Banco, Municipality of Palanas, Province of Masbate

Summary data
Typebarangay
Island groupLuzon
RegionBicol Region (Region V)
ProvinceMasbate
MunicipalityPalanas
Postal code5404
Population (2015)659
Philippine major island(s)Masbate
Coordinates12.0798, 123.9251

Banco is a barangay in the municipality of Palanas, in the province of Masbate. Its population as determined by the 2015 Census was 659. This represented 2.51% of the total population of Palanas.

Demographics

Population by age group

According to the 2015 Census, the age group with the highest population in Banco is 10 to 14, with 100 individuals. Conversely, the age groups with the lowest population are in the ranges 75 to 79, and 80 and over, with 10 individuals.

details
Age groupPopulation (2015)
Under 116
1 to 466
5 to 977
10 to 14100
15 to 1970
20 to 2449
25 to 2940
30 to 3433
35 to 3929
40 to 4421
45 to 4933
50 to 5430
55 to 5929
60 to 6421
65 to 6911
70 to 7414
75 to 7910
80 and over10
Total659

Historical population

The population of Banco grew from 628 in 1990 to 659 in 2015, an increase of 31 people. The latest census figures in 2015 denote a negative growth rate of 1.25%, or a decrease of 45 people, from the previous population of 704 in 2010.

Census datePopulationGrowth rate
628
6510.68%
572-2.74%
7012.84%
7040.16%
659-1.25%

Location

Banco is situated at approximately 12.0798, 123.9251, in the island of Masbate. Elevation at these coordinates is estimated at 218.0 meters or 715.2 feet above mean sea level.


Adjacent barangays

Banco shares a common border with the following barangay(s):

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Notes

  1. Data on population is from the Philippine Statistics Authority.
  2. Postal code information is from the Philippine Postal Corporation.