Waikapu, HI is an attractive destination for many people looking to relocate. With an average 2 bedroom rent of $1,760, it is slightly higher than the national average of $1,430, indicating that Waikapu housing costs are on the rise. Additionally, the Grocery Cost Index in Waikapu is 152 compared to 100 across the United States, which suggests that groceries can be expensive in this area. But despite these factors, Waikapu has much to offer its residents.
This small town lies on the beautiful western shore of Maui and offers breathtaking views over the crystal blue waters of the Pacific Ocean. It's home to many local companies such as Kite Flying Hawaii which offers flights over Haleakala National Park and Ali'i Kula Lavender where visitors can explore a wonderful lavender farm full of exquisite colors and scents. Along with its stunning natural beauty and warm climate year-round, Waikapu also features excellent schools and healthcare options making it an ideal location for families with children.
Waikapu has an unemployment rate of 12.2%. The US average is 6.0%.
Waikapu 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 35.6%, which is higher than the US average of 33.5%.
Tax Rates for Waikapu
- The Sales Tax Rate for Waikapu is 4.0%. The US average is 7.3%.
- The Income Tax Rate for Waikapu 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 Waikapu
- The average income of a Waikapu resident is $29,179 a year. The US average is $28,555 a year.
- The Median household income of a Waikapu resident is $110,076 a year. The US average is $69,021 a year.