96729 Property Tax Rate

Property owners in ZIP code 96729 (Hoolehua, Hawaii) pay a median of $500/year in property taxes on homes valued at $199,200. This translates to an effective tax rate of 0.25%, which is near the Hawaii state average of 0.25%.

The monthly property tax burden for a median-valued home in 96729 is approximately $42, which factors into escrow payments on mortgages. This ZIP code is located within Maui County. This is $1,341 less than the Hawaii average of $1,841/year.

Compared to similar ZIP codes in Hawaii, 96729 has lower property taxes. ZIP codes with similar effective rates include 96750 (0.25%) and 96730 (0.26%).

In Hoolehua, property taxes represent approximately 0.9% of the median household income of $54,500, providing context for the relative tax burden on homeowners in this area.

Maui County assesses property at current market value at purchase with no statewide cap, but Maui's 0.18% effective rate keeps annual taxes relatively modest on the $1,032,800 median home. Maui County does not offer a traditional homestead exemption, but eligible owner-occupants may qualify for the Owner-Occupied Residential Property exemption based on income — contact the Maui County Tax Assessor to apply. File your exemption application with the Maui County Tax Assessor within 30 days of taking title to ensure you receive owner-occupant treatment.