Important Changes to Residential Property Tax Rates to Take Effect July 1, 2017

Home / Uncategorized / Important Changes to Residential Property Tax Rates to Take Effect July 1, 2017

Important Changes to Residential Property Tax Rates to Take Effect July 1, 2017

Residential A: 2 Tier Real Property Tax Rates

The most significant change from the previous fiscal year is the adoption of a two tiered tax rate applicable to the Residential A classification on Oahu. The new Residential A tax rate tiers are as follows:

  • $4.50 per $1,000 will be applied to the net taxable value of Oahu Residential A property up to $1,000,000; and
  • $9.00 per $1,000 will be applied to the net taxable value of Oahu Residential A property in excess of $1,000,000.

There were no other changes to real property tax rates for the County of Honolulu (Oahu). See below flyer courtesy of First American to see if your property falls within the Residential A classification.

Recent Posts

Leave a Comment