Hawaii vs Missouri
Property‑Tax Comparison: Hawaii vs. Missouri
Intro
Both Hawaii and Missouri levy property taxes that fund local services such as schools, roads, and public safety. According to the U.S. Census Bureau's 2023 American Community Survey (5‑year estimates), Hawaii’s effective property‑tax rate is substantially lower than Missouri’s, even though median home values in Hawaii are more than three times higher. The table below presents the key metrics side by side.
Side‑by‑Side Metrics
| Metric | Hawaii | Missouri |
|---|---|---|
| Effective property‑tax rate | 0.27 % | 0.88 % |
| Median home value | $808,200 | $215,600 |
| Median annual property tax | $2,183 | $1,887 |
| Annual tax on a $250,000 home | $675 | $2,188 |
| Annual tax on a $500,000 home | $1,351 | $4,376 |
| Median household income | $98,317 | $68,920 |
| Reference pages | Hawaii property tax | Missouri property tax |
All figures are drawn from the U.S. Census Bureau’s 2023 ACS 5‑year estimates.
Which State “Wins” on Property Tax?
Winner (lower rate): Hawaii
- Rate advantage: Hawaii’s effective property‑tax rate of 0.27 % is 0.61 percentage points lower than Missouri’s 0.88 %.
- Relative difference: This represents a 69.1 % lower rate (0.61 % ÷ 0.88 % × 100).
- Dollar impact on typical homes:
- On a $250,000 home, a homeowner in Hawaii pays $675 annually versus $2,188 in Missouri – a difference of $1,513.
- On a $500,000 home, the annual tax is $1,351 in Hawaii versus $4,376 in Missouri – a difference of $3,025.
The lower effective rate in Hawaii is the primary reason it “wins” the comparison, even though the median annual tax amount is slightly higher because home values are much larger.
Who Might Benefit Most from This Comparison?
| Audience | Relevance of the Data |
|---|---|
| Current or prospective homeowners | Understanding the tax burden relative to home price helps assess affordability in each state. |
| Retirees | Property‑tax rates directly affect fixed‑income budgets; a lower rate can reduce ongoing expenses. |
| Real‑estate investors | Effective tax rates influence cash‑flow projections, especially when comparing properties at similar price points. |
| Policy analysts | The contrast illustrates how tax structures interact with housing values and household incomes. |
The comparison is factual and does not prescribe a preferred location. It simply shows that, based on the most recent ACS estimates, Hawaii imposes a lower effective property‑tax rate than Missouri, while Missouri’s absolute tax amounts can be lower for median‑priced homes due to its lower median home value.
Sources
- U.S. Census Bureau, 2023 American Community Survey (5‑year estimates). All numerical values in this article are taken directly from that dataset.
- Additional contextual information is drawn from publicly available state‑level property‑tax documentation linked above.
Explore More Comparisons
Discover how property taxes compare across all states in our comprehensive comparison guide.
Data Source
All figures are drawn from the U.S. Census Bureau's 2023 American Community Survey (5‑year estimates). This comprehensive dataset provides reliable, standardized property tax information across all states.