Haleiwa, Honolulu County, Hawaii Property Taxes
The median property tax rate in Haleiwa, HI is 0.30%, slightly higher than both the national median of 0.99% and the Hawaii state median of 0.29%. With the median home value in Haleiwa at $1,511,400, the typical annual property tax bill reaches $4,628, exceeding the national median of $2,690. Property taxes in Haleiwa are calculated based on the tax assessed value, which typically falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding Haleiwa'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 Haleiwa 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
Haleiwa, Honolulu County, Hawaii Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.3%
Estimate Property Tax Bill
$4,534
$4,208
Ownwell’s Haleiwa Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Haleiwa with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Haleiwa 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 Haleiwa, Honolulu County, Hawaii
Property taxes in Haleiwa, Hawaii, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Haleiwa is 0.30%, significantly lower than both the Hawaii state median and the U.S. national median of 0.99%. Local government entities within Haleiwa set these rates annually, and they can vary significantly across different neighborhoods. Each year, Haleiwa 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 Haleiwa's effective property tax rate to other counties in Hawaii and the national median. Understanding how these cities compare with Haleiwa 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 Haleiwa Tax Rate
0.30%
Average Honolulu County Tax Rate
0.28%
Average Hawaii Tax Rate
0.29%
Average United States Tax Rate
0.99%
Property Tax Rates Across Haleiwa, Honolulu County, Hawaii
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 96712 | 0.24% | 0.27% | 0.30% | 0.38% | 0.66% |
Source: Ownwell
Property Tax Assessment Values Across Haleiwa, Honolulu County, Hawaii
In Haleiwa, 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 Haleiwa, 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 Haleiwa helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. Notably, the highest and lowest median tax bills in the area are both $4,628, found in zip code 96712.
Property Tax Assessment Values Across Haleiwa, Honolulu County, Hawaii
Source: Ownwell
$478,500
$994,950
$1,511,400
Average Haleiwa Assessed Value
$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 Haleiwa, Honolulu County, Hawaii
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 96712 | $776,200 | $1,174,600 | $1,511,400 | $1,916,450 | $3,271,200 |
Source: Ownwell
Property Tax Bills Across Haleiwa, Honolulu County, Hawaii
Property tax bills in Haleiwa, located in Honolulu County, HI, are determined by multiplying the assessed value of a property by the local tax rate. The assessed value is typically a percentage of the property's market value, which is influenced by factors such as location, property size, and market conditions. The median home price in Haleiwa is $1,511,400, which significantly impacts the tax bills. Homeowners in Haleiwa can expect a range of tax bills depending on their property's assessed value. For instance, the 25th percentile tax bill is $3,219, while the 75th percentile tax bill reaches $7,285. At the 90th percentile, homeowners might face tax bills as high as $14,316. The median tax bill stands at $4,628, which is higher than the national median property tax rate of 0.99%. These property taxes are crucial for funding local services, including schools, infrastructure, and emergency services, thereby directly affecting the quality of life for homeowners in Haleiwa.
Average Haleiwa Tax Bill
$4,628
Average Honolulu County Tax Bill
$2,420
Average Hawaii Tax Bill
$2,234
Average United States Tax Bill
$2,690
Property Tax Bills Across Haleiwa, Honolulu County, Hawaii
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 96712 | $2,465 | $3,219 | $4,628 | $7,285 | $14,316 |
Source: Ownwell