96819 Honolulu, HI is one of the most popular tourist destinations in the US, due to its stunning white sand beaches and beautiful blue waters. As such, it has an incredibly high cost of living. The two bedroom rent in Honolulu is $1,920 which is significantly higher than the US average of $1,430. Similarly, the Grocery Cost Index in Honolulu is 142 versus 100 in the US. There are many local companies located in 96819 Honolulu, HI that contribute to its economy despite the high cost of living. Companies like Hawaiian Airlines, Bank of Hawaii and HMSA all have their headquarters based here. Hawaiian Airlines is a major airline provider that offers flights across Hawaii and from Hawaii to other locations as well as vacation packages for tourists. Bank of Hawaii provides financial services to customers across Hawaii while HMSA provides healthcare services for customers throughout the region. All these companies help create jobs and bolster Honolulu’s economic growth despite it being an expensive place to live and visit.
Honolulu (zip 96819) has an unemployment rate of 7.6%. The US average is 6.0%.
Honolulu (zip 96819) 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 (zip 96819)
- The Sales Tax Rate for Honolulu (zip 96819) is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Honolulu (zip 96819) 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 96819)
- The average income of a Honolulu (zip 96819) resident is $29,485 a year. The US average is $37,638 a year.
- The Median household income of a Honolulu (zip 96819) resident is $90,678 a year. The US average is $69,021 a year.