Russian vs Panamanian Median Family Income

The statistical analysis conducted on geographies consisting of 511,404,289 people shows a poor negative correlation between the proportion of Russians and median family income in the United States with a correlation coefficient (R) of -0.189 and weighted average of $120,487. 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 23.3%.

In terms of median family income, the demographic groups most similar to Russians are Immigrants from Denmark ($120,445, a difference of 0.040%), Latvian ($120,301, a difference of 0.15%), Immigrants from Sri Lanka ($120,263, a difference of 0.19%), Immigrants from Switzerland ($120,726, a difference of 0.20%), and Immigrants from France ($120,076, 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%).