The city of Honolulu, HI boasts a population of 96814, making it one of the most densely populated cities in the US. The average rent for a two-bedroom apartment in Honolulu is $2,370, which is significantly higher than the national average of $1,430. Similarly, the Grocery Cost Index in Honolulu is 136 versus 100 in the US. Local businesses such as Whole Foods Market Honolulu, Safeway Kapahulu and Star Market Kahala offer grocery items at slightly higher prices compared to other parts of the country. For those looking for an affordable way to feed their families, local farmers’ markets such as Kakaako Farmers’ Market, Kapiolani Community College Farmers’ Market and Aloha Stadium Swap Meet provide fresh produce at lower prices.
Honolulu (zip 96814) has an unemployment rate of 7.6%. The US average is 6.0%.
Honolulu (zip 96814) 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 Honolulu (zip 96814)
- The Sales Tax Rate for Honolulu (zip 96814) is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Honolulu (zip 96814) 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 (zip 96814)
- The average income of a Honolulu (zip 96814) resident is $41,748 a year. The US average is $28,555 a year.
- The Median household income of a Honolulu (zip 96814) resident is $64,635 a year. The US average is $69,021 a year.