Waialua, Honolulu County, Hawaii Property Taxes
Median Waialua, HI effective property tax rate: 0.27%, significantly lower than the national median of 1.02%, but lower than the Hawaii state median of 0.29%.
Median Waialua, HI home value: $967,800
Median annual Waialua, HI tax bill: $2,550, $150 higher than the national median property tax bill of $2,400.
How are property taxes in Honolulu calculated?
Property taxes in Waialua, 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 Waialua’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Waialua, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Waialua, Honolulu County, Hawaii Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.27%
Estimate Property Tax Bill
$2,613
$2,425
Property Tax Rates Across Waialua, Honolulu County, Hawaii
Local government entities set tax rates, which can vary widely within a state. This variation occurs because each county annually 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 Waialua’s effective property tax rate to other cities in Hawaii and the median property tax rates in Hawaii and the U.S. In Waialua, located in Honolulu County, the effective property tax rate is significantly lower than the national median property tax rate of 1.02%. This means that residents in Waialua enjoy a lighter property tax burden compared to many other areas across the country. Hawaii's median property tax rate is also notably lower than the national average, making it an attractive state for property owners. This lower tax rate contributes to the overall affordability and appeal of living in Waialua, offering residents the opportunity to enjoy the benefits of homeownership without the heavy financial burden seen in other states.
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 Waialua Tax Rate
0.27%
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 Honolulu County Tax Rate
0.28%
Median Effective Hawaii Tax Rate
0.29%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Waialua, Honolulu County, Hawaii
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 96791 | 0.23% | 0.25% | 0.27% | 0.30% | 0.39% |
Source: Ownwell
Property Tax Assessment Values Across Waialua, Honolulu County, Hawaii
When examining property taxes in Waialua, 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 Waialua.
For example, the median home price in Waialua is $967,800, with tax bills ranging significantly across the county. 96791 has the highest median home price at $967,800.
Property Tax Assessment Values Across Waialua, Honolulu County, Hawaii
Source: Ownwell
$478,500
$994,950
$1,511,400
Median Waialua Market Value
$967,800
Median Honolulu County Market Value
$887,100
Median Hawaii Market Value
$781,500
Median United States Market Value
$235,294
Property Tax Assessment Values Across Waialua, Honolulu County, Hawaii
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 96791 | $397,700 | $798,400 | $967,800 | $1,158,800 | $1,491,500 |
Source: Ownwell
Property Tax Bills Across Waialua, Honolulu County, Hawaii
Median Waialua Tax Bill
$2,550
Median Honolulu County Tax Bill
$2,420
Median Hawaii Tax Bill
$2,234
Median United States Tax Bill
$2,400
Property Tax Bills Across Waialua, Honolulu County, Hawaii
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 96791 | $1,145 | $2,109 | $2,550 | $3,124 | $5,350 |
Source: Ownwell