Papaikou, HI is a small town located on the eastern coast of the Big Island of Hawaii. With a population of just over 1,000 people, it has a peaceful and welcoming atmosphere perfect for families looking for relaxation. Additionally, Papaikou is an affordable place to live with two-bedroom houses renting for $2,020 compared to $1,430 in the US. Grocery costs are also relatively low with an index rating of 149 compared to 100 in the US. Living in Papaikou will surely help anyone save money while enjoying all that this beautiful island has to offer.
Some local companies in Papaikou include Papaikou Market & Deli which offers fresh produce and deli items, B&B Farms which sells locally grown fruits and vegetables, Kapolioka'ehukai Surfboards which creates custom surfboards and stand up paddle boards, and Kawaikini Farm Sanctuary which provides educational workshops on sustainable farming practices.
Papaikou has an unemployment rate of 8.4%. The US average is 6.0%.
Papaikou 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 Papaikou
- The Sales Tax Rate for Papaikou is 4.0%. The US average is 7.3%.
- The Income Tax Rate for Papaikou 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 Papaikou
- The average income of a Papaikou resident is $20,363 a year. The US average is $28,555 a year.
- The Median household income of a Papaikou resident is $64,063 a year. The US average is $69,021 a year.