What Is A Good Annual Salary In Hawaii?

$995 is the 25th percentile. Wages below this are outliers. $2,011 is the 90th percentile.


What are Top 10 Highest Paying Cities for Average Jobs in Hawaii.

City East Honolulu
Annual Salary $64,323
Monthly Pay $5,360
Weekly Pay $1,237
Hourly Wage $30.92

How much do you need to make a year to live comfortably in Hawaii?

According to the Hawaii Department of Business, Economic Development & Tourism’s (DBEDT) self-sufficiency income standards, the average resident needs to make $17.63 per hour in 2020 to enjoy a living wage.

What is the average annual income in Hawaii?

Table

Population
Mean travel time to work (minutes), workers age 16 years+, 2016-2020 28.4
Income & Poverty
Median household income (in 2020 dollars), 2016-2020 $87,722
Per capita income in past 12 months (in 2020 dollars), 2016-2020 $38,288

What is a good salary in Honolulu Hawaii?

A person working in Honolulu typically earns around 80,000 USD per year. Salaries range from 20,200 USD (lowest average) to 357,000 USD (highest average, actual maximum salary is higher). This is the average yearly salary including housing, transport, and other benefits.

Can I live in Hawaii on $2000 a month?

If you decide to rent, you’re looking payment of just under $2,000 per month, and that’s if you pay the median price. To keep the utilities running in a small apartment in Honolulu, you’re facing a cost of around $285 per month.

What is Hawaii middle class?

The minimum annual income to be considered middle class is lowest in Mississippi and highest in Hawaii, according to a new analysis. Dec.
America’s Fastest-Growing States.

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State Household Income Range for Middle Class
Hawaii $41,532 – $181,202
Idaho $25,989 – $103,435
Illinois $27,109 – $134,640
Indiana $22,915 – $98,771

What is middle class income Hawaii?

The median household income for middle-class families in Hawaii is $74,529. And the percentage of Hawaii families that fall into the middle class has declined about 4 percent since 1999, the review said. Meanwhile, Hawaii’s homeownership rate is 53.7 percent. That’s the second-lowest rate in the nation.

Can you live in Hawaii on 50K?

Life is what you make it, and life in Hawaii can be done at less than $50K per year in personal income, but I wouldn’t really recommend it unless you are ready to live very frugally. There are people that can do it on even $30K income per year.

What’s the average cost of living in Hawaii?

Living in Hawaii and Housing Cost

COUNTY AVERAGE RENT* INCOME NEEDED
Hawaii (Big Island) $1,194 $22.96/hour or $47,760/year
Honolulu (Oahu) $1,985 $38.17/hour or $79,400/year
Kauai $1,238 $23.81/hour or $49,520/year
Maui (includes Molokai and Lanai) $1,286 $24.73/hour or $51,440/year

What is a good salary in Oahu?

Average Salary in Honolulu, HI

Annual Salary Monthly Pay
Top Earners $97,578 $8,131
75th Percentile $73,183 $6,098
Average $69,453 $5,787
25th Percentile $48,301 $4,025

Is moving to Hawaii worth it?

Although it’s a more complex transition than a relocation on the mainland, moving to Hawaii offers plentiful rewards: beautiful weather year-round, easy access to miles of gorgeous white sand beaches, abundant outdoor activities, and, of course, Hawaii’s unique aloha spirit that infuses the local culture.

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Which island of Hawaii is best to live on?

If you’re just looking at the sheer number of incidents on each island, Kauai is the safest island to live on. In 2020, the Kauai Police Department reported the lowest number of violent crime incidents and property crime incidents of any of the four major islands.

How much is basic rent in Hawaii?

The average rent in Hawaii varies from one location to another. Data from NeighborhoodScout is $2,413 per month while the median home value is $672, 429. In Oahu and Honolulu, bedroom apartments can go for $1,743 on average. A studio in Oahu can cost about $1,670 while Waikiki can range from $1400 to $1700.

Where is the cheapest place to live in Hawaii?

Most Affordable Places to Live in Hawaii

  • Hana, Maui.
  • Hilo, Island of Hawaii.
  • Kahuku, Oahu.
  • Kapa’a, Kauai.
  • Wailuku, Maui.
  • Waimalu, Oahu.

Is it hard to get a job in Hawaii?

Is it Hard to Get a Job in Hawaii? It’s virtually impossible to get hired in Hawaii without being there. If you want to be offered a position, you need to be at least in the location (island) where the job posting is. Most applicants would never travel to job interviews in the islands.

How much money is rich in Hawaii?

Of those earning between $40,000 and $60,000 a year, 7% consider themselves “rich.” But when it comes to high-earners, those making $90,000 to $150,000 a year, just 9% consider themselves “rich” and 5% actually classify themselves as “poor.”

What is the top 1% in Hawaii?

The benchmark varies by state to be considered among the top 1% of earners. In Hawaii, you need an income of at least $453,000. SmartAsset used tax data from the IRS to determine the minimum income required to be among the highest earners in each state, which were then ranked based on the AGI of those in the top 1%.

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How much do you need to retire in Hawaii?

If you can comfortably live off $42,500 a year, have a pension or can file for Social Security, you can have a lower net worth and less income-generating investments at the beginning of your retirement journey.

What is the richest part of Hawaii?

Kalawao
Hawaii counties ranked by per capita income

Rank County Number of households
1 Kalawao 69
2 Honolulu 311,047
3 Maui 53,886
Hawaii 455,338

What is considered a rich salary?

For high earners, a three-person family needed an income between $106,827 and $373,894 to be considered upper-middle class, Rose says. Those who earn more than $373,894 are rich.

Why is it so expensive to live in Hawaii?

Conclusion. There are many other factors that affect the cost of living in Hawaii. But these three issues — high taxes, excessive land-use and zoning regulations, and the federal Jones Act — are some of the most important in explaining why Hawaii’s cost of living is so high.