Wailuku, HI Economy


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Wailuku, Hawaii is a thriving city on the island of Maui. It's a popular destination for tourists and locals alike, offering a wide variety of activities. The cost of living in Wailuku is higher than the US average particularly when it comes to rent and groceries. The average rent for a 2 bedroom apartment in Wailuku is $1,760 whereas the same size apartment would be about $1,430 in the US. Similarly, grocery costs in Wailuku have an index score of 152 compared to 100 on the US average. Local companies in Wailuku include Molokai Fresh Market, Jamba Juice, and Island Discount Hardware. With its unique culture and high cost of living, Wailuku is an attractive location for many people who are looking to move to Hawaii.

Wailuku has an unemployment rate of 12.2%. The US average is 6.0%.

Wailuku has seen the job market decrease by -20.3% 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 Wailuku
- The Sales Tax Rate for Wailuku is 4.0%. The US average is 7.3%.
- The Income Tax Rate for Wailuku 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 Wailuku
- The average income of a Wailuku resident is $39,571 a year. The US average is $37,638 a year.
- The Median household income of a Wailuku resident is $83,393 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWailuku, HawaiiUnited States
  12.26
  -20.3%-6.2%
  35.6%33.5%
  4.0%6.2%
  8.3%4.6%
  $39,571$37,638
  $83,393$69,021
  $101,794$85,028
  Population by Occupation
  0.6%1.2%
  0.0%0.5%
  7.0%6.8%
  2.9%10.0%
  3.4%2.5%
  12.2%11.0%
  4.3%4.8%
  2.0%0.8%
  1.8%1.9%
  3.0%4.7%
  3.1%1.9%
  7.4%7.6%
  0.0%0.1%
  6.4%4.2%
  7.1%9.3%
  10.4%14.0%
  4.3%2.1%
  10.4%7.0%
  5.0%4.8%
  8.7%4.7%
Reviews for Wailuku
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Over 10 years ago

You can't beat the weather here. If you like the 4 seasons the islands wouldn't be the place for you.   More

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Over 16 years ago

the tourist economy has fallen apart, major layoffs state wide. All major airlines getting close to pulling out of west coast market. Aloha and ATA both went out of  More

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Over 18 years ago

Wailuku is a beautiful place to live. The climate is wetter than the south side of Maui because we are next to the west Maui mountains. It will drizzle a little each  More

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