Waimalu, HI is a great place to live. It has a thriving economy with many local companies such as ABC Grocery Store, Honolulu Bank, and the Hawaii Pacific Mall. The average two bedroom rent in Waimalu is $2,410 which is significantly higher than the US average of $1,430. This indicates that the real estate market in Waimalu is strong and healthy. Additionally, the grocery cost index in Waimalu is 139 compared to 100 in the US. This means that groceries are relatively more expensive in Waimalu than elsewhere in the country. All these factors make Waimalu an attractive place to live due its economic stability and affordability.
Waimalu has an unemployment rate of 7.6%. The US average is 6.0%.
Waimalu 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 Waimalu
- The Sales Tax Rate for Waimalu is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Waimalu 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 Waimalu
- The average income of a Waimalu resident is $36,747 a year. The US average is $28,555 a year.
- The Median household income of a Waimalu resident is $80,613 a year. The US average is $69,021 a year.