Kauai County Real Estate and Livability Trends
Kauai County, Hawaii has exhibited rapid real estate appreciation, with median home values rising from $480,600 in 2015 to $742,900 in 2022, which might be drawing interest from investors and new residents. Economic growth is suggested by an average taxable income per tax return that peaked at $80,385.18 in 2021. Concurrently, increasing real estate taxes, energy tax credits, and income taxes... Read more
Kauai County Market Trends
Median home values in Kauai County, Hawaii rose from $480,600 in 2015 to $742,900 in 2022, outpacing state and national trends. This indicates strong housing demand, likely enticing investors or new residents. Residential energy tax credits nearly doubled from $2,857.33 in 2013 to around mid-$4,500s recently, showcasing a push towards renewable energy. Real estate taxes also increased from... Read more
Median Value of Occupied Housing Units in Kauai County, Hawaii Over the Last 8 Years
Median home values in Kauai County, Hawaii have seen a consistent increase over the past eight years, with figures rising from $480,600 in 2015 to $742,900 in 2022. This growth outpaces both the state of Hawaii, which saw values rise from $515,300 to $764,800, and national trends, where values increased from $125,500 to $179,400 over the same period. This rapid appreciation in Kauai County suggests a robust housing demand and could be an attractive opportunity for investors or potential residents seeking a strong return on property investments.
Residential Energy Tax Credit Per Tax Return in Kauai County, HI Over the Last 9 Years
Residential energy tax credits in Kauai County, Hawaii have shown a consistent upward trajectory over the past nine years. Starting at $2,857.33 in 2013, the average credit has increased steadily, peaking at $4,963.49 in 2019 before stabilizing around the mid-$4,500s in the following years. This significant rise reflects growing investments in renewable energy and improved energy efficiency among homeowners, signaling a strong commitment to sustainable living. For those looking to invest or build property in Kauai, these incentives make green technology an even more attractive option.
Average Real Estate Taxes Per Tax Return in Kauai County, HI Over the Last 10 Years
Real estate taxes per tax return in Kauai County, Hawaii, have shown a steady increase over the last decade. From $2,005.70 in 2012, they have risen to $3,721.20 by 2021. This noticeable upward trend might be indicative of rising property values and potentially increasing community investments. This could interest real estate agents, potential property investors, or insurance agents looking to tap into a possibly growing market. For those considering moving or building in Kauai County, it could mean higher tax liabilities, but also suggests a thriving real estate environment.
Percentage of Farm Returns in Kauai County, HI Over the Last 10 Years
Over the last ten years, the percentage of farm tax returns in Kauai County, Hawaii has shown a gradual decline, starting from 1.80% in 2012 and reaching 1.42% in 2021. Farm tax returns are filed by taxpayers engaged in agricultural activities and can serve as an indicator of the economic health and trend within the agricultural sector. This decline could suggest a potential reduction in farming activities, which may impact local investment opportunities, land use planning, and community sustainability. Investors and residents might consider this data when evaluating the long-term viability and growth prospects within the county's agricultural industry.
Number of Mortgages by Occupancy Type in Kauai County, HI Over the Last 5 Years in Kauai County
In Kauai County, Hawaii, there's been a noticeable fluctuation in mortgage counts across various occupancy types over the past five years. Principal residence mortgages peaked in 2021 at 3,980, nearly doubling from 2018 levels, before a sharp decline to 2,166 in 2022. Investment property mortgages also varied, with significant growth in 2021 at 764 but dropping to 570 in 2022. Second residence mortgages showed steady, albeit smaller, numbers compared to the other categories, reflecting a consistent yet less dynamic market. Changes in occupancy type matter because they can indicate shifting housing demand patterns, which can influence investment strategies, property values, and insurance risk assessments. Investors might find the fluctuations in investment property mortgages particularly telling, while prospective homeowners would be more interested in trends for principal residences. Similarly, developers and real estate agents can tailor their projects and services to meet the evolving needs of the market, potentially maximizing returns on investments and offering more relevant housing solutions.
Economic Outlook
Kauai County, Hawaii, has shown an upward trend in average taxable income per tax return, peaking at $80,385.18 in 2021, up from $51,585.55 in 2013. This suggests economic growth, which could influence property values and living standards positively. However, a concurrent rise in average state and local income taxes, more than doubling from $7,135.61 in 2012 to $17,562.14 in 2021, highlights increasing fiscal pressure that could affect cost of living considerations. The average total tax... Read more
Average Taxable Income per Tax Return in Kauai County, HI over the last 9 years
Over the last nine years, Kauai County, HI, has generally seen an upward trend in average taxable income per tax return, peaking in 2021 at $80,385.18. The notable rise from $51,585.55 in 2013 suggests growth in local economic conditions, though there are fluctuations, particularly in 2016 with a slight dip. Investors and potential residents might find this trend indicative of a robust economic environment and improving income levels, which could affect property values and quality of life in positive ways.
Average State and Local Income Taxes Per Tax Return in Kauai County, HI Over the Last 10 Years
Over the past decade, Kauai County, Hawaii has seen a steady and significant increase in average state and local income taxes per tax return. Starting at $7,135.61 in 2012, the figure has more than doubled to $17,562.14 by 2021. This sharp rise is crucial for prospective investors and residents as it underscores a growing fiscal pressure. For those considering building or moving to Kauai, this trend may influence decisions related to financial planning and cost of living assessments.
