Average Family Income and Expenditure, 2018 Cordillera Administrative Region

Total number of families in the CAR reached 422 thousand as of 2018

  • In 2018, the estimated number of families residing in the Cordillera region was 422,465 thousand families. It was estimated that 19.4 percent of the total families had four members, 18.7 percent had five and 16.1 percent had seven or more family members. One-person household recorded the least number of families at 7.1 percent.

Figure 1. Number of Families in CAR by Family Size: 2018

  • In CAR, families consisting of seven persons or more had the highest average annual income estimated at 438 thousand pesos followed by families with five persons with estimated average annual income of 396 thousand pesos. One-person households had the lowest average annual income estimated at 164 thousand pesos.
  • Also, families with seven persons or more also had the highest average annual expenditure estimated at 289 thousand pesos followed by families having six persons at 263 thousand pesos. One-person households also had the lowest average expenditure estimated at 116 thousand pesos yearly.
  • In terms of average annual savings, families consisting of five persons had the highest savings estimated at 151 thousand pesos followed by families with seven persons or more and three persons estimated at 149 thousand pesos and 136 thousand pesos, respectively.
  • One-person household had the lowest estimated average annual savings at 48 thousand pesos.
Figure 2. Average Annual Family Income and Expenditure by Family Size
in CAR: 2018
 
Most families in CAR have annual income of ₱100,000 to ₱249,999
  • In 2018, most families in the Cordillera Region (approximately 183 thousand families) belonged to the income class having an annual family income of 100,000 pesos to 249,999 pesos. This was followed by families with an annual income of 250,000 pesos to 499,999 pesos and 500,000 pesos and over estimated at 119 thousand families and 80 thousand families, respectively.

Figure 3. Number of Families in CAR by Income Class: 2018

Figure 4. Average Annual Family Income and Expenditure by Income Class in
CAR: 2018
  • In 2018, the average annual savings of families residing in the Cordillera region was estimated at 124 thousand pesos with average annual income of 354 thousand pesos and expenditure of 230 thousand pesos.
  • Families belonging to the income class of 500,000 and over had the highest estimated average annual income with 922 thousand pesos followed by the income classes of 250,000 to 499,999 and 100,000 to 249,999 with 350 thousand pesos and 171 thousand pesos, respectively.
  • In terms of expenditures, families belonging to the income class of 500,000 and over had also the highest estimated average annual expenditure with 492 thousand pesos followed by the income classes of 250,000 to 499,999 and 100,000 to 249,999 with estimated expenditures of 245 thousand pesos and 141 thousand pesos, respectively.
  • Families belonging to the income class of 500,000 and over had the highest average annual savings estimated at 430 thousand pesos. The income classes with deficits were families with annual income under 40,000 pesos and 40,000 to 59,999 with eight thousand pesos and four thousand pesos deficits, respectively.
MAIN SOURCES OF FAMILY INCOME BY INCOME CLASS
  • Comparing the breakdown of the main sources of family income those belonging to the income class having an annual income of 100,000 pesos to 249,999 pesos, most of their income came from their wages/salaries estimated at 47.3 percent. Their income from entrepreneurial activities and other sources of income was estimated at 23.9 percent and 28.8 percent, respectively.
  • The income of families belonging to the income class of 250,000 to 499,999 consisted of 52.8 percent from their wages/salaries, 23.9 percent from their entrepreneurial activities and 27.3 from the other sources of income.
Figure 4. Distribution of Families by Income Class and
Main Source of Income in CAR: 2018
 

Reference Number: 

SR 2020-29

Release Date: 

Friday, May 15, 2020

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