Honolulu County Property Taxes
The median property tax rate in Honolulu County is 0.28%, which is slightly lower than the Hawaii state median of 0.29% and significantly below the national median of 0.99%. With a median home value of $887,100, the typical annual property tax bill in Honolulu County is $2,420, which is less than the national median of $2,690. Property taxes here are calculated based on the tax assessed value, which is often lower than the actual market value due to various property tax exemptions, such as those for primary residences and agricultural properties. Understanding Honolulu County's specific property tax system, exploring available exemptions, and identifying opportunities for property tax reductions can provide significant annual savings. Whether you live in Honolulu or another part of the county, gaining a comprehensive knowledge of local property taxes will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Honolulu County Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.28%
Estimate Property Tax Bill
$2,484
$2,305
Ownwell’s Honolulu Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner to estimate their annual property taxes in Honolulu with just two data points. Enter your property's estimated assessed value, and our calculator applies the median tax rate in Honolulu to estimate your property tax bill. This insight helps you understand potential tax liabilities. If you’d like to see trends on a city level, scroll down to navigate to a more local informational page. Your property assessed value is the value assigned to your property by your county for property tax calculations. Assessed value takes into account any exemptions you may have on your property.
Property Tax Rates Across Honolulu County, Hawaii
Property taxes in Honolulu play a crucial role in funding essential local services like public schools, road maintenance, and emergency services. The median tax rate in Honolulu is 0.28%, which is significantly lower than both the Hawaii state median and the U.S. national median of 0.99%. Local government entities within Honolulu set these rates annually, and they can vary significantly between different areas within the county. Each year, Honolulu estimates its required budget to maintain services for the upcoming fiscal year, and divides this budget by the total value of all taxable property in the jurisdiction, resulting in the property tax rate. Although tax rates and budgets are influenced by laws and voter input, this calculation forms the basic process for setting property tax rates. Analyzing how Honolulu's tax rates stack up against these benchmarks can give homeowners a better understanding of the local tax landscape.
Average Honolulu County Tax Rate
0.28%
Average Hawaii Tax Rate
0.29%
Average United States Tax Rate
0.99%
Property Tax Rates Across Honolulu County, Hawaii
City | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Aiea | 0.22% | 0.25% | 0.28% | 0.30% | 0.32% |
Barbers Point Nas | N/A | N/A | N/A | N/A | N/A |
Camp H M Smith | N/A | N/A | N/A | N/A | N/A |
Ewa Beach | 0.23% | 0.26% | 0.28% | 0.30% | 0.32% |
Fort Shafter | N/A | N/A | N/A | N/A | N/A |
Haleiwa | 0.24% | 0.27% | 0.30% | 0.38% | 0.66% |
Hauula | 0.24% | 0.26% | 0.29% | 0.32% | 0.39% |
Hickam Afb | N/A | N/A | N/A | N/A | N/A |
Honolulu | 0.22% | 0.26% | 0.29% | 0.33% | 0.40% |
Kaaawa | 0.23% | 0.25% | 0.28% | 0.32% | 0.46% |
Kahuku | 0.18% | 0.20% | 0.22% | 0.28% | 0.46% |
Kailua | 0.26% | 0.28% | 0.30% | 0.33% | 0.56% |
Kaneohe | 0.23% | 0.26% | 0.28% | 0.30% | 0.33% |
Kapolei | 0.22% | 0.25% | 0.27% | 0.31% | 0.33% |
Kunia | N/A | N/A | N/A | N/A | N/A |
Laie | N/A | N/A | N/A | N/A | N/A |
Las Vegas | 0.13% | 0.13% | 0.13% | 0.13% | 0.13% |
Mcbh Kaneohe Bay | N/A | N/A | N/A | N/A | N/A |
Mililani | 0.23% | 0.26% | 0.28% | 0.31% | 0.33% |
Pearl City | 0.24% | 0.26% | 0.28% | 0.30% | 0.32% |
Pearl Harbor | 0.33% | 0.33% | 0.33% | 0.33% | 0.33% |
Schofield Barracks | N/A | N/A | N/A | N/A | N/A |
Wahiawa | 0.23% | 0.25% | 0.28% | 0.30% | 0.33% |
Waialua | 0.23% | 0.25% | 0.27% | 0.30% | 0.39% |
Waianae | N/A | N/A | N/A | N/A | N/A |
Waimanalo | N/A | N/A | N/A | N/A | N/A |
Waipahu | 0.23% | 0.25% | 0.27% | 0.30% | 0.32% |
Source: Ownwell
Property Tax Assessment Values Across Honolulu County, Hawaii
In Honolulu, understanding the difference between "market value" and "assessed value" is key to comprehending property taxes. The market value represents the price a willing buyer would pay to a willing seller in an open, competitive market, considering location, property condition, and current economic trends. For tax purposes, this value is estimated by the Honolulu Appraisal District. The assessed value, however, 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. Assessment notices in Honolulu are typically mailed in the spring, usually by the middle of April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By distinguishing between these valuation concepts, property owners can better navigate their tax responsibilities and understand how their property taxes are affected. Being aware of these valuation processes in Honolulu will help you identify opportunities for appealing assessments or applying for exemptions to manage your tax burden more effectively. In Honolulu, the median home price is $887,100, with tax bills ranging from $1,411 at the 25th percentile to $5,280 at the 90th percentile. Pearl Harbor has the highest median tax bill at $247,654, while Las Vegas has the lowest at $300.
