Philippines Average Family Income: By Income Class (IC): Annual data was reported at 267,000.000 PHP in 2015. This records an increase from the previous number of 235,000.000 PHP for 2012. Philippines Average Family Income: By Income Class (IC): Annual data is updated yearly, averaging 146,019.500 PHP from Dec 1988 (Median) to 2015, with 10 observations. The data reached an all-time high of 267,000.000 PHP in 2015 and a record low of 40,408.000 PHP in 1988. Philippines Average Family Income: By Income Class (IC): Annual data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.H018: Family Income and Expenditure Survey: Average Annual Income and Expenditure: By Income Class.

According to forecast data from Tellusant, **** percent of the population in the Philippines in 2024 would earn at least the equivalent of the top 40 percent of global earners in 2022 constant purchasing power parity. Out of those 98.7 percent, *** percent would earn the equivalent of the top 10 percent of global earners in 2022 constant purchasing power parity.

Number of Families: Philippines - All Income Classes data was reported at 22,730,000.000 Unit in 2015. This records an increase from the previous number of 21,426,000.000 Unit for 2012. Number of Families: Philippines - All Income Classes data is updated yearly, averaging 15,874,827.500 Unit from Dec 1988 (Median) to 2015, with 10 observations. The data reached an all-time high of 22,730,000.000 Unit in 2015 and a record low of 10,533,925.000 Unit in 1988. Number of Families: Philippines - All Income Classes data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.H014: Family Income and Expenditure Survey: No of Families: By Income Class and Main Source of Income.

Avg Family Income: By Income Class and Family Size: Philippines data was reported at 267,000.000 PHP in 2015. This records an increase from the previous number of 235,000.000 PHP for 2012. Avg Family Income: By Income Class and Family Size: Philippines data is updated yearly, averaging 146,019.500 PHP from Dec 1988 (Median) to 2015, with 10 observations. The data reached an all-time high of 267,000.000 PHP in 2015 and a record low of 40,408.000 PHP in 1988. Avg Family Income: By Income Class and Family Size: Philippines data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.H021: Family Income and Expenditure Survey: Average Annual Income: By Family Size and Income Group.

The National Capital Region recorded the highest average annual family income in the Philippines, amounting to 513,520 Philippine pesos, according to preliminary figures for 2023. Meanwhile, the BARMM region had the average family income, with 206,880 Philippine pesos. Overall, the country's average annual family income was reported at approximately 353,230 Philippine pesos for that year.

According to a 2020 survey among repatriated Filipino overseas workers (OFWs) during the coronavirus (COVID-19) pandemic, more than half of the respondents reported having a monthly income between ****** to ** thousand Philippine pesos. Only ***** percent reported having a monthly income of more than 100 thousand Philippine pesos.

About this dataset

Context

The dataset presents the distribution of median household income among distinct age brackets of householders in Manila. Based on the latest 2018-2022 5-Year Estimates from the American Community Survey, it displays how income varies among householders of different ages in Manila. It showcases how household incomes typically rise as the head of the household gets older. The dataset can be utilized to gain insights into age-based household income trends and explore the variations in incomes across households.

Key observations: Insights from 2022

In terms of income distribution across age cohorts, in Manila, the median household income stands at $153,028 for householders within the 25 to 44 years age group, followed by $63,815 for the 45 to 64 years age group. Notably, householders within the 65 years and over age group, had the lowest median household income at $39,951.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2018-2022 5-Year Estimates. All incomes have been adjusting for inflation and are presented in 2023-inflation-adjusted dollars.

Age groups classifications include:

• Under 25 years
• 25 to 44 years
• 45 to 64 years
• 65 years and over

Variables / Data Columns

• Age Of The Head Of Household: This column presents the age of the head of household
• Median Household Income: Median household income, in 2022 inflation-adjusted dollars for the specific age group

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Manila median household income by age. You can refer the same here

Philippines CES: Level of Family Income: Less than Php 10,000 data was reported at -12.700 % in Sep 2018. This records a decrease from the previous number of -7.900 % for Jun 2018. Philippines CES: Level of Family Income: Less than Php 10,000 data is updated quarterly, averaging -17.800 % from Mar 2005 (Median) to Sep 2018, with 55 observations. The data reached an all-time high of -1.300 % in Dec 2017 and a record low of -36.600 % in Dec 2005. Philippines CES: Level of Family Income: Less than Php 10,000 data remains active status in CEIC and is reported by Bangko Sentral ng Pilipinas. The data is categorized under Global Database’s Philippines – Table PH.H005: Consumer Expectation Survey: By Household Income Level.

