Panamanian Householder Income Under 25 years
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Householder Income Under 25 years
Panamanian Householder Income Under 25 years
$51,611
HOUSEHOLD INCOME | AGE < 25
19.5/ 100
METRIC RATING
191st/ 347
METRIC RANK
Panamanian Householder Income Under 25 years Correlation Chart
The statistical analysis conducted on geographies consisting of 249,167,453 people shows a slight positive correlation between the proportion of Panamanians and household income with householder under the age of 25 in the United States with a correlation coefficient (R) of 0.068 and weighted average of $51,611. On average, for every 1% (one percent) increase in Panamanians within a typical geography, there is an increase of $460 in household income with householder under the age of 25.
It is essential to understand that the correlation between the percentage of Panamanians and household income with householder under the age of 25 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 household income with householder under the age of 25 within an area, or if Panamanians simply ended up residing in those areas with higher or lower levels of household income with householder under the age of 25 due to other factors.
Demographics Similar to Panamanians by Householder Income Under 25 years
In terms of householder income under 25 years, the demographic groups most similar to Panamanians are Malaysian ($51,615, a difference of 0.010%), West Indian ($51,583, a difference of 0.060%), Immigrants from Eritrea ($51,574, a difference of 0.070%), Croatian ($51,662, a difference of 0.10%), and Northern European ($51,678, a difference of 0.13%).
Demographics | Rating | Rank | Householder Income Under 25 years |
Paiute | 25.1 /100 | #184 | Fair $51,743 |
Immigrants from Latvia | 24.8 /100 | #185 | Fair $51,737 |
Alaskan Athabascans | 23.8 /100 | #186 | Fair $51,713 |
Immigrants from South Africa | 23.4 /100 | #187 | Fair $51,705 |
Northern Europeans | 22.2 /100 | #188 | Fair $51,678 |
Croatians | 21.6 /100 | #189 | Fair $51,662 |
Malaysians | 19.7 /100 | #190 | Poor $51,615 |
Panamanians | 19.5 /100 | #191 | Poor $51,611 |
West Indians | 18.5 /100 | #192 | Poor $51,583 |
Immigrants from Eritrea | 18.1 /100 | #193 | Poor $51,574 |
Guatemalans | 16.4 /100 | #194 | Poor $51,525 |
Estonians | 16.4 /100 | #195 | Poor $51,523 |
Palestinians | 16.1 /100 | #196 | Poor $51,515 |
Pima | 15.7 /100 | #197 | Poor $51,503 |
Immigrants from Syria | 15.4 /100 | #198 | Poor $51,494 |
Panamanian Householder Income Under 25 years Correlation Summary
Measurement | Panamanian Data | Householder Income Under 25 years Data |
Minimum | 0.061% | $41,875 |
Maximum | 5.4% | $84,853 |
Range | 5.3% | $42,978 |
Mean | 1.9% | $56,431 |
Median | 1.6% | $53,276 |
Interquartile 25% (IQ1) | 0.83% | $51,350 |
Interquartile 75% (IQ3) | 2.7% | $60,790 |
Interquartile Range (IQR) | 1.9% | $9,440 |
Standard Deviation (Sample) | 1.5% | $10,018 |
Standard Deviation (Population) | 1.4% | $9,787 |
Correlation Details
Panamanian Percentile | Sample Size | Householder Income Under 25 years |
[ 0.0% - 0.5% ] 0.061% | 181,945,370 | $48,727 |
[ 0.0% - 0.5% ] 0.22% | 44,565,720 | $52,353 |
[ 0.0% - 0.5% ] 0.36% | 11,372,563 | $53,883 |
[ 0.5% - 1.0% ] 0.51% | 5,121,817 | $51,767 |
[ 0.5% - 1.0% ] 0.67% | 2,335,345 | $52,617 |
[ 0.5% - 1.0% ] 0.83% | 1,501,122 | $53,883 |
[ 0.5% - 1.0% ] 0.98% | 924,596 | $58,323 |
[ 1.0% - 1.5% ] 1.11% | 449,873 | $50,945 |
[ 1.0% - 1.5% ] 1.26% | 328,546 | $60,790 |
[ 1.0% - 1.5% ] 1.43% | 211,457 | $44,287 |
[ 1.5% - 2.0% ] 1.54% | 268,289 | $53,256 |
[ 1.5% - 2.0% ] 1.67% | 58,684 | $70,902 |
[ 1.5% - 2.0% ] 1.93% | 23,018 | $49,705 |
[ 2.0% - 2.5% ] 2.08% | 1,782 | $84,853 |
[ 2.0% - 2.5% ] 2.24% | 14,705 | $53,296 |
[ 2.0% - 2.5% ] 2.34% | 15,919 | $62,089 |
[ 2.5% - 3.0% ] 2.74% | 13,936 | $51,350 |
[ 2.5% - 3.0% ] 2.90% | 2,551 | $75,512 |
[ 3.0% - 3.5% ] 3.22% | 2,394 | $63,281 |
[ 4.0% - 4.5% ] 4.41% | 4,876 | $41,875 |
[ 4.5% - 5.0% ] 4.71% | 4,033 | $52,160 |
[ 5.0% - 5.5% ] 5.37% | 857 | $55,625 |