Best Places for Business and Careers 2019Best Places to Retire In Each State 2018
Honolulu, HI
Urban Honolulu, HI
Honolulu, HI
Urban Honolulu, HI
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gross metro product
$68.5B
population
980.1K
median household income
$83,297
median home price
$797,000
cost of living
43% above nat'l avg
college attainment
34.7%
net migration
-1,600 (year: 2018)
unemployment
2.7%
major industries
Tourism, Defense
job growth
0.2% (year: 2018)
As of October 2019
population
355.0K
median home price
$630,000
As of August 2018
In Hawaiian, Honolulu means "sheltered bay" or "place of shelter." The capital city since 1845 has gained historical recognition following the Japanese attack on Pearl Harbor near the city on December 7, 1941. Honolulu acts as a natural gateway to the islands' large tourism industry, which brings millions of visitors and contributes billions of dollars annually to the local economy. Visual arts featured by the city are exhibited in a number of venues including the Honolulu Academy of Arts, Contemporary Museum, Hawaii State
Art Museum and Hawaii State Foundation on Culture and the Arts. The city is also home to a number of exotic gardens including Foster Botanical Garden, Lili'uokalani Botanical Garden and Walker Estate, among others. Other notable sites include Hanauma Bay, USS Arizona Memorial, Waikiki Beach and the Lyon Arboretum.
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Scenic capital with a population of 355,000. Median home price $630,000. Cost of living 100% above national average. PROS: Good rank on Milken Institute list of best cities for successful aging, physicians per capita above national average. Very walkable, somewhat bikeable. Excellent mass transit. Low serious crime rate. No state income tax on Social Security earnings, state income tax break on pension income. CONS: Top marginal income tax rate 11.0%. State estate/inheritance tax. NOTED: Elevation 20 feet. TRIVIA: Name in
Sources: Moody's Analytics; Sperling's BestPlaces; U.S. Census.
Numbers as of October 2019
a - Value of 100 means that a family with the median income has exactly enough income to qualify for a typical mortgage on a median-priced single-family home. An index above 100 signifies that the family has surplus income.
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