Hsinchu City ranked first among Taiwan’s administrative regions for the fourth consecutive year in terms of residents’ average annual household income, with income growing 35 percent annually to NT$1.52 million (US$48,820), Ministry of Finance income tax data from 2021 showed.
Hsinchu County was second for the first time with NT$1.395 million, according to the statistics, which covered 6.44 million households nationwide.
Hsinchu City and Hsinchu County were the top two, as they are home to many profitable Taiwanese tech heavyweights, such as Taiwan Semiconductor Manufacturing Co (台積電), and tech professionals tend to live near their workplaces.
This connection is indicated in the ranking of village wealth — Guanxin Village (關新) in Hsinchu City ranks first among all villages in terms of residents’ annual income.
Located in the city’s East District (東區), Guanxin is home to many tech professionals who work in the nearby Hsinchu Science Park.
Guanxin reported an average household income of NT$3.74 million, up 24 percent from NT$3.01 million in 2020, the data showed.
The median annual income of Guanxin residents was NT$2.92 million, which was also the top nationally.
Taipei fell one place to third, with residents making NT$1.332 million on average, the data showed.
Yongfu Village (永福) in Taipei’s Shilin District (士林) was the nation’s second-richest village with an average annual household income of NT$2.963 million.
However, the median income of Yongfu residents was NT$665,000, indicating an uneven wealth distribution, the data showed.
Lienchiang County, Taoyuan City and New Taipei City were fourth, fifth and sixth respectively, with their residents making NT$1.03 million, NT$989,000 and NT$987,000 respectively, the data showed.
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