2017/2018 Real Property Tax Rates

CountyClassTaxable bldg per/$1000Taxable land per/$1000
HAWAII *Affordable Renting Housing$6.15$6.15
 Agricultural/Native Forests$9.35$9.35
 Apartment$11.70$11.70
 Commercial$10.70$10.70
 Conservation$11.55$11.55
 Homeowner$6.15$6.15
 Hotel/Resort$11.55$11.55
 Industrial$10.70$10.70
 Residential$11.10$11.10
HONOLULU **Agricultural$5.70$5.70
 Agricultural Vacant$8.50$8.50
 Commercial$12.40$12.40
 Hotel/Resort$12.90$12.90
 Industrial$12.40$12.40
 Preservation$5.70$5.70
 Public Service$0.00$0.00
 Residential$3.50$3.50
 Residential A (>$1M)$4.50$4.50
 Residential A ($1M<)$9.00$9.00
KAUAIAgricultural$6.75$6.75
 Commercial$8.10$8.10
 Commercial Residential$5.05$5.05
 Conservation$6.75$6.75
 Homestead$3.05$3.05
 Hotel/Resort$10.85$10.85
 Industrial$8.10$8.10
 Residential$6.05$6.05
 Residential Investor$7.05$7.05
 Vacation Rental$8.85$8.85
MAUI ***Agricultural$6.01$6.01
 Apartment$6.32$6.32
 Commercial$7.28$7.28
 Commercial Residential$4.56$4.56
 Conservation$6.37$6.37
 Homeowner$2.86$2.86
 Hotel/Resort$9.37$9.37
 Industrial$7.49$7.49
 Residential$5.54$5.54
 Time Share$15.43$15.43
    

* Hawaii County applies to the Big Island.
** Honolulu County applies to the island of Oahu.
*** Maui County applies to the islands of Lanai, Maui and Molokai.

Hawaii real property tax rates are for the fiscal year 2017-2018. The 1st installment payment of property taxes is due on August 20 and is for the tax period from July 1 to December 31. The 2nd installment payment due on February 20 is for the tax period from January 1 to June 30.

Homeowner Exemption

The law allows just one (1) home exemption; if a husband and wife live apart and own separate homes, each shall be entitled to one-half (1/2) of one exemption or to an exemption apportioned between their respective homes in proportion to the assessed value.

In order to qualify for a home exemption, you must own and occupy the property as your principal residence with the intent to reside on the island so many days in a calendar year: Hawaii (200 days), Honolulu (270 days), Kauai (181 days) and Maui (270 days).

The home exemption is deducted from the assessed value and the homeowner is taxed on the balance. Current home exemptions: Hawaii ($40,000), Honolulu ($80,000), Kauai ($160,000) and Maui ($200,000). Exemptions for homeowners 60 years and older: Hawaii (60-69: $80,000; 70+: $100,000), Honolulu (65+: $120,000) and Kauai (60-70: $180,000; 70+: $200,000).

To learn more about the homeowner's tax exmption, click here for further guidelines.

Tax Calculation

  • 1.  Determine "county assessed value".
  • 2.  Subtract home exemption if applicable.
  • 3.  Take assessed value divide by 1000 = (A).
  • 4.  Determine tax rate (B) from property Class.
  • 5.  Take (A) multiply by (B) = tax per/annum.
  • (Property is assessed at 100% of fee simple market value. Without knowing the assessed value, use the asking price.)

-----------  Property Tax Example I  ----------

  • Assessed value:  $500,000
  • County:  Kauai
  • Class:  Hotel/Resort
  • Tax rate:  $10.85
  • 1.  $500,000 divide by 1000 = 500
  • 2.  500 multiply by $10.85 = $5,425 (annual)
  • 3.  $5,425 divide by 12 = $452 (month)

----------  Property Tax Example II  ----------

  • Assessed value:  $500,000
  • County:  Maui
  • Class:  Homeowner
  • Tax rate:  $2.86
  • 1.  $500,000 subtract $200,000 = $300,000
  • 2.  $300,000 divide by 1000 = 300
  • 3.  300 multiply by $2.86 = $858 (annual)
  • 4.  $858 divide by 12 = $68 (month)
  • (If you own and occupy your Maui property as your principal residence, you are eligible for a $200,000 exemption.)

Important Dates

Hawaii County

1/1:  Assessed values set for next year.
1/20:  Second-half year bills mailed.
2/20:  Second-half year payments due.
3/15:  Assessment notices mailed.
4/9:  Deadline for filing appeals.
6/20:  Tax rate set by County Council.
6/30:  End of tax year.
7/1:  Beginning of tax year.
7/20:  First-half year bills mailed.
8/20:  First-half year payments due.
9/1:  Deadline for filing dedication petitions.
9/30:  Deadline for filing solar water credit.
12/31:  Deadline for filing exemption claims.

Helpful Tax Information Websites

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