The typical owner-occupied home in Waipahu is worth about $868,600, 4% above the Hawaii median of $839,100 and 2.6 times the national median of $332,700. Owners pay a median $2,448 a year in property taxes, about 0.28% of their home's value, higher than the Hawaii rate of 0.27%. The median household earns $103,895 a year, so the median home costs 8.4 times the median income (8.4 times for Hawaii). 60% of occupied homes here are lived in by their owners, and 71% of those owners still have a mortgage.
Waipahu at a glance
| Waipahu | Hawaii | U.S. | |
|---|---|---|---|
| Median home value | $868,600 | $839,100 | $332,700 |
| Median property tax paid per year | $2,448 | $2,239 | $3,119 |
| Property tax as a share of value | 0.28% | 0.27% | 0.94% |
| Median household income | $103,895 | $100,389 | $80,734 |
| Homes lived in by their owners | 60% | 63% | 65% |
| Owner homes with a mortgage | 71% | 63% | 61% |
| Median monthly costs, owners with a mortgage | $2,890 | $2,904 | $1,963 |
| Those costs as a share of the owners' income | 22.7% | 25.7% | 21.0% |
| Median rent | $1,658 | $1,971 | $1,413 |
| Rent as a share of renters' income | 31.8% | 33.2% | 30.6% |
| Median year homes were built | 1971 | 1980 | 1980 |
| Vacant homes | 5.3% | 13.3% | 10.1% |
| Population | 40,482 | 1,445,235 | 334,922,499 |
What a typical home costs per month in Waipahu
At this week's average 30-year rate of 7.11%, buying the median Waipahu home of $868,600 with 20% down costs about $5,239 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $6,826, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $224,532 for the 20%-down payment. That payment is 61% of the median Waipahu household income of $103,895; at that income and 20% down, the 28% guideline points to a home of about $402,000.
The median rent here is $1,658 a month, so owning the median home costs about $3,581 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $173,720 |
|---|---|
| Loan amount | $694,880 |
| Principal and interest | $4,674 |
| Property taxes (0.28% a year) | $203 |
| Homeowners insurance (our estimate, 0.5% a year) | $362 |
| PMI | $0 |
| Total per month | $5,239 |
Change the numbers in the calculator
| Down payment | $30,401 |
|---|---|
| Loan amount | $852,867 |
| Principal and interest | $5,737 |
| Property taxes (0.28% a year) | $203 |
| Homeowners insurance (our estimate, 0.5% a year) | $362 |
| FHA mortgage insurance | $524 |
| Total per month | $6,826 |
Change the numbers in the calculator
Questions about home buying in Waipahu
What is the median home value in Waipahu?
About $868,600 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Waipahu?
Homeowners pay a median $2,448 a year, which is about 0.28% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Waipahu?
For the median home with 20% down at 7.11%, the payment is about $5,239 a month. Keeping that under 28% of gross income takes about $224,532 a year.
More about Waipahu
- Mortgage Refinance in Waipahu
- Debt Relief in Waipahu
- Home Equity Loans in Waipahu
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data