Kalaheo, Hawaii Property Taxes
The median property tax rate in Kalaheo, HI is 0.19%, significantly lower than both the national median of 0.99% and the Hawaii state median of 0.29%. With a median home value of $869,800, the typical annual property tax bill in Kalaheo reaches $1,881, which is well below the national median of $2,690. Property taxes in Kalaheo are calculated based on the tax assessed value, often lower than the market value due to various exemptions such as those for primary residences and agricultural properties. Understanding Kalaheo'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 Kalaheo 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
Kalaheo, Hawaii Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.19%
Estimate Property Tax Bill
$1,653
$1,534
Ownwell’s Kalaheo Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Kalaheo with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Kalaheo 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 Kalaheo, Hawaii
Property taxes in Kalaheo, Hawaii, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Kalaheo is 0.19%, significantly lower than both the Hawaii state median and the U.S. national median of 0.99%. Local government entities within Kalaheo set these rates annually, and they can vary significantly across different neighborhoods. Each year, Kalaheo 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 Kalaheo's effective property tax rate to other areas in Kauai County and the national median. For comparison, the 96765 zip code has both the highest and lowest median property tax rate of 0.50%. Understanding how these areas compare with Kalaheo provides valuable insights into the varying tax landscape across Kauai County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Kalaheo Tax Rate
0.19%
Average Kauai County Tax Rate
0.28%
Average Hawaii Tax Rate
0.29%
Average United States Tax Rate
0.99%
Property Tax Rates Across Kalaheo, Hawaii
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 96741 | 0.11% | 0.15% | 0.19% | 0.46% | 0.56% |
| 96756 | 0.16% | 0.16% | 0.16% | 0.16% | 0.16% |
| 96765 | 0.23% | 0.33% | 0.50% | 0.66% | 0.77% |
Source: Ownwell
Property Tax Assessment Values Across Kalaheo, Hawaii
In Kalaheo, 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 Kauai 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 Kalaheo, 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. The highest median tax bill in Kalaheo is $12,699 in the 96765 zip code, while the lowest is $1,367 in the 96756 zip code. Being aware of these valuation processes in Kalaheo helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Average Kalaheo Assessed Value
$869,800
Average Kauai County Assessed Value
$795,200
Average Hawaii Assessed Value
$781,500
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Kalaheo, Hawaii
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 96741 | $565,950 | $707,925 | $869,800 | $1,135,450 | $1,454,980 |
| 96756 | $863,200 | $863,200 | $863,200 | $863,200 | $863,200 |
| 96765 | $2,460,760 | $2,702,650 | $3,105,800 | $3,508,950 | $3,750,840 |
Source: Ownwell
Property Tax Bills Across Kalaheo, Hawaii
In Kalaheo, located in Kauai County, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value is then multiplied by the local property tax rate to determine the annual tax bill. Factors influencing the assessed value include the property's market value, location, and any improvements or renovations made to the property. Homeowners in Kalaheo experience a range of property tax bills. For instance, the tax bill at the 25th percentile is $1,244, while at the 75th percentile, it rises to $3,499. The 90th percentile tax bill can go as high as $5,644. These figures highlight the variability in tax burdens based on property values and assessments. Comparatively, the national median property tax rate is 0.99%, making it essential for homeowners in Kalaheo to understand how their local rates and assessed values influence their overall tax obligations. This understanding can help them better anticipate their annual property tax expenses and plan accordingly.
Average Kalaheo Tax Bill
$1,881
Average Kauai County Tax Bill
$2,304
Average Hawaii Tax Bill
$2,234
Average United States Tax Bill
$2,690
Property Tax Bills Across Kalaheo, Hawaii
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 96741 | $839 | $1,242 | $1,880 | $3,496 | $5,642 |
| 96756 | $1,367 | $1,367 | $1,367 | $1,367 | $1,367 |
| 96765 | $7,529 | $9,468 | $12,699 | $15,931 | $17,870 |
Source: Ownwell