Puako, HI is a coastal community known for its luxury resorts, crystal clear water, and nearby beaches. The cost of living in Puako is significantly higher than the US average, with a two-bedroom rent costing $3,400 versus the US average of $1,430. Additionally, grocery costs are also higher in Puako with an index of 161 compared to just 100 in the US. Despite being more expensive than other places in the country, Puako has much to offer tourists and those looking to call it home. Notable local companies include Big Island Candies and Pacific Park Beachfront Homes while attractions include everything from Wailea Bay to local farmers' markets.
Puako has an unemployment rate of 8.4%. The US average is 6.0%.
Puako has seen the job market decrease by -0.9% over the last year. Future job growth over the next ten years is predicted to be 33.5%, which is higher than the US average of 33.5%.
Tax Rates for Puako
- The Sales Tax Rate for Puako is 4.0%. The US average is 7.3%.
- The Income Tax Rate for Puako 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 Puako
- The average income of a Puako resident is $70,848 a year. The US average is $28,555 a year.
- The Median household income of a Puako resident is $103,500 a year. The US average is $69,021 a year.