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Honalo

Learn about the people, housing, costs and businesses in Honalo, Hawaii

Median Home$1,055,700
Median Rent$1,663/month
Population992
Leading IndustriesHealthcare · Arts, Food & Hospitality · Professional Services13% healthcare
Home Value Growth-4.8% over 2 years
Young Adults34% of residentswell above average
Homeowners62% of occupied units
NotableVeteran Community9% of residents · top 22% nationally
NotableHigh Incomes$86k/year · top 29% nationally
Honalo
HI

Frequently Asked Questions

What are today's mortgage rates in Honalo?

As of today, the 30-year fixed mortgage rate for Honalo is approximately 6.904% (6.940% 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 Honalo?

The median home value in Honalo is $1.1M. The median monthly rent is $1,663. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Honalo?

Home values in Honalo have decreased 4.8% over the past two years. Buyers may find more negotiating room in this market. 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 Honalo?

Based on a typical all-in ownership cost of $1,699/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $73k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Honalo is $86k/year.

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What industries drive the economy in Honalo?

The largest employment sectors in Honalo are public administration (26%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.