Makakilo, HI is a vibrant city located in Honolulu County on the island of Oahu. It is home to many well-known businesses such as Hawaiian Cement, Makakilo Fresh Farms, and Papa's Pizzeria. The average 2 bedroom rent in Makakilo is $2,410 per month compared to the US average of $1,430 per month. Furthermore, the Grocery Cost Index in Makakilo is 139 versus 100 in the US which suggests a higher cost of living than its national counterparts. In conclusion, Makakilo is a great place to live with plenty of job opportunities and beautiful scenery but comes at a slightly higher price than other parts of the country.
Makakilo has an unemployment rate of 7.6%. The US average is 6.0%.
Makakilo has seen the job market decrease by -10.5% 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 Makakilo
- The Sales Tax Rate for Makakilo is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Makakilo 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 Makakilo
- The average income of a Makakilo resident is $45,492 a year. The US average is $37,638 a year.
- The Median household income of a Makakilo resident is $119,449 a year. The US average is $69,021 a year.