Holualoa, HI is an idyllic city located on the Big Island's northwest coast. It offers a beautiful view of the Pacific Ocean and surrounding mountains. The local economy is mainly driven by coffee farms, art galleries, local shops, and restaurants. The cost of living in Holualoa is quite high compared to the national average due to the higher rent prices and grocery cost index. The median two-bedroom apartment in Holualoa costs $3,050 while the US median two-bedroom apartment costs $1,430. Additionally, while the US Grocery Cost Index is 100, Holualoa has a Grocery Cost Index of 159. Local companies in Holualoa include Kona Coffee Purveyors, Kona Art Gallery & Boutique Inc., Shops At Mauna Lani Shopping Center LLC., and Koonui Hawaii Factory Outlet Store LLC.
Holualoa has an unemployment rate of 8.4%. The US average is 6.0%.
Holualoa 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 Holualoa
- The Sales Tax Rate for Holualoa is 4.0%. The US average is 7.3%.
- The Income Tax Rate for Holualoa is 8.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing 黑料社区.
Income and Salaries for Holualoa
- The average income of a Holualoa resident is $41,480 a year. The US average is $37,638 a year.
- The Median household income of a Holualoa resident is $84,205 a year. The US average is $69,021 a year.