Austrian vs Panamanian Median Family Income

The statistical analysis conducted on geographies consisting of 451,614,723 people shows a moderate negative correlation between the proportion of Austrians and median family income in the United States with a correlation coefficient (R) of -0.405 and weighted average of $111,306. 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 14.0%.

In terms of median family income, the demographic groups most similar to Austrians are Immigrants from Hungary ($111,378, a difference of 0.060%), Croatian ($111,370, a difference of 0.060%), Ukrainian ($111,368, a difference of 0.060%), Romanian ($111,243, a difference of 0.060%), and Immigrants from Egypt ($111,689, a difference of 0.34%).

In terms of median family income, 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%).