Property Taxes in Hawaii

Name: Property Tax Bills Across Hawaii
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Hawaii property tax rate: 0.29%, significantly lower than the national median of 1.02%.

Median Hawaii home value: $781,500

Median annual Hawaii tax bill: $2,234, $166 lower than the national median property tax bill of $2,400.

How are property taxes in Hawaii calculated?

Property taxes in Hawaii are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding your county's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you are in Hawaii, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Hawaii Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.29%

Estimate Property Tax Bill

$2,266

$2,103

Ownwell’s Hawaii Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Hawaii with just two data points. By entering your property's estimated assessed value, our calculator applies Hawaii's median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a more precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing homeownership costs in Hawaii. For those interested in more localized information, please scroll down to explore county and city-level trends!

Property Tax Rates Across Hawaii

Local government entities in Hawaii set tax rates, which can vary widely within the state. Annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare a Hawaii county’s effective property tax rate to other counties in Hawaii or the U.S. median property tax rate. Hawaii has a median property tax rate of 0.29%, significantly lower than the national median of 1.02%.

Property Tax Rates Across Hawaii

Source: Ownwell

0.28%

0.32%

0.35%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Hawaii Tax Rate

0.29%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Hawaii

County	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
Hawaii	0.11%	0.21%	0.35%	1.11%	1.17%
Honolulu	0.22%	0.26%	0.28%	0.32%	0.37%
Kauai	0.11%	0.16%	0.28%	0.59%	0.98%
Maui	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Assessment Values Across Hawaii

Understanding the distinction between "market value" and "assessed value" is crucial when examining property taxes in Hawaii. The market value is what a willing buyer would pay to a willing seller in an open and competitive market. Location, property condition, and economic market trends often influence it. Each Hawaii county assessor estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

Assessment notices: In Hawaii, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the end of March. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Hawaii. For example, Honolulu has the highest median home price at $887,100.

Property Tax Assessment Values Across Hawaii

Source: Ownwell

$412,300

$649,700

$887,100

Median Hawaii Market Value

$781,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Hawaii

County	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
Hawaii	$173,300	$284,000	$412,300	$627,200	$953,500
Honolulu	$336,300	$529,000	$887,100	$1,194,300	$1,586,600
Kauai	$402,110	$626,000	$795,200	$1,122,650	$1,844,340
Maui	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

Property Tax Bills Across Hawaii

In Hawaii, property tax bills are determined by assessing the property's market value and applying the local tax rate. Homeowners in Hawaii benefit from one of the lowest property tax rates in the nation, with the median tax bill standing at $2,400, aligning with the national median. However, the tax burden can vary significantly across counties. For instance, Honolulu County has the highest median tax bill at $2,420, while Hawaii County offers a lower median of $1,619. Factors influencing the tax bill include the property's assessed value and any applicable exemptions. These variations can significantly impact homeowners, affecting affordability and long-term financial planning.

Property Tax Bills Across Hawaii

Source: Ownwell

$1,619

$2,020

$2,420

Median Hawaii Tax Bill

$2,234

Median United States Tax Bill

$2,400

Property Tax Bills Across Hawaii

County	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
Hawaii	$207	$691	$1,619	$3,764	$7,046
Honolulu	$796	$1,411	$2,420	$3,351	$5,280
Kauai	$642	$1,194	$2,304	$5,515	$12,964
Maui	N/A	N/A	N/A	N/A	N/A

Source: Ownwell

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