Kula, HI is a beautiful rural town located on the Hawaiian island of Maui. Known for its stunning views and laid back atmosphere, Kula attracts many tourists every year. Although the cost of living is higher than that of the United States in general, housing costs are still relatively affordable with an average two bedroom rent coming in at $1,840 compared to the US average of $1,430. Furthermore, grocery costs have a higher index rating in Kula than in the US—158 versus 100 respectively. Despite these price differences, Kula is the perfect place to live for those looking to escape their busy lives and enjoy some peace and quiet among nature.
Companies local to Kula include Haleakala Solar, Haleakala Ranch Co., LLC., UpCountry Real Estate Inc., Wailele Lani Farm & Nursery LLP and many more.
Kula has an unemployment rate of 12.2%. The US average is 6.0%.
Kula has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 35.6%, which is higher than the US average of 33.5%.
Tax Rates for Kula
- The Sales Tax Rate for Kula is 4.0%. The US average is 7.3%.
- The Income Tax Rate for Kula is 8.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Kula
- The average income of a Kula resident is $39,285 a year. The US average is $28,555 a year.
- The Median household income of a Kula resident is $86,938 a year. The US average is $69,021 a year.