Quick facts: Waimanalo, HI

Quick Facts

148.9
Cost of Living
above US average
5,743
Population
79.75
Crime Rate per 1000
above US average
$127,143
Median Income
above US average
$1,990,000
Median House Price
above US average
$5259.33
Average Rent
above US average
9%
Poverty Rate
below US average
2.4%
Unemployment Rate
below US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $127,143.

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Income Needed to Buy

βœ— Stretch
$624k/year
Based on $1,990,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $624k vs median $127,143
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Income Needed to Rent

⚠ Stretch
$225k/year
Based on $5259.33/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $225k vs median $127,143
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Waimanalo, HI

Waimanalo is a picturesque community located on the eastern coast of the Hawaiian island of Oahu, part of Honolulu County. Known for its stunning beaches and lush landscapes, Waimanalo is a hidden gem that offers a more laid-back atmosphere compared to other parts of Oahu. The area is home to Waimanalo Beach Park, famous for its soft, white sands and crystal-clear waters, making it an ideal spot for swimming, sunbathing, and picnicking. Waimanalo is also rich in cultural heritage, with a significant Native Hawaiian population. Visitors can explore local farms and enjoy fresh produce from the area. The nearby Makapu'u Point offers breathtaking panoramic views and hiking opportunities, leading to the iconic lighthouse and impressive coastal scenery. The proximity to attractions like the Sea Life Park and the stunning Makapu'u Beach adds to the area's appeal. Overall, Waimanalo encapsulates the spirit of Hawaii with its natural beauty, cultural significance, and peaceful ambiance, making it a wonderful destination for both relaxation and exploration.

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