Hawaii

Property Tax Rates & Rules

0.29%

Effective Rate

$2,465

Median Annual Tax

$850k

Median Home Value

Available

Homestead Exempt

Full Tax Details

Avg Effective Rate0.29%

Median Home Value$850,000

Median Annual Tax$2,465

Assessment Ratio100%

Homestead ExemptionYes

Senior ExemptionYes

Highest Rate CountyHonolulu

Lowest Rate CountyKauai

Payment ScheduleTwo installments: August 20 and February 20.

Assessment Method

Taxed on 100% of fair market value minus applicable exemptions.

Homestead Exemption Details

Basic exemption of $120,000 off assessed value for owner-occupied homes in Honolulu.

Senior Exemption Details

Exemption increases to $160,000 for residents 65+ (specific to Honolulu County).

How to Appeal Your Assessment

File with the Board of Review by January 15 for the upcoming tax year.

Official Source

Hawaii Tax Authority

Last verified: 2026-03-31 · Always confirm current rates before making real estate decisions.