Aiea, Honolulu County, Hawaii Property Taxes

Name: Property Tax Bills Across Aiea, Honolulu County, Hawaii
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Aiea, HI effective property tax rate: 0.28%, significantly lower than the national median of 1.02%, but lower than the HI state median of 0.29%.
Median Aiea, HI home value: $963,050
Median annual Aiea, HI tax bill: $2,521, $121 higher than the national median property tax bill of $2,400.

How are property taxes in Honolulu calculated?

Property taxes in Aiea, HI are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Aiea’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Aiea, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Aiea, Honolulu County, Hawaii Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.31%

Estimate Property Tax Bill

$2,903

$2,694

Ownwell’s Aiea Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Aiea with just two data points. By entering your property's estimated assessed value, our calculator applies Aiea’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Honolulu County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Aiea, Honolulu County, Hawaii

Local government entities set tax rates, which can vary widely within a state. This is because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Aiea’s effective property tax rate to other cities in Hawaii and the median property tax rates in Hawaii and the U.S. Aiea, located in Honolulu County, has a notably low effective property tax rate of 0.28%, which is significantly below both the national median property tax rate of 1.02% and the median rate in Hawaii. This low rate can result in substantial savings for property owners in Aiea compared to those in other parts of the country. In terms of property tax bills, residents in Aiea benefit from lower annual costs, offering an attractive aspect for homeowners seeking affordability. As property values and tax rates continue to evolve, understanding these trends can be crucial for current and prospective property owners in making informed decisions.

Property Tax Rates Across Aiea, Honolulu County, Hawaii

Source: Ownwell

0.29%

0.32%

0.35%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Aiea Tax Rate

0.31%

Median Effective Honolulu County Tax Rate

0.31%

Median Effective Hawaii Tax Rate

0.31%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Aiea, Honolulu County, Hawaii

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
96701	0.25%	0.29%	0.31%	0.34%	0.38%

Source: Ownwell

Property Tax Assessment Values Across Aiea, Honolulu County, Hawaii

When examining property taxes in Aiea, HI, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Honolulu County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill. Assessment notices: In Honolulu County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Aiea. For example, the median home price in Aiea is $963,050, with tax bills ranging significantly across the county. 96701 has the highest median home price at $963,100.

Property Tax Assessment Values Across Aiea, Honolulu County, Hawaii

Source: Ownwell

$448,000

$1,057,750

$1,667,500

Median Aiea Market Value

$936,350

Median Honolulu County Market Value

$874,200

Median Hawaii Market Value

$836,100

Median United States Market Value

$235,294

Property Tax Assessment Values Across Aiea, Honolulu County, Hawaii

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
96701	$396,350	$515,875	$936,350	$1,187,100	$1,398,350

Source: Ownwell

Property Tax Bills Across Aiea, Honolulu County, Hawaii

In Aiea, located in Honolulu County, HI, property tax bills are calculated based on the assessed value of a property, which is determined by the local tax assessor. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. For homeowners in Aiea, the property tax bill can vary significantly. For instance, the 25th percentile tax bill is $1,357, while the 75th percentile reaches $3,380, and the 90th percentile goes up to $4,214. Notably, the median tax bill in the 96701 zip code is $2,521, slightly above the national median of $2,400. This variability can impact homeowners' finances, making it essential to ensure their property is fairly assessed. Ownwell offers valuable assistance in this area by providing property tax appeal services. By analyzing your property's assessed value and comparing it to market trends, Ownwell can help identify discrepancies and potentially lower your tax bill, ensuring you only pay what is fair and accurate.

Property Tax Bills Across Aiea, Honolulu County, Hawaii

Source: Ownwell

$1,382

$141,266

$281,150

Median Aiea Tax Bill

$2,846

Median Honolulu County Tax Bill

$2,646

Median Hawaii Tax Bill

$2,488

Median United States Tax Bill

$2,400

Property Tax Bills Across Aiea, Honolulu County, Hawaii

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
96701	$1,124	$1,570	$2,846	$3,876	$5,024

Source: Ownwell