Taichung City Retains Top Spot as New Taipei City Surpasses Taipei in Disposable Income Ranking

Family Disposable Income Reaches New High, Competition between New Taipei City and Hsinchu County

Recently, the Ministry of the Interior released the latest family expenditure survey results, showing that the average disposable income of families across Taiwan reached NT$1.21 million in 2022, breaking the historical record. This data is crucial in understanding the financial situation, living standards, and economic development of local governments. The ranking by county or city also garnered significant interest.

According to the survey results, Hsinchu City achieved the highest disposable income of NT$1.60 million, successfully retaining its top spot. This made Hsinchu City the county or city with the highest disposable income across Taiwan. On the other hand, Hsinchu County recorded a disposable income of NT$1.56 million, surpassing New Taipei City and ranking second. In comparison, New Taipei City's average disposable income of NT$1.55 million ranked third, although still higher than many other counties or cities.

Why did Hsinchu City and Hsinchu County excel in disposable income? This requires analysis from multiple angles. Firstly, both Hsinchu City and Hsinchu County are located in the Science and Technology Park of Western Taiwan, providing them with rich industrial resources and a talent reserve. The development of the technology industry not only creates a large number of job opportunities but also brings in substantial tax revenue for local governments. These resources concentrated in Hsinchu City and Hsinchu County enable them to provide high-quality living environments and services, thereby increasing family disposable income.

Another essential factor is the convenience of transportation in Hsinchu City and Hsinchu County. Both counties are located at the transportation hub of Western Taiwan, with a complete network of roads, railways, and airports. This allows residents to conveniently interact with other cities and regions, increasing job opportunities and living convenience. These factors combined ultimately led to Hsinchu City and Hsinchu County achieving such high disposable income levels.

It is worth noting that the disposable income levels of Hsinchu City and Hsinchu County far surpass those of other counties or cities, but this does not imply that the living standards of other counties or cities will decline. In fact, other counties or cities also strive to drive economic development and improve living environments. For example, New Taipei City, although ranking third, is the largest city in Taiwan and the center of the economy and culture. The New Taipei City Government is actively promoting innovative economy, cultural industry, and living convenience projects, providing residents with a more superior living environment.

In summary, the increased disposable income levels of Hsinchu City and Hsinchu County are the result of multiple factors combining. This provides a deeper understanding of family financial conditions, living standards, and local government economic development. It also highlights the efforts and achievements of other counties or cities, promoting overall economic and social development across Taiwan.

Lastly, it is worth noting that family disposable income data also reflects the living pressures and expenditure demands of families. Although Hsinchu City and Hsinchu County have high disposable income levels, this does not mean that all families can easily manage these incomes. Many families still face high living costs, education, and medical expenses. Therefore, the government and society as a whole must work together to provide more support and services for families, ensuring that all families can enjoy a high-quality life.