Taxes in Hilo

Hilo's tax picture combines a genuinely low effective property tax rate with Hawaii's real, statewide graduated income tax and General Excise Tax structure.

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A genuinely low property tax rate, with a real home exemption

Hawaii County's FY2026-27 owner-occupied rate is $5.75 per $1,000 of assessed value, with an age-tiered home exemption ($40,000-$100,000) reducing the taxable base -- this record's own calculation yields an approximate effective rate near 0.53% on a representative home.

Hawaii's real, graduated income tax

Hawaii taxes income across 12 brackets up to a real 11% top marginal rate for 2026, applying statewide including Hilo.

Hawaii County's GET surcharge started earlier than Maui's

Hawaii County's 0.5% GET surcharge (combined 4.5% rate) has been in effect since January 1, 2020 -- genuinely earlier than Maui County's own 0.5% surcharge (2024).

Key takeaways

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Last reviewed: 2026-08-28. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.