Pendleton, Hawaii Property Taxes
The median property tax rate in Pendleton, HI is 0.26%, significantly lower than both the national median of 0.99% and the Hawaii state median of 0.29%. With the median home value in Pendleton at $269,200, the typical annual property tax bill amounts to $710, which is well below the national median of $2,690. Property taxes in Pendleton are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Pendleton'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 Pendleton 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
Pendleton, Hawaii Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.26%
Estimate Property Tax Bill
$700
$650
Ownwell’s Pendleton Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Pendleton with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Pendleton 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 Pendleton, Hawaii
Property taxes in PENDLETON, Hawaii, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in PENDLETON is 0.26%, significantly lower than the U.S. national median of 0.99%. Local government entities within PENDLETON set these rates annually, and they can vary significantly across different neighborhoods. Each year, PENDLETON 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 PENDLETON's effective property tax rate to other counties in Hawaii and the national median. For comparison, the highest median property tax rate in the region is 0.52%, while the lowest median tax rate is 0.15%. Understanding how these cities compare with PENDLETON provides valuable insights into the varying tax landscape across Hawaii, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Pendleton Tax Rate
0.26%
Average Hawaii County Tax Rate
0.35%
Average Hawaii Tax Rate
0.29%
Average United States Tax Rate
0.99%
Property Tax Rates Across Pendleton, Hawaii
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97801 | 0.26% | 0.26% | 0.26% | 0.26% | 0.26% |
Source: Ownwell
Property Tax Assessment Values Across Pendleton, Hawaii
In Pendleton, 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 Hawaii 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 Pendleton, 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. The median home price in Pendleton is $269,200, with the median tax bill being $710. The highest and lowest median tax bills both occur in the 97801 zip code, each at $710. 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 Pendleton helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Pendleton Assessed Value
$269,200
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 Pendleton, Hawaii
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97801 | $269,200 | $269,200 | $269,200 | $269,200 | $269,200 |
Source: Ownwell
Property Tax Bills Across Pendleton, Hawaii
In Pendleton, Hawaii County, property tax bills are calculated based on the assessed value of a home, which is determined by the county assessor. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. The median home price in Pendleton is $269,200, and with a property tax rate below the national median of 0.99%, homeowners typically see a tax bill of $710. Factors such as property location, market conditions, and home improvements can influence the assessed value, thereby affecting the tax bill. For homeowners, this means that any changes in the property’s assessed value or the local tax rate directly impact their annual tax obligations. In Pendleton, the consistency in tax bills, with the 25th, 75th, and 90th percentiles all at $710, indicates a stable tax environment. This predictability helps homeowners plan their finances more effectively, knowing that their property tax bills will remain relatively steady year over year.
Average Pendleton Tax Bill
$710
Average Hawaii County Tax Bill
$1,619
Average Hawaii Tax Bill
$2,234
Average United States Tax Bill
$2,690
Property Tax Bills Across Pendleton, Hawaii
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 97801 | $710 | $710 | $710 | $710 | $710 |
Source: Ownwell