Panamanian vs Ghanaian Median Household Income

The statistical analysis conducted on geographies consisting of 281,034,556 people shows a mild negative correlation between the proportion of Panamanians and median household income in the United States with a correlation coefficient (R) of -0.398 and weighted average of $82,272. Similarly, the statistical analysis conducted on geographies consisting of 190,498,021 people shows a slight positive correlation between the proportion of Ghanaians and median household income in the United States with a correlation coefficient (R) of 0.055 and weighted average of $83,582, a difference of 1.6%.

In terms of median household income, the demographic groups most similar to Panamanians are Nepalese ($82,410, a difference of 0.17%), Venezuelan ($82,432, a difference of 0.20%), Salvadoran ($82,449, a difference of 0.22%), Immigrants from Uruguay ($82,560, a difference of 0.35%), and Immigrants from Iraq ($82,594, a difference of 0.39%). Similarly, the demographic groups most similar to Ghanaians are Immigrants from Armenia ($83,555, a difference of 0.030%), French ($83,468, a difference of 0.14%), Aleut ($83,446, a difference of 0.16%), Japanese ($83,395, a difference of 0.22%), and German ($83,358, a difference of 0.27%).