (Population) | 4.8% | $12,348 |
Correlation Details
| Panamanian Percentile | Sample Size | Median Earnings |
[ 0.0% - 0.5% ] 0.062% | 200,182,619 | $45,106 |
[ 0.0% - 0.5% ] 0.22% | 51,414,827 | $45,876 |
[ 0.0% - 0.5% ] 0.36% | 14,331,274 | $45,735 |
[ 0.5% - 1.0% ] 0.52% | 6,352,127 | $43,739 |
[ 0.5% - 1.0% ] 0.67% | 3,220,964 | $45,511 |
[ 0.5% - 1.0% ] 0.83% | 1,903,703 | $43,455 |
[ 0.5% - 1.0% ] 0.97% | 1,415,494 | $44,203 |
[ 1.0% - 1.5% ] 1.12% | 611,867 | $51,329 |
[ 1.0% - 1.5% ] 1.26% | 554,239 | $52,073 |
[ 1.0% - 1.5% ] 1.43% | 350,072 | $41,716 |
[ 1.5% - 2.0% ] 1.55% | 429,983 | $45,196 |
[ 1.5% - 2.0% ] 1.70% | 128,561 | $47,301 |
[ 1.5% - 2.0% ] 1.91% | 44,469 | $54,716 |
[ 2.0% - 2.5% ] 2.03% | 53,753 | $71,292 |
[ 2.0% - 2.5% ] 2.23% | 19,518 | $37,947 |
[ 2.0% - 2.5% ] 2.33% | 41,619 | $49,738 |
[ 2.5% - 3.0% ] 2.50% | 9,542 | $48,999 |
[ 2.5% - 3.0% ] 2.65% | 15,381 | $54,978 |
[ 2.5% - 3.0% ] 2.78% | 36,578 | $49,154 |
[ 2.5% - 3.0% ] 2.95% | 9,502 | $60,514 |
[ 3.0% - 3.5% ] 3.11% | 30,267 | $47,278 |
[ 3.0% - 3.5% ] 3.27% | 8,559 | $43,116 |
[ 3.0% - 3.5% ] 3.37% | 13,798 | $63,996 |
[ 3.5% - 4.0% ] 3.52% | 654 | $35,694 |
[ 3.5% - 4.0% ] 3.66% | 1,258 | $40,028 |
[ 4.0% - 4.5% ] 4.15% | 4,550 | $36,322 |
[ 4.0% - 4.5% ] 4.36% | 482 | $56,458 |
[ 4.0% - 4.5% ] 4.41% | 5,009 | $39,366 |
[ 4.5% - 5.0% ] 4.60% | 631 | $37,215 |
[ 4.5% - 5.0% ] 4.71% | 4,033 | $32,365 |
[ 5.0% - 5.5% ] 5.39% | 7,901 | $42,751 |
[ 5.0% - 5.5% ] 5.42% | 166 | $44,444 |
[ 5.5% - 6.0% ] 5.58% | 807 | $24,420 |
[ 5.5% - 6.0% ] 5.75% | 991 | $29,783 |
[ 5.5% - 6.0% ] 5.99% | 7,779 | $90,539 |
[ 6.0% - 6.5% ] 6.29% | 874 | $84,205 |
[ 6.5% - 7.0% ] 6.60% | 1,439 | $42,939 |
[ 6.5% - 7.0% ] 6.90% | 507 | $42,000 |
[ 7.0% - 7.5% ] 7.06% | 1,841 | $33,029 |
[ 7.0% - 7.5% ] 7.28% | 1,072 | $68,611 |
[ 7.0% - 7.5% ] 7.43% | 323 | $42,377 |
[ 7.5% - 8.0% ] 7.89% | 2,724 | $46,250 |
[ 8.0% - 8.5% ] 8.02% | 1,047 | $33,116 |
[ 8.0% - 8.5% ] 8.49% | 318 | $35,938 |
[ 9.0% - 9.5% ] 9.41% | 202 | $29,107 |
[ 9.5% - 10.0% ] 9.73% | 514 | $40,833 |
[ 9.5% - 10.0% ] 9.84% | 183 | $32,750 |
[ 11.5% - 12.0% ] 11.58% | 1,002 | $40,066 |
[ 12.5% - 13.0% ] 12.59% | 135 | $39,107 |
[ 13.5% - 14.0% ] 13.58% | 972 | $51,912 |
[ 14.5% - 15.0% ] 14.61% | 219 | $53,056 |
[ 15.5% - 16.0% ] 15.70% | 414 | $37,137 |
[ 16.5% - 17.0% ] 16.89% | 296 | $39,201 |
[ 22.5% - 23.0% ] 22.97% | 74 | $36,250 |