Average Total Tax Liability Per Tax Return in Kauai County, HI Over the Last 10 Years
Over the last decade, the average total tax liability per tax return in Kauai County, Hawaii has seen a notable upward trajectory, starting at $7,817.35 in 2012 and reaching $13,541.32 by 2021. This substantial increase highlights a growing economic base and possibly rising incomes, making it important for investors and prospective residents to consider the evolving financial landscape when planning investments or relocations. Property builders might also find this trend indicative of increased demand, potentially leading to higher property values and investment opportunities in the county.
Cost of Living in Kauai County
Family Size | Housing | Food | Heath Care | Child Care | Taxes |
---|---|---|---|---|---|
2 adults 4 children | $2,883 | $2,043 | $1,810 | $1,774 | $2,929 |
1 adult 4 children | $2,883 | $1,668 | $1,401 | $1,774 | $2,944 |
2 adults 3 children | $2,883 | $1,669 | $1,561 | $1,774 | $2,600 |
1 adult 3 children | $2,883 | $1,362 | $1,153 | $1,774 | $2,687 |
2 adults 2 children | $2,148 | $1,366 | $1,313 | $1,537 | $1,973 |
1 adult 2 children | $2,148 | $1,020 | $905 | $1,537 | $2,014 |
2 adults 1 child | $2,148 | $1,080 | $1,065 | $769 | $1,606 |
1 adult 1 child | $2,148 | $697 | $657 | $769 | $1,575 |
2 adults | $1,632 | $867 | $817 | $0 | $1,181 |
1 adult | $1,436 | $473 | $408 | $0 | $1,061 |
Safety trends & Data
Kauai County, Hawaii has seen varying fluctuations in property crime over the past five years. Larceny-theft remains a persistent issue, with notable rises in vandalism and motor vehicle theft in 2019 and 2020. Interestingly, arson incidents have slightly increased, while fraud and forgery have significantly decreased post-2020. These trends provide crucial insights for potential investors and residents assessing the local safety and security... Read more
Property Crime Trends in Kauai County, HI Over the Last 5 Years
Kauai County, Hawaii's property crime trends over the past five years show varying fluctuations, with Larceny-Theft peaking consistently and incidents of Vandalism and Motor Vehicle Theft rising notably in 2019 and 2020. Interestingly, Arson has seen a slight increase, while Fraud and Forgery incidents have significantly decreased after 2020. The data could suggest that while some types of property crime are becoming less frequent, larceny and theft remain persistent issues. Potential investors and residents might want to focus on these trends to assess the safety and security landscape of the area.
Demographics
Kauai County in Hawaii displays a fairly balanced gender distribution between males and females. The area has a significant high school graduation rate, with many also possessing some level of college education or degrees. Age-wise, it reveals an aging population with noticeable shares of residents over 55 years old. The racial makeup predominantly includes White and Asian communities, reflecting the multicultural heritage of the region. These insights could impact local policies and community... Read more
Race Distribution in Kauai County, Hawaii (2022)
Educational Attainment in Kauai County, Hawaii (2022)
Age Distribution in Kauai County, Hawaii
Citizen Population in Kauai County, Hawaii (2022)
Political Trends & Data
Kauai County in Hawaii might have shown a strong Democratic preference in the 2020 U.S. Presidential Election, with approximately 63.4% of voters potentially backing Democratic candidates. The Republican candidates could have been less favored, with around 34.6% support. Minor parties like the Libertarian and Green parties potentially played a negligible role, each garnering less than 1% of the... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Kauai County in Hawaii saw a substantial leaning towards Democratic candidates in the 2020 U.S. Presidential Election, with roughly 63.4% of voters potentially favoring the Democratic party. The Republican party might have seemed less popular, gathering about 34.6% of the vote. Minor parties, including the Libertarian and Green parties, received very minimal support, each staying well below 1% of the total vote share.
34.58% of voters voted for the Republican party in the 2020 Presidential Election
63.36% of voters voted for the Democrat party in the 2020 Presidential Election
0.90% of voters voted for the Livertarian party in the 2020 Presidential Election
0.76% of voters voted for the Green party in the 2020 Presidential Election
0.40% of voters voted for the Other party in the 2020 Presidential Election
School Data
In Kauai County, Hawaii, the student-to-teacher ratio has slightly exceeded the national average of 14 students per teacher, peaking around 16 in prior years but recently normalizing closer to the national norm. This could suggest quality education, a factor potentially linked to higher property values and desirability. Real estate agents, investors, and developers might find this trend crucial, as it can influence valuations, community stability assessments, and decisions on where to initiate... Read more
Student-to-teacher ratio in Kauai County, Hawaii over the last 10 years
Over the past decade, the student-to-teacher ratio in Kauai County, Hawaii has mostly hovered slightly above the national average of 14 students per teacher, peaking at around 16 in early years and recently stabilizing closer to that national norm. This trend could hold significant implications for various stakeholders; potential investors and those considering a move to Kauai might see the manageable class sizes as a sign of quality education, a factor often tied to higher property values and desirability. For real estate agents and appraisers, understanding these shifts helps in setting appropriate valuations. Insurance agents might also find it relevant, as educational metrics often correlate with community stability and risk profiles. Builders and developers could see these ratios as indicative of a stable or improving quality of life, thus guiding decisions on where to commence new projects.