Concerning the three selected segments, the segment high income has the largest share of travel & tourism users in the Philippines with ***** percent. Contrastingly, medium income is ranked last, with ***** percent. Their difference, compared to high income, lies at ***** percentage points. Find other insights concerning similar markets and segments, such as a ranking by country regarding number of users in the travel & tourism market and a ranking of subsegments in the Philippines regarding share in the Travel & Tourism market as a whole. The Statista Market Insights cover a broad range of additional markets.

Philippines CES: Level of Family Income: Php 30,000 & Over data was reported at 27.200 % in Dec 2018. This records a decrease from the previous number of 30.200 % for Sep 2018. Philippines CES: Level of Family Income: Php 30,000 & Over data is updated quarterly, averaging 24.900 % from Mar 2005 (Median) to Dec 2018, with 56 observations. The data reached an all-time high of 38.200 % in Dec 2017 and a record low of -5.800 % in Jun 2005. Philippines CES: Level of Family Income: Php 30,000 & Over data remains active status in CEIC and is reported by Bangko Sentral ng Pilipinas. The data is categorized under Global Database’s Philippines – Table PH.H005: Consumer Expectation Survey: By Household Income Level.

Ave Family Income: IC: Philippines: PhP 100,000 - 249,999 data was reported at 162,000.000 PHP in 2015. This records an increase from the previous number of 159,000.000 PHP for 2012. Ave Family Income: IC: Philippines: PhP 100,000 - 249,999 data is updated yearly, averaging 160,500.000 PHP from Dec 2012 (Median) to 2015, with 2 observations. The data reached an all-time high of 162,000.000 PHP in 2015 and a record low of 159,000.000 PHP in 2012. Ave Family Income: IC: Philippines: PhP 100,000 - 249,999 data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.H018: Family Income and Expenditure Survey: Average Annual Income and Expenditure: By Income Class.

Philippines Family Income: Total: IC: Annual: PhP 60,000 - 99,999 data was reported at 266,410,000.000 PHP th in 2015. This records a decrease from the previous number of 325,936,000.000 PHP th for 2012. Philippines Family Income: Total: IC: Annual: PhP 60,000 - 99,999 data is updated yearly, averaging 296,173,000.000 PHP th from Dec 2012 (Median) to 2015, with 2 observations. The data reached an all-time high of 325,936,000.000 PHP th in 2012 and a record low of 266,410,000.000 PHP th in 2015. Philippines Family Income: Total: IC: Annual: PhP 60,000 - 99,999 data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.H016: Family Income and Expenditure Survey: Total Annual Income and Expenditure: By Income Class.

Philippines No. of Families: Annual: By Income Class (IC) data was reported at 22,730,000.000 Unit in 2015. This records an increase from the previous number of 21,426,000.000 Unit for 2012. Philippines No. of Families: Annual: By Income Class (IC) data is updated yearly, averaging 22,078,000.000 Unit from Dec 2012 (Median) to 2015, with 2 observations. The data reached an all-time high of 22,730,000.000 Unit in 2015 and a record low of 21,426,000.000 Unit in 2012. Philippines No. of Families: Annual: By Income Class (IC) data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.H014: Family Income and Expenditure Survey: No of Families: By Income Class and Main Source of Income.

The study is based on village full enumeration field surveys. The main purpose of the study is to examine the changes in the structure of rural household income and its distribution over the past decade with primary data generated through in-depth household surveys in four villages with contrasting production environments. This study also shed light on the changes in the poverty situation of rural households over the 1985-97 period.

Philippines PTE: House Rent data was reported at 12.200 % in 2015. Philippines PTE: House Rent data is updated yearly, averaging 12.200 % from Dec 2015 (Median) to 2015, with 1 observations. Philippines PTE: House Rent data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.H026: Family Income and Expenditure Survey: Percentage Distribution of Family Expenditure: By Income Class.

