This means that in 2017, a family of five would fall under the middle-income class if its monthly income ranged roughly between P20,000 and P115,000. The study also said that it is in the National Capital Region, Central Luzon, and Calabarzon where the middle class dominantly resides. “While a relatively small proportion of middle-income households live as informal settlers, they constitute a big proportion of informal settlers nationwide,” the study said. “They also largely live in urban areas, especially Greater Manila areas, which have ease of access to various services and private establishments,” it noted. “Nonetheless, these do not make the middle class strongly resilient to risks,” the study pointed out.

Source: Philippine Daily Inquirer April 15, 2020 08:15 UTC