Hawaii County, HI

Comprehensive housing, income, and cost of living data for Hawaii County, Hawaii. Population: 202.2K.

Median Home Price
$534.4K

Based on 24 cities

Median Household Income
$77.2K

Annual household income

Price-to-Income Ratio
6.9x

Less affordable

Salary Needed to Buy
$130.3K

30-yr mortgage, 6.5% rate, 20% down

Housing & Finance

Annual Property Tax
$1,392

Average annual amount

Effective Tax Rate
0.26%

Property tax / home value

Monthly Housing Costs
Mortgage (P&I)$2,702
Property Tax$116
Insurance$223
Total Monthly$3,041
Historical Home Prices
2015
$324.4K
2016
$338.6K
+4.4%%
2017
$357.8K
+5.7%%
2018
$365.8K
+2.2%%
2019
$380.0K
+3.9%%
2020
$408.9K
+7.6%%
2021
$480.6K
+17.5%%
2022
$564.2K
+17.4%%
2023
$555.2K
-1.6%%
2024
$567.7K
+2.3%%
2025
$553.4K
-2.5%%
Source: County price history data via Zillow ZHVI

Demographics & Economics

Unemployment Rate
2.4%%

Below national average

Population Density
50

People per square mile

Homicide Rate
3.9

Low (per 100K residents)

Political Lean (2020)
Competitive

D+0

Racial Demographics

White
30%
Black
0.7%
Hispanic
11.5%
Asian
20.8%
Two or More Races
25%

Source: Census ACS 2023. Hispanic/Latino ethnicity counted separately from race.

Climate & Environment

Natural Disaster Risk
High Risk

Score: 99/100

January Low
25°F

Average winter low

July High
87°F

Average summer high

Frequently Asked Questions

What is the median home price in Hawaii County, HI?

The median home price in Hawaii County, Hawaii is $534.4K. The price-to-income ratio is 6.9x, meaning the median home costs 6.9 times the median household income.

What salary do you need to buy a home in Hawaii County?

Based on a 30-year mortgage at 6.5% with 20% down and the 28% debt-to-income rule, you need approximately $130.3K per year to buy the median home in Hawaii County, HI. Monthly housing costs break down to $2,702 for mortgage, $116 for property tax, and $223 for insurance.

What is the property tax rate in Hawaii County?

The effective property tax rate in Hawaii County is 0.26%, which comes to approximately $1,392 per year on the median home.

What is the median household income in Hawaii County?

The median household income in Hawaii County, Hawaii is $77.2K per year, based on Census Bureau American Community Survey data. The unemployment rate is 2.4%%.

Is Hawaii County a good place to live?

Hawaii County, Hawaii has a population of 202.2K. Housing affordability is challenging with a price-to-income ratio of 6.9x. Compare Hawaii County with other areas using our cost of living tools to find the best fit for your budget and lifestyle.