Waipio, HI is known for its beautiful beaches and lush landscapes. The city is well regarded as a great place to live due to its low cost of living, with 2 bedroom rent in Waipio coming in at just $2,100 compared to the US average of $1,430. Additionally, grocery costs in Waipio are approximately 39% higher than those in the US according to the Grocery Cost Index. Some local companies in Waipio include Maui Hybrid Tours, offering amazing sightseeing tours around the area; Haleokala Floral Design Studio which offers stunning floral arrangements; and Kula Urchin providing delicious lunch options. The cost difference between Waipio and the US can best be seen when comparing groceries, where items such as bread or milk are significantly more expensive in Waipio than they are across America.
Waipio has an unemployment rate of 7.6%. The US average is 6.0%.
Waipio 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 Waipio
- The Sales Tax Rate for Waipio is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Waipio 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 Waipio
- The average income of a Waipio resident is $30,244 a year. The US average is $28,555 a year.
- The Median household income of a Waipio resident is $94,912 a year. The US average is $69,021 a year.