Honolulu, HI — income, home value, property tax, and sales tax.
In ZIP code 96797, near Honolulu, homes carry a median value of $826,300, yet the county's effective property tax rate of 0.28% keeps annual taxes far below what that price tag might imply elsewhere. With median household income at $114,654 and per-capita income of $39,232, owners devote a smaller share of earnings to property taxes than in many high-cost markets. The combined sales tax rate of 4.50% adds little to everyday costs. Even so, the gap between home prices and per-capita earnings means buying here demands substantial income or equity.
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