The typical owner-occupied home in Hanapepe is worth about $715,700, 15% below the Hawaii median of $839,100 and 2.2 times the national median of $332,700. Owners pay a median $1,848 a year in property taxes, about 0.26% of their home's value, close to the Hawaii rate of 0.27%. The median household earns $100,000 a year, so the median home costs 7.2 times the median income (8.4 times for Hawaii). 76% of occupied homes here are lived in by their owners, and 60% of those owners still have a mortgage.
Hanapepe at a glance
| Hanapepe | Hawaii | U.S. | |
|---|---|---|---|
| Median home value | $715,700 | $839,100 | $332,700 |
| Median property tax paid per year | $1,848 | $2,239 | $3,119 |
| Property tax as a share of value | 0.26% | 0.27% | 0.94% |
| Median household income | $100,000 | $100,389 | $80,734 |
| Homes lived in by their owners | 76% | 63% | 65% |
| Owner homes with a mortgage | 60% | 63% | 61% |
| Median monthly costs, owners with a mortgage | $2,988 | $2,904 | $1,963 |
| Those costs as a share of the owners' income | 28.0% | 25.7% | 21.0% |
| Median rent | $2,199 | $1,971 | $1,413 |
| Rent as a share of renters' income | 30.1% | 33.2% | 30.6% |
| Median year homes were built | 1980 | 1980 | 1980 |
| Vacant homes | 9.0% | 13.3% | 10.1% |
| Population | 2,638 | 1,445,235 | 334,922,499 |
What a typical home costs per month in Hanapepe
At this week's average 30-year rate of 7.11%, buying the median Hanapepe home of $715,700 with 20% down costs about $4,305 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $5,497, 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 $184,497 for the 20%-down payment. That payment is 52% of the median Hanapepe household income of $100,000; at that income and 20% down, the 28% guideline points to a home of about $388,000.
The median rent here is $2,199 a month, so owning the median home costs about $2,106 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $143,140 |
|---|---|
| Loan amount | $572,560 |
| Principal and interest | $3,852 |
| Property taxes (0.26% a year) | $155 |
| Homeowners insurance (our estimate, 0.5% a year) | $298 |
| PMI | $0 |
| Total per month | $4,305 |
Change the numbers in the calculator
| Down payment | $25,050 |
|---|---|
| Loan amount | $702,737 |
| Principal and interest | $4,727 |
| Property taxes (0.26% a year) | $155 |
| Homeowners insurance (our estimate, 0.5% a year) | $298 |
| FHA mortgage insurance | $317 |
| Total per month | $5,497 |
Change the numbers in the calculator
Questions about home buying in Hanapepe
What is the median home value in Hanapepe?
About $715,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Hanapepe?
Homeowners pay a median $1,848 a year, which is about 0.26% 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 Hanapepe?
For the median home with 20% down at 7.11%, the payment is about $4,305 a month. Keeping that under 28% of gross income takes about $184,497 a year.
More about Hanapepe
- Mortgage Refinance in Hanapepe
- Debt Relief in Hanapepe
- Home Equity Loans in Hanapepe
- 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