Paauilo, HI, located on the northern coast of the island of Hawaii, has a cost of living that is well above the national average. The average 2 bedroom rent in Paauilo is estimated at $1,930, compared to $1,430 nationally. Similarly, the grocery cost index for Paauilo is 152 versus 100 in the US. This means that groceries are significantly more expensive than in other parts of the country. As such, local companies often have to factor this into employee wages and benefits when doing business in Paauilo. Popular companies based in Paauilo include Hawai'i Dairy Farms and Pacific Gold Marketing which specialize respectively in dairy products and gold buying services.
Paauilo (zip 96776) has an unemployment rate of 8.4%. The US average is 6.0%.
Paauilo (zip 96776) has seen the job market decrease by -10.9% over the last year. Future job growth over the next ten years is predicted to be 33.5%, which is higher than the US average of 33.5%.
Tax Rates for Paauilo (zip 96776)
- The Sales Tax Rate for Paauilo (zip 96776) is 4.0%. The US average is 7.3%.
- The Income Tax Rate for Paauilo (zip 96776) 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 Paauilo (zip 96776)
- The average income of a Paauilo (zip 96776) resident is $31,369 a year. The US average is $37,638 a year.
- The Median household income of a Paauilo (zip 96776) resident is $60,921 a year. The US average is $69,021 a year.