Panamanian vs South American Indian Median Family Income

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. Similarly, the statistical analysis conducted on geographies consisting of 164,518,515 people shows a poor negative correlation between the proportion of South American Indians and median family income in the United States with a correlation coefficient (R) of -0.185 and weighted average of $103,624, a difference of 6.1%.

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%).

In terms of median family income, the demographic groups most similar to South American Indians are English ($103,684, a difference of 0.060%), Immigrants from Peru ($103,534, a difference of 0.090%), Slovak ($103,729, a difference of 0.10%), Sierra Leonean ($103,859, a difference of 0.23%), and Czechoslovakian ($103,273, a difference of 0.34%).