Laupahoehoe is a small town located on the Big Island of Hawaii, with a population of about 2,500 people. It is known for its rich history, beautiful beaches and lush rainforests. The cost of living in Laupahoehoe is much higher than that of the rest of the United States, with a two bedroom rental averaging $2,760 per month versus a US average of $1,430 per month. Grocery costs are also significantly higher than the national average at 158 compared to 100 in the US. The town boasts several local businesses such as the LaupaHoeHoe Trading Company which offers locally made souvenirs and gifts from Hawaii along with an array of fresh produce. Hawaiian Style Café serves up island-style cuisine while Backyard Bar on Beach offers tropical drinks and burgers by day, then transitions to live music come nightfall. Whether you’re looking to soak up some sun on the beach or explore lush rainforests, Laupahoehoe has something for everyone!
Laupahoehoe has an unemployment rate of 8.4%. The US average is 6.0%.
Laupahoehoe 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 Laupahoehoe
- The Sales Tax Rate for Laupahoehoe is 4.0%. The US average is 7.3%.
- The Income Tax Rate for Laupahoehoe 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 Laupahoehoe
- The average income of a Laupahoehoe resident is $23,249 a year. The US average is $28,555 a year.
- The Median household income of a Laupahoehoe resident is $49,632 a year. The US average is $69,021 a year.