Hauula, Hawaii Property Taxes
The median property tax rate in Hauula, HI is 0.29%, aligning with the Hawaii state median but significantly lower than the national median of 0.99%. With a median home value of $791,200 in Hauula, the typical annual property tax bill reaches $2,308, which is below the national median of $2,690. Property taxes in Hauula are calculated based on the tax assessed value, often lower than the market value due to various exemptions like those for primary residences and agricultural properties. Understanding Hauula's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Hauula 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
Hauula, Hawaii Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.29%
Estimate Property Tax Bill
$2,294
Ownwell’s Hauula Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Hauula with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Hauula 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 Hauula, Hawaii
Property taxes in Hauula, Hawaii, are essential for funding crucial local services, including public schools, road maintenance, and emergency services. The median tax rate in Hauula is 0.29%, which is significantly lower than both the Hawaii state median of 0.28% and the U.S. national median of 0.99%. Local government entities within Hauula set these rates annually, and they can vary significantly across different neighborhoods. Each year, Hauula 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. Understanding how Hauula's effective property tax rate compares to other regions in Honolulu County and the national median provides valuable insights into the varying tax landscape across the area, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Hauula Tax Rate
0.29%
Average Honolulu County Tax Rate
0.28%
Average Hawaii Tax Rate
0.29%
Average United States Tax Rate
0.99%
Property Tax Rates Across Hauula, Hawaii
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 96717 | 0.24% | 0.26% | 0.29% | 0.32% | 0.39% |
Source: Ownwell
Property Tax Assessment Values Across Hauula, Hawaii
In Hauula, 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 Honolulu County 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 Hauula, 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 Hauula helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The median home price in Hauula is $791,200, with property tax bills ranging from $1,353 at the 25th percentile to $4,766 at the 90th percentile. The zip code 96717 has both the highest and lowest median tax bill at $2,308.
Average Hauula Assessed Value
$791,200
Average Honolulu County Assessed Value
$887,100
Average Hawaii Assessed Value
$781,500
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Hauula, Hawaii
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 96717 | $99,900 | $426,800 | $791,200 | $1,086,800 | $1,341,900 |
Source: Ownwell
Property Tax Bills Across Hauula, Hawaii
Property tax bills in Hauula, located in Honolulu County, HI, are calculated based on the assessed value of a property and the local tax rate. The assessed value is determined by the county assessor and reflects the market value of the property. In Hauula, the median home price is $791,200, which significantly influences the tax bill. The tax bill is then computed by applying the local tax rate to the assessed value. For example, homeowners in Hauula can expect tax bills ranging from $1,353 at the 25th percentile to $4,766 at the 90th percentile. The highest and lowest median tax bills are both $2,308, indicating a relatively consistent tax environment within the area. These property taxes fund essential local services such as schools, public safety, and infrastructure. For homeowners, understanding how their tax bill is calculated helps in financial planning and ensures they are prepared for annual property tax obligations. Compared to the national median property tax rate of 0.99%, Hauula's property tax rates offer a unique perspective on local property taxation.
Average Hauula Tax Bill
$2,308
Average Honolulu County Tax Bill
$2,420
Average Hawaii Tax Bill
$2,234
Average United States Tax Bill
$2,690
Property Tax Bills Across Hauula, Hawaii
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 96717 | $300 | $1,353 | $2,308 | $2,978 | $4,766 |
Source: Ownwell