White City, Hawaii Property Taxes
The median property tax rate in White City, HI is 0.18%, significantly lower than both the national median of 0.99% and the Hawaii state median of 0.29%. With the median home value in White City, the typical annual property tax bill is $200, far below the national median of $2,690. Property taxes in White City are calculated based on the assessed value, which often falls below the market value due to exemptions such as the primary residence and agricultural exemptions. Understanding White City's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of White City or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
White City, Hawaii Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.18%
Estimate Property Tax Bill
$197
Ownwell’s White City Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in White City with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in White City to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across White City, Hawaii
Property taxes in White City, Hawaii, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in White City is 0.18%, significantly lower than both the Hawaii state median and the U.S. national median of 0.99%. Local government entities within White City set these rates annually, and they can vary significantly across different neighborhoods. Each year, White City estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares White City's effective property tax rate to other counties in Hawaii and the national median. For comparison, the highest median property tax rate in Hawaii is found in the 96813 zip code at 0.35%, while the lowest median tax rate is in the 96701 zip code at 0.10%. Understanding how these cities compare with White City provides valuable insights into the varying tax landscape across Hawaii County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average White City Tax Rate
0.18%
Average Hawaii County Tax Rate
0.35%
Average Hawaii Tax Rate
0.29%
Average United States Tax Rate
0.99%
Property Tax Rates Across White City, Hawaii
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97503 | 0.18% | 0.18% | 0.18% | 0.18% | 0.18% |
Source: Ownwell
Property Tax Assessment Values Across White City, Hawaii
In White City, Hawaii, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the local appraisal district for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In White City, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in White City helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 97503 has both the highest and lowest median tax bills, each valued at $200.
Property Tax Assessment Values Across White City, Hawaii
Source: Ownwell
$42,500
$10,201,250
$20,360,000
Average White City Assessed Value
$109,300
Average Hawaii County Assessed Value
$412,300
Average Hawaii Assessed Value
$781,500
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across White City, Hawaii
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97503 | $109,300 | $109,300 | $109,300 | $109,300 | $109,300 |
Source: Ownwell
Property Tax Bills Across White City, Hawaii
In White City, located in Hawaii County, property tax bills are calculated based on the assessed value of the property, which is determined by the local tax assessor. The assessed value is a percentage of the market value, reflecting current real estate conditions. Once the assessed value is established, the property tax rate is applied to determine the annual tax bill. Factors considered in the assessment include property size, location, and any improvements made. Homeowners in White City can expect property tax bills around $200, which is consistent across various percentiles, indicating a uniform tax structure. This amount is significantly lower than the national median property tax rate of 0.99%, making it relatively affordable for homeowners. The predictable and low property tax bills in White City provide financial stability for homeowners, allowing them to budget more effectively and invest in their properties without the burden of high taxes. This stability can enhance the overall appeal of owning property in this region.
Average White City Tax Bill
$200
Average Hawaii County Tax Bill
$1,619
Average Hawaii Tax Bill
$2,234
Average United States Tax Bill
$2,690
Property Tax Bills Across White City, Hawaii
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97503 | $200 | $200 | $200 | $200 | $200 |
Source: Ownwell