Ocean Pointe, HI is a desirable place to live due to its beautiful ocean-side setting and lush tropical environment. The cost of living in Ocean Pointe, HI is higher than the US average thanks to the high cost of rental properties and food items. A two bedroom apartment can rent for up to $2,850 compared to only $1,430 nationwide. Additionally, the Grocery Cost Index in Ocean Pointe is 138 versus 100 in the US. There are many local businesses that contribute to the local economy such as Waipio Gentry Shopping Center and Walmart Supercenter which offer a range of goods at competitive prices. With so much on offer in terms of convenience, entertainment and beauty it's no surprise that Ocean Pointe has become a popular destination for both locals and tourists alike.
Ocean Pointe has an unemployment rate of 7.6%. The US average is 6.0%.
Ocean Pointe 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 Ocean Pointe
- The Sales Tax Rate for Ocean Pointe is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Ocean Pointe 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 Ocean Pointe
- The average income of a Ocean Pointe resident is $35,933 a year. The US average is $28,555 a year.
- The Median household income of a Ocean Pointe resident is $127,254 a year. The US average is $69,021 a year.