Honolulu, HI County is the most populous county in Hawaii and home to a variety of local businesses. With its warm weather, vibrant culture, and beautiful beaches, Honolulu is an excellent place to live. Rent for a two-bedroom property in Honolulu is around $2,250 compared to $1,430 nationwide. The grocery cost index also indicates that food prices are higher in Honolulu than the rest of the US; it is at 140 versus 100 for the overall country. There are many local companies based in Honolulu such as Hawaiian Airlines, Castle & Cooke Homes, First Hawaiian Bank, and Zippy's Restaurants. These businesses offer diverse job opportunities to those seeking employment in the area.
Honolulu County has an unemployment rate of 7.6%. The US average is 6.0%.
Honolulu County has seen the job market decrease by -10.5% 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 Honolulu County
- The Sales Tax Rate for Honolulu County is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Honolulu County 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 Honolulu County
- The average income of a Honolulu County resident is $40,339 a year. The US average is $37,638 a year.
- The Median household income of a Honolulu County resident is $92,600 a year. The US average is $69,021 a year.