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Honolulu Reporter

Friday, January 17, 2025

Analysis: Honolulu County effective property tax rates were lower than the national average in Q3

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Property owners in Honolulu County paid 0.2% of the value of their homes in property taxes in the third quarter of 2024, which is less than 0.2 times the national average, according to the real estate analysis posted by Honolulu Reporter.

The median sales price of a Honolulu County home in the third quarter of 2024 was $1,210,000, based on data from the 1,921 properties sold during that time. In 2024, the median tax bill for the county was $2,712, which is 0.2% of the median value of the homes that were taxed.

This is 0.2 times lower than the average effective property tax rate of 1.11% in the U.S. in 2023.

The analysis of Honolulu County real estate data showed homeowners in Waipahu, Kaaawa, and Mililani Mauka paid the highest rates.

The above article calculates the effective property tax rate for 2024 using estimated inflation values and 2022 tax data provided by the county. In some cases, the actual effective property tax rate may vary slightly.

The following table compares Waipahu with some other cities belonging to Honolulu County by their median effective property tax rate, calculated using sales and property tax data from the third quarter of 2024.

CityQ3 2024 SalesQ3 2024 Median PriceMedian tax 2024Effective tax rate
Waipahu28$407,500$2,8670.7%
Kaaawa5$531,600$3,0960.6%
Mililani Mauka50$566,500$3,0970.5%
Urban Honolulu894$500,000$2,1480.4%
Mokuleia6$580,000$2,5400.4%
Waipio26$915,000$2,4360.3%
Makaha44$327,000$9670.3%
Waimalu45$515,000$1,4710.3%
Waipio Acres31$453,250$1,3920.3%
Hauula3$877,500$2,8470.3%
Haleiwa8$1,815,000$3,2730.2%
Ewa Gentry67$1,570,000$2,5190.2%
Kapolei36$1,445,000$2,4450.2%
Wahiawa26$1,490,000$2,5820.2%
West Loch Estate4$1,791,500$2,7050.2%
Mililani Town50$1,480,000$3,2270.2%
Ewa Villages6$1,560,000$2,5010.2%
Kaneohe86$1,700,000$3,0370.2%
Ocean Pointe62$1,938,500$3,0280.2%
Royal Kunia20$1,845,000$2,7770.2%
Nanakuli10$317,250$5570.2%
Waikele19$1,240,000$1,9340.2%
Makakilo49$1,426,000$2,7560.2%
Ahuimanu13$1,570,000$2,7670.2%
Ewa Beach19$1,410,000$2,4490.2%
Halawa13$1,820,000$3,2060.2%
Ko Olina20$2,325,000$2,7630.1%
Kailua71$3,675,000$4,9650.1%
Waialua4$3,765,000$2,9330.1%
East Honolulu77$3,750,000$4,1570.1%
Pearl City52$2,371,900$2,9120.1%
Waianae8$1,096,250$1,4860.1%
Aiea5$3,330,000$3,5360.1%
Maili30$1,360,000$1,9820.1%
Heeia6$3,750,000$3,7100.1%
East Kapolei7$1,980,000$2,4650.1%
Kahaluu6$3,915,000$3,8830.1%
Waimanalo2$2,305,000$2,4660.1%
Maunawili2$4,350,000$5,0240.1%
Kahuku3$1,750,000$2,3510.1%
Kawela Bay4$4,797,500$2,359<0.1%

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