Punaluu, HI is a small town on the eastern shores of Oahu in Hawaii. It is known for its beautiful beaches and relaxed atmosphere. The average rent for a two-bedroom apartment in Punaluu is $2,160, which is about 50% higher than the national average of $1,430. The cost of groceries here is also slightly higher than the rest of the country; with an index score of 138 compared to 100 on the US scale. There are several local businesses that make up this small community such as Hoku Hawaiian BBQ restaurant, Punaluu Beach Store & Grill, and Kealopiko Clothing Boutique. All three offer unique products and experiences that help locals enjoy life on the island.
Punaluu has an unemployment rate of 7.6%. The US average is 6.0%.
Punaluu 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 31.1%, which is lower than the US average of 33.5%.
Tax Rates for Punaluu
- The Sales Tax Rate for Punaluu is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Punaluu 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 Punaluu
- The average income of a Punaluu resident is $27,491 a year. The US average is $28,555 a year.
- The Median household income of a Punaluu resident is $78,194 a year. The US average is $69,021 a year.