Kailua, Honolulu County, Hawaii Property Taxes

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

Median KAILUA, HI effective property tax rate: 0.30%, significantly lower than the national median of 1.02%, but higher than the HI state median of 0.29%.
Median KAILUA, HI home value: $1,436,000
Median annual KAILUA, HI tax bill: $4,526, $2,126 higher than the national median property tax bill of $2,400.

How are property taxes in Honolulu calculated?

Property taxes in KAILUA, HI 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 KAILUA’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in KAILUA, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Kailua, Honolulu County, Hawaii Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.3%

Estimate Property Tax Bill

$4,308

$3,998

Ownwell’s Kailua Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Kailua with just two data points. By entering your property's estimated assessed value, our calculator applies Kailua’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 precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Honolulu. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Kailua, Honolulu County, Hawaii

Local government entities set tax rates, which can vary widely within a state. This is because each county annually estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction, resulting in the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is the annual process in a nutshell.

Kailua in Honolulu County, Hawaii, boasts an effective property tax rate significantly lower than the national median. With Hawaii’s median property tax rate at 0.30%, it stands out as one of the lowest in the nation, especially when compared to the national median property tax rate of 1.02%. This means residents in Kailua enjoy a lighter tax burden compared to many other areas across the United States.

Such a low tax rate can be an appealing factor for homeowners and potential buyers, offering a financial advantage that is hard to ignore. As a result, property owners in Kailua benefit from reduced annual expenses, making it an attractive location for those looking to maximize their investment while enjoying the scenic beauty of Hawaii.

Property Tax Rates Across Kailua, Honolulu County, Hawaii

Source: Ownwell

0.22%

0.27%

0.33%

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 Kailua Tax Rate

0.30%

Median Effective Honolulu County Tax Rate

0.28%

Median Effective Hawaii Tax Rate

0.29%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Kailua, Honolulu County, Hawaii

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
96734	0.26%	0.28%	0.30%	0.33%	0.56%

Source: Ownwell

Property Tax Assessment Values Across Kailua, Honolulu County, Hawaii

When examining property taxes in Kailua, HI, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Honolulu County appraisal district 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.

In Honolulu County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of April. 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 Kailua.

For example, the median home price in Kailua is $1,436,000, with tax bills ranging significantly across the county. The zip code 96734 has the highest median home price at $1,436,000.

Property Tax Assessment Values Across Kailua, Honolulu County, Hawaii

Source: Ownwell

$478,500

$994,950

$1,511,400

Median Kailua Market Value

$1,436,000

Median Honolulu County Market Value

$887,100

Median Hawaii Market Value

$781,500

Median United States Market Value

$235,294

Property Tax Assessment Values Across Kailua, Honolulu County, Hawaii

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
96734	$773,560	$1,191,700	$1,436,000	$1,769,625	$2,313,260

Source: Ownwell

Property Tax Bills Across Kailua, Honolulu County, Hawaii

In Kailua, located in Honolulu County, HI, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. The assessed value is then multiplied by the local property tax rate to calculate the annual tax bill. In Kailua, homeowners experience a median property tax bill of $4,526, which is significantly higher than the national median of $2,400. Factors such as location, home size, and improvements can influence the assessed value, thereby impacting the tax bill. The tax bill can range from $3,464 at the 25th percentile to $9,556 at the 90th percentile, illustrating the variability homeowners might face. Ownwell can assist homeowners in Kailua by identifying potential savings through tax appeals and exemptions. By analyzing property assessments and comparable sales, Ownwell ensures homeowners are not overpaying, potentially saving them thousands on their property tax bills.

Property Tax Bills Across Kailua, Honolulu County, Hawaii

Source: Ownwell

$1,400

$124,527

$247,654

Median Kailua Tax Bill

$4,526

Median Honolulu County Tax Bill

$2,420

Median Hawaii Tax Bill

$2,234

Median United States Tax Bill

$2,400

Property Tax Bills Across Kailua, Honolulu County, Hawaii

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
96734	$2,153	$3,464	$4,526	$6,367	$9,556

Source: Ownwell