Wailua Homesteads, HI is a residential area located on the Garden Isle of Kauai. It is known for its small-town charm and close proximity to many tourist attractions. The cost of living in Wailua Homesteads is high compared to the rest of the United States due to the high 2 bedroom rent ($4,280) and Grocery Cost Index (166 versus 100 in the US). Major companies in Wailua Homesteads include Koloa Rum Company, Kukui’ula Village Shopping Center, and Kauai Coffee Company. All these businesses are important economic drivers for the region and contribute to its strong local economy. The cost of living in Wailua Homesteads may be higher than other places in America but this area remains a great option for families looking for a cozy place to live that offers plenty of activities and attractions nearby.
Wailua Homesteads has an unemployment rate of 13.0%. The US average is 6.0%.
Wailua Homesteads 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 36.1%, which is higher than the US average of 33.5%.
Tax Rates for Wailua Homesteads
- The Sales Tax Rate for Wailua Homesteads is 4.0%. The US average is 7.3%.
- The Income Tax Rate for Wailua Homesteads 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 Wailua Homesteads
- The average income of a Wailua Homesteads resident is $33,173 a year. The US average is $28,555 a year.
- The Median household income of a Wailua Homesteads resident is $109,940 a year. The US average is $69,021 a year.