Kaneohe, Honolulu County, Hawaii Property Taxes
Median Kaneohe, HI effective property tax rate: 0.28%, significantly lower than the national median of 1.02%, but lower than the Hawaii state median of 0.29%.
Median Kaneohe, HI home value: $1,022,800
Median annual Kaneohe, HI tax bill: $2,819, $419 higher than the national median property tax bill of $2,400.
How are property taxes in Honolulu County calculated?
Property taxes in Kaneohe, 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 Kaneohe’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Kaneohe, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Kaneohe, Honolulu County, Hawaii Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.28%
Estimate Property Tax Bill
$2,864
$2,658
Property Tax Rates Across Kaneohe, Honolulu County, Hawaii
Local government entities in Kaneohe, Honolulu County, HI, set property tax rates, which can differ significantly across the state. This happens because each year, the county estimates the necessary budget to fund essential services and divides it by the total assessed value of all taxable property within its jurisdiction. This calculation determines the property tax rate. Although setting tax rates and budgets involves votes and legislation, this is the basic process followed annually.
When comparing Kaneohe’s effective property tax rate to other cities in Hawaii, it's notable how it stands out. The median property tax rate in Hawaii is significantly lower than the national median of 1.02%. Kaneohe's effective property tax rate is particularly favorable compared to the national average, making it an attractive location for property owners. This lower tax rate can lead to substantial savings for homeowners when compared to other regions in the United States. The combination of Hawaii's appealing climate and Kaneohe's advantageous tax rates offers a compelling reason for potential homeowners to consider this area as a prime destination for real estate investment.
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 Kaneohe Tax Rate
0.28%
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 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 Kaneohe, Honolulu County, Hawaii
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 96744 | 0.23% | 0.26% | 0.28% | 0.30% | 0.33% |
Source: Ownwell
Property Tax Assessment Values Across Kaneohe, Honolulu County, Hawaii
When examining property taxes in Kaneohe, 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 Kaneohe. For example, the median home price in Kaneohe is $1,022,800, with tax bills ranging significantly across the county. Zip code 96744 has the highest median home price at $1,022,800.
Property Tax Assessment Values Across Kaneohe, Honolulu County, Hawaii
Source: Ownwell
$478,500
$994,950
$1,511,400
Median Kaneohe Market Value
$1,022,800
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 Kaneohe, Honolulu County, Hawaii
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 96744 | $563,800 | $815,000 | $1,022,800 | $1,239,800 | $1,506,000 |
Source: Ownwell
Property Tax Bills Across Kaneohe, Honolulu County, Hawaii
Median Kaneohe Tax Bill
$2,819
Median Honolulu County Tax Bill
$2,420
Median Hawaii Tax Bill
$2,234
Median United States Tax Bill
$2,400
Property Tax Bills Across Kaneohe, Honolulu County, Hawaii
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 96744 | $1,558 | $2,211 | $2,819 | $3,457 | $4,932 |
Source: Ownwell