Property Tax Assessment Values Across Honolulu County, Hawaii
Source: Ownwell
$238,300
$874,850
$1,511,400
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 Honolulu County, Hawaii
City | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Aiea | $383,500 | $505,200 | $963,050 | $1,202,000 | $1,398,100 |
Barbers Point Nas | N/A | N/A | N/A | N/A | N/A |
Camp H M Smith | N/A | N/A | N/A | N/A | N/A |
Ewa Beach | $494,500 | $723,800 | $838,500 | $977,900 | $1,199,800 |
Fort Shafter | N/A | N/A | N/A | N/A | N/A |
Haleiwa | $776,200 | $1,174,600 | $1,511,400 | $1,916,450 | $3,271,200 |
Hauula | $99,900 | $426,800 | $791,200 | $1,086,800 | $1,341,900 |
Hickam Afb | N/A | N/A | N/A | N/A | N/A |
Honolulu | $322,600 | $454,900 | $823,200 | $1,290,400 | $1,778,120 |
Kaaawa | $371,700 | $647,700 | $1,038,600 | $1,271,200 | $1,489,060 |
Kahuku | $717,800 | $839,300 | $993,950 | $1,222,900 | $1,879,710 |
Kailua | $773,560 | $1,191,700 | $1,436,000 | $1,769,625 | $2,313,260 |
Kaneohe | $563,800 | $815,000 | $1,022,800 | $1,239,800 | $1,506,000 |
Kapolei | $518,800 | $683,600 | $863,800 | $1,011,200 | $1,267,200 |
Kunia | N/A | N/A | N/A | N/A | N/A |
Laie | N/A | N/A | N/A | N/A | N/A |
Las Vegas | $238,300 | $238,300 | $238,300 | $238,300 | $238,300 |
Mcbh Kaneohe Bay | N/A | N/A | N/A | N/A | N/A |
Mililani | $431,100 | $570,500 | $966,800 | $1,126,650 | $1,321,700 |
Pearl City | $426,700 | $757,800 | $943,300 | $1,019,700 | $1,098,100 |
Pearl Harbor | $36,600 | $152,550 | $535,600 | $9,374,150 | $75,918,500 |
Schofield Barracks | N/A | N/A | N/A | N/A | N/A |
Wahiawa | $330,290 | $753,350 | $856,700 | $959,500 | $1,109,570 |
Waialua | $397,700 | $798,400 | $967,800 | $1,158,800 | $1,491,500 |
Waianae | N/A | N/A | N/A | N/A | N/A |
Waimanalo | N/A | N/A | N/A | N/A | N/A |
Waipahu | $412,800 | $557,900 | $916,000 | $1,022,075 | $1,156,810 |
Source: Ownwell
Property Tax Bills Across Honolulu County, Hawaii
In Honolulu County, HI, property tax bills are calculated based on the assessed value of the property, which is determined by the local tax assessor. This assessed value is then multiplied by the county's property tax rate to determine the annual tax bill. Factors such as property location, market conditions, and property improvements can influence the assessed value. For homeowners in Honolulu County, the median home price stands at $887,100, leading to varying tax bills across different percentiles. For instance, the 25th percentile tax bill is $1,411, while the 75th percentile reaches $3,351, and the 90th percentile climbs to $5,280. These tax bills can significantly impact homeowners' finances, particularly when compared to the national median property tax rate of 0.99%. For example, Pearl Harbor sees the highest median tax bill at $247,654, whereas Las Vegas has the lowest at $300, highlighting the disparity within the region. Understanding these factors is crucial for homeowners to manage their property tax obligations effectively.
Average Honolulu County Tax Bill
$2,420
Average Hawaii Tax Bill
$2,234
Average United States Tax Bill
$2,690
Property Tax Bills Across Honolulu County, Hawaii
City | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
Aiea | $1,002 | $1,357 | $2,521 | $3,380 | $4,214 |
Barbers Point Nas | N/A | N/A | N/A | N/A | N/A |
Camp H M Smith | N/A | N/A | N/A | N/A | N/A |
Ewa Beach | $1,172 | $1,918 | $2,353 | $2,750 | $3,194 |
Fort Shafter | N/A | N/A | N/A | N/A | N/A |
Haleiwa | $2,465 | $3,219 | $4,628 | $7,285 | $14,316 |
Hauula | $300 | $1,353 | $2,308 | $2,978 | $4,766 |
Hickam Afb | N/A | N/A | N/A | N/A | N/A |
Honolulu | $828 | $1,270 | $2,269 | $3,733 | $6,090 |
Kaaawa | $960 | $1,975 | $2,844 | $3,672 | $5,480 |
Kahuku | $1,586 | $1,807 | $2,145 | $3,172 | $6,337 |
Kailua | $2,153 | $3,464 | $4,526 | $6,367 | $9,556 |
Kaneohe | $1,558 | $2,211 | $2,819 | $3,457 | $4,932 |
Kapolei | $937 | $1,647 | $2,355 | $2,862 | $3,385 |
Kunia | N/A | N/A | N/A | N/A | N/A |
Laie | N/A | N/A | N/A | N/A | N/A |
Las Vegas | $300 | $300 | $300 | $300 | $300 |
Mcbh Kaneohe Bay | N/A | N/A | N/A | N/A | N/A |
Mililani | $1,102 | $1,536 | $2,780 | $3,319 | $3,910 |
Pearl City | $1,089 | $1,974 | $2,582 | $2,903 | $3,244 |
Pearl Harbor | $247,654 | $247,654 | $247,654 | $247,654 | $247,654 |
Schofield Barracks | N/A | N/A | N/A | N/A | N/A |
Wahiawa | $903 | $1,929 | $2,312 | $2,696 | $3,092 |
Waialua | $1,145 | $2,109 | $2,550 | $3,124 | $5,350 |
Waianae | N/A | N/A | N/A | N/A | N/A |
Waimanalo | N/A | N/A | N/A | N/A | N/A |
Waipahu | $1,028 | $1,519 | $2,429 | $2,804 | $3,170 |
Source: Ownwell