Hawaii

Hawaii has an effective property tax rate of 0.27%, with a median annual property tax of $2,260. Properties are assessed at 100.0% of market value and reassessed annual. Payments are due semi-annual.

Effective Rate

0.27%

Assessment Ratio

100.0%

Median Annual Tax

$2,260

Payment Frequency

Semi-Annual

Appeal Deadline

Within 90 days of assessment notice (typically by April 9 for Real Property Board of Review)

Due Dates

First installment due August 20; second installment due February 20

Reassessment Cycle

Annual

Homestead Exception

$100,000 exemption for owner-occupants; $140,000 for homeowners 70+; up to $160,000 depending on age

Key Notes

Lowest effective property tax rate in the US. High home values mean taxes are still significant in dollar terms. Different rates for owner-occupied vs investment/rental properties (residential investment rate is roughly double).

Late Penalty

1% per month (12% annually) interest on delinquent taxes

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