Philippines CES: Nxt 3 Mth: Level of Family Inc: Php 30,000 & Over data was reported at 18.900 % in Sep 2018. This records a decrease from the previous number of 21.400 % for Jun 2018. Philippines CES: Nxt 3 Mth: Level of Family Inc: Php 30,000 & Over data is updated quarterly, averaging 17.600 % from Mar 2005 (Median) to Sep 2018, with 55 observations. The data reached an all-time high of 33.900 % in Dec 2017 and a record low of -5.500 % in Sep 2005. Philippines CES: Nxt 3 Mth: Level of Family Inc: Php 30,000 & Over data remains active status in CEIC and is reported by Bangko Sentral ng Pilipinas. The data is categorized under Global Database’s Philippines – Table PH.H005: Consumer Expectation Survey: By Household Income Level.

Philippines Family Income: Total: IC: Annual: PhP 40,000 - 59,999 data was reported at 46,104,000.000 PHP th in 2015. This records a decrease from the previous number of 71,530,000.000 PHP th for 2012. Philippines Family Income: Total: IC: Annual: PhP 40,000 - 59,999 data is updated yearly, averaging 58,817,000.000 PHP th from Dec 2012 (Median) to 2015, with 2 observations. The data reached an all-time high of 71,530,000.000 PHP th in 2012 and a record low of 46,104,000.000 PHP th in 2015. Philippines Family Income: Total: IC: Annual: PhP 40,000 - 59,999 data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.H016: Family Income and Expenditure Survey: Total Annual Income and Expenditure: By Income Class.

Ave Family Income: IC: Philippines: Under PhP 40,000 data was reported at 31,000.000 PHP in 2015. This records an increase from the previous number of 30,000.000 PHP for 2012. Ave Family Income: IC: Philippines: Under PhP 40,000 data is updated yearly, averaging 30,500.000 PHP from Dec 2012 (Median) to 2015, with 2 observations. The data reached an all-time high of 31,000.000 PHP in 2015 and a record low of 30,000.000 PHP in 2012. Ave Family Income: IC: Philippines: Under PhP 40,000 data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.H018: Family Income and Expenditure Survey: Average Annual Income and Expenditure: By Income Class.

Philippines Family Income: Total: IC: Annual Under PhP 40,000 data was reported at 11,086,000.000 PHP th in 2015. This records a decrease from the previous number of 20,303,000.000 PHP th for 2012. Philippines Family Income: Total: IC: Annual Under PhP 40,000 data is updated yearly, averaging 15,694,500.000 PHP th from Dec 2012 (Median) to 2015, with 2 observations. The data reached an all-time high of 20,303,000.000 PHP th in 2012 and a record low of 11,086,000.000 PHP th in 2015. Philippines Family Income: Total: IC: Annual Under PhP 40,000 data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.H016: Family Income and Expenditure Survey: Total Annual Income and Expenditure: By Income Class.

Philippines PH: Income Share Held by Highest 20% data was reported at 47.300 % in 2015. This records a decrease from the previous number of 49.100 % for 2012. Philippines PH: Income Share Held by Highest 20% data is updated yearly, averaging 49.100 % from Dec 1985 (Median) to 2015, with 11 observations. The data reached an all-time high of 52.100 % in 1997 and a record low of 47.300 % in 2015. Philippines PH: Income Share Held by Highest 20% data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Philippines – Table PH.World Bank.WDI: Poverty. Percentage share of income or consumption is the share that accrues to subgroups of population indicated by deciles or quintiles. Percentage shares by quintile may not sum to 100 because of rounding.; ; World Bank, Development Research Group. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income economies are from the Luxembourg Income Study database. For more information and methodology, please see PovcalNet (http://iresearch.worldbank.org/PovcalNet/index.htm).; ; The World Bank’s internationally comparable poverty monitoring database now draws on income or detailed consumption data from more than one thousand six hundred household surveys across 164 countries in six regions and 25 other high income countries (industrialized economies). While income distribution data are published for all countries with data available, poverty data are published for low- and middle-income countries and countries eligible to receive loans from the World Bank (such as Chile) and recently graduated countries (such as Estonia) only. See PovcalNet (http://iresearch.worldbank.org/PovcalNet/WhatIsNew.aspx) for definitions of geographical regions and industrialized countries.