Zip 96701 (Waimalu, HI) Economy


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Waimalu, HI 96701 is an excellent place to live because it offers an affordable cost of living. The two bedroom rent prices are $2,360, which is much lower than the US average of $1,430. Not only is housing more accessible in Waimalu , but groceries are also more affordable with a grocery index of 139 compared to the US average of 100.
In addition to the low cost of living, Waimalu culture has something for everyone. There are plenty of local companies and events to explore in the community. Some local businesses include Honolulu Community College Bookstore, Hana Hou Restaurant, and Aina Nui Farms. Popular annual events that take place in Waimalu include the Waikele Community Association Summer Concert Series and the Hawaiian Humane Society Doggie Dash & Dawdle fundraiser walk/run.

Waimalu (zip 96701) has an unemployment rate of 7.6%. The US average is 6.0%.

Waimalu (zip 96701) 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 Waimalu (zip 96701)
- The Sales Tax Rate for Waimalu (zip 96701) is 4.5%. The US average is 7.3%.
- The Income Tax Rate for Waimalu (zip 96701) 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 Waimalu (zip 96701)
- The average income of a Waimalu (zip 96701) resident is $35,306 a year. The US average is $28,555 a year.
- The Median household income of a Waimalu (zip 96701) resident is $101,728 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWaimalu, HawaiiUnited States
  7.66
  -10.5%-6.2%
  31.1%33.5%
  4.5%6.2%
  8.3%4.6%
  $44,312$37,638
  $101,728$69,021
  $118,208$85,028
  Population by Occupation
  0.5%1.2%
  0.0%0.5%
  7.2%6.8%
  4.7%10.0%
  2.8%2.5%
  10.7%11.0%
  8.5%4.8%
  0.9%0.8%
  1.3%1.9%
  4.6%4.7%
  2.9%1.9%
  7.1%7.6%
  0.1%0.1%
  2.8%4.2%
  8.9%9.3%
  10.0%14.0%
  1.6%2.1%
  9.6%7.0%
  4.0%4.8%
  12.1%4.7%
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