Placer, officially the Municipality of Placer, is a 2nd class municipality in the province of Masbate, Philippines. According to the 2020 census, it has a population of 56,340 people. Placer is 95 km from Masbate City.

History

By virtue of Republic Act No. 292, passed on June 16, 1948, the barrio of Placer was constituted as its own municipality, separate from Cataingan. At the time of its creation, Placer included the entire present-day municipality of Esperanza, which was then a barrio of Placer (its largest barrio).

Geography

Barangays

Placer is politically subdivided into 35 barangays. Each barangay consists of puroks and some have sitios.

Climate

Demographics

In the 2020 census, the population of Placer, Masbate, was 56,340 people, with a density of undefined PD/km2. Placer is one of the only four municipalities in Masbate which is dominantly Cebuano-speaking, the other being the adjacent municipalities of Esperanza; Esperanza separated from Placer in 1959., Pio V. Corpuz, and Cawayan.

Economy