Honolulu County
Hawaii ยท Pop. 1,016,508
Ranked #195 of 200 counties
16Crisis
Median Home Price
๐$850K
2.0% YoY
Median Rent
๐$2,400
Median Income
๐ฐ$88K
Rent Burden
๐34.5%
% of income to rent
Housing Shortage
๐๏ธ8,000
estimated unit deficit
Building Permits (2024)
๐3,500
Price-to-Income Ratio
โ๏ธ9.7x
Homeownership Rate
๐ก56.0%
How Honolulu County Compares
| Metric | Honolulu County | Hawaii | National |
|---|---|---|---|
| Home Price | $850K | $846K | $410K |
| Rent | $2,400 | $1,940 | $1,500 |
| Income | $88K | $95K | $75K |
| Rent Burden | 34.5% | 42.0% | 30.0% |
| Homeownership | 56.0% | 62.0% | 65.0% |
Key Takeaways
- โข Home prices are 107% above the national average.
- โข Rent is 60% above the national average.
- โข The county has an estimated housing shortage of 8,000 units.
- โข 3,500 building permits were issued in 2024.
- โข Year-over-year home prices changed by 2.0%.