Ewa Beach, Hawaii Property Taxes
The median property tax rate in Ewa Beach, HI is 0.28%, slightly below the state median of 0.29% but significantly lower than the national median of 0.99%. With a median home value of $838,500 in Ewa Beach, the typical annual property tax bill is about $2,353, which is less than the national median of $2,690. Property taxes in Ewa Beach are calculated based on the assessed value, which is often lower than the market value due to exemptions like the primary residence and agricultural exemptions. Understanding Ewa Beach'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 Ewa Beach or another part of Honolulu County, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Ewa Beach, Hawaii Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.28%
Estimate Property Tax Bill
$2,348
$2,179
Ownwell’s Ewa Beach Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Ewa Beach with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Ewa Beach 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 Ewa Beach, Hawaii
Property taxes in Ewa Beach, Hawaii, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Ewa Beach is 0.28%, which is significantly lower than the U.S. national median of 0.99%. Local government entities within Ewa Beach set these rates annually, and they can vary significantly across different neighborhoods. Each year, Ewa Beach 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 Ewa Beach's effective property tax rate to other counties in Hawaii and the national median. For comparison, the highest median property tax rate in the area is found in zip code 96813 at 0.35%, while the lowest median tax rate is in zip code 96706 at 0.25%. Understanding how these cities compare with Ewa Beach provides valuable insights into the varying tax landscape across Honolulu County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Ewa Beach Tax Rate
0.28%
Average Honolulu County Tax Rate
0.28%
Average Hawaii Tax Rate
0.29%
Average United States Tax Rate
0.99%
Property Tax Rates Across Ewa Beach, Hawaii
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 96706 | 0.23% | 0.26% | 0.28% | 0.30% | 0.32% |
Source: Ownwell
Property Tax Assessment Values Across Ewa Beach, Hawaii
In Ewa Beach, Hawaii, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value represents 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 Ewa Beach, 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 Ewa Beach helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The highest and lowest median tax bills in Ewa Beach are both $2,353, with the zip code 96706.
Average Ewa Beach Assessed Value
$838,500
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 Ewa Beach, Hawaii
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 96706 | $494,500 | $723,800 | $838,500 | $977,900 | $1,199,800 |
Source: Ownwell
Property Tax Bills Across Ewa Beach, Hawaii
In Ewa Beach, Honolulu County, HI, property tax bills are calculated based on the assessed value of a home, which is determined by the county's property assessment office. The assessed value is then multiplied by the local property tax rate to determine the annual tax bill. For instance, with a median home price of $838,500, the tax bill can vary significantly. At the 25th percentile, homeowners might pay around $1,918 annually, while those at the 75th percentile could see bills up to $2,750. The top 10% of property owners may even face taxes as high as $3,194. The highest and lowest median tax bills in Ewa Beach are both $2,353, highlighting a relatively consistent tax rate across the area. Compared to the national median property tax rate of 0.99%, Ewa Beach homeowners may find their tax bills more predictable, but still substantial due to the high property values. This system ensures that tax obligations are proportionate to property values, impacting homeowners by reflecting the real estate market's current state.
Average Ewa Beach Tax Bill
$2,353
Average Honolulu County Tax Bill
$2,420
Average Hawaii Tax Bill
$2,234
Average United States Tax Bill
$2,690
Property Tax Bills Across Ewa Beach, Hawaii
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 96706 | $1,172 | $1,918 | $2,353 | $2,750 | $3,194 |
Source: Ownwell