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Hawaii

Learn about the people, housing, costs and businesses across Hawaii

Median Home$849,402
Median Rent$2,160/month
Population1,445,235
Leading IndustriesEducation · Wholesale Trade3% education
Home Value Growth⬆⬆+12.7% over 2 years
Retirees20% of residentsabove average nationally
Homeowners63% of occupied units
NotableVeteran Community9% of residents · top 6% nationally
NotableTransit81/100 · excellent transit access
Hawaii

Frequently Asked Questions

What are today's mortgage rates in Hawaii?

As of today, the 30-year fixed mortgage rate for Hawaii is approximately 6.598% (6.635% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Hawaii?

The median home value in Hawaii is $849k. The median monthly rent is $2,160. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Hawaii?

Home values in Hawaii have increased 12.7% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Hawaii?

Based on a typical all-in ownership cost of $2,086/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $89k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Hawaii is $107k/year.

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What industries drive the economy in Hawaii?

The largest employment sectors in Hawaii are public administration (23%) and healthcare (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.