Kealia, Kauai County, Hawaii Property Taxes
The median property tax rate in Kealia, HI is 0.26%, considerably lower than both the national median of 0.99% and the Hawaii state median of 0.29%. With the median home value in Kealia at $627,500, the typical annual property tax bill reaches $1,925, which is significantly below the national median of $2,690. Property taxes in Kealia 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 Kealia'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 Kealia 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
Kealia, Kauai County, Hawaii Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.26%
Estimate Property Tax Bill
$1,632
$1,514
Ownwell’s Kealia Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Kealia with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Kealia 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 Kealia, Kauai County, Hawaii
Property taxes in Kealia, Hawaii, are crucial for funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Kealia is 0.26%, significantly lower than both the Hawaii state median and the U.S. national median of 0.99%. Local government entities within Kealia set these rates annually, and they can vary significantly across different neighborhoods. Each year, Kealia 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 Kealia's effective property tax rate to other counties in Hawaii and the national median. For comparison, the highest median property tax rate in the state is found in another zip code, while the lowest median tax rate is in a different area. Understanding how these cities compare with Kealia 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 Kealia Tax Rate
0.26%
Average Kauai County Tax Rate
0.28%
Average Hawaii Tax Rate
0.29%
Average United States Tax Rate
0.99%
Property Tax Rates Across Kealia, Kauai County, Hawaii
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 96751 | 0.19% | 0.21% | 0.26% | 0.59% | 0.89% |
Source: Ownwell
Property Tax Assessment Values Across Kealia, Kauai County, Hawaii
In Kealia, 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 Kealia, 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 Kealia helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest and lowest median tax bill is 96751, both with a median tax bill of $1,925.
Property Tax Assessment Values Across Kealia, Kauai County, Hawaii
Source: Ownwell
$597,500
$1,655,825
$2,714,150
Average Kealia Assessed Value
$627,500
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 Kealia, Kauai County, Hawaii
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 96751 | $406,920 | $497,000 | $627,500 | $812,300 | $5,324,200 |
Source: Ownwell
Property Tax Bills Across Kealia, Kauai County, Hawaii
In Kealia, property tax bills are determined by assessing the property's value and applying the relevant tax rate set by Kauai County. The median home price in Kealia stands at $627,500, which significantly influences the tax calculations. The assessed value of a property is a critical factor, as it represents the market value for tax purposes. Homeowners in Kealia can expect a range of tax bills, with the 25th percentile at $1,087 and the 75th percentile at $4,485. For those in the higher bracket, the 90th percentile tax bill can reach up to $44,419. This variability in tax bills reflects differences in property values and any exemptions or deductions that may apply. Compared to the national median property tax rate of 0.99%, Kealia's tax bills can be quite varied. Homeowners must be aware of these factors as they can significantly impact annual expenses and overall affordability. The highest and lowest median tax bills in Kealia are both recorded at $1,925 in the 96751 zip code, illustrating a range within the community.
Average Kealia Tax Bill
$1,925
Average Kauai County Tax Bill
$2,304
Average Hawaii Tax Bill
$2,234
Average United States Tax Bill
$2,690
Property Tax Bills Across Kealia, Kauai County, Hawaii
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 96751 | $897 | $1,087 | $1,925 | $4,485 | $44,419 |
Source: Ownwell