Honalo, HI
Population 1,057 · Hawaii
About Honalo, HI
Honalo is a small town located in Hawaii with a population of 1,057 residents according to the latest US Census Bureau American Community Survey data. The median household income is $65,000 per year, which is 14% below the national median of $75,149. The median age of 44 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Honalo features a median home value of $578,800, which is 136% above the national median of $244,900. This places Honalo in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $850, 27% below the national average of $1,163/month. Of the 405 total housing units, 61% are owner-occupied (225 units) and 39% are renter-occupied (141 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Honalo shows an unemployment rate of 1.9%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 12.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Honalo have an average one-way commute time of 25.5 minutes.
Education & Demographics
18.6% of Honalo residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 7.0% White, 5.7% Hispanic or Latino, 6.1% Black or African American, and 2.1% Asian residents, with 5.6% of the population being foreign-born.
How Honalo Ranks in Hawaii
Cost of Living in Honalo, HI
Compared to national averages, Honalo has a median household income of $65,000 (14% below the national median of $75,149). Home values average $578,800, which is 136% above the national median. Monthly rent at $850 is 27% below the US average of $1,163. Within Hawaii, Honalo's income is 31% below the state average of $94,535, and home values are 24% below the state median of $766,495.
Why Live in Honalo, HI?
Honalo offers rent that’s lower than the national average at $850/month, and a strong job market with an unemployment rate of just 1.9%, and a low poverty rate of 12.3%, better than the national average.
Potential considerations include median household income ($65,000) that falls below the national average, and a competitive housing market where the typical home costs $578,800. However, Honalo’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Honalo has a population of 1,057 with a median age of 44 years. Compare Honalo with other cities to see how it stacks up, or explore all cities in Hawaii.
Similar Cities Near Honalo
Cities in Hawaii with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Mahinahina | 1,051 | $161,875 | $1,153,700 | Compare |
| Halaula | 1,049 | $65,694 | $534,300 | Compare |
| Wainaku | 1,082 | $72,188 | $532,400 | Compare |
| Haliimaile | 1,096 | $81,250 | $830,500 | Compare |
| Olinda | 996 | $100,096 | $1,114,700 | Compare |
| Laupahoehoe | 995 | $66,071 | $583,300 | Compare |
| Eden Roc | 973 | $31,324 | $183,000 | Compare |
| Mauna Loa Estates | 931 | $41,509 | $291,600 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Hawaii
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Honalo With Other Cities
Frequently Asked Questions about Honalo
What is the population of Honalo, HI?
The population of Honalo, HI is 1,057 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Hawaii.
What is the median household income in Honalo?
The median household income in Honalo, HI is $65,000 per year, which is 14% below the national median of $75,149.
What is the median home value in Honalo?
The median home value in Honalo, HI is $578,800, which is 136% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Honalo?
The median monthly rent in Honalo, HI is $850, which is 27% below the national average of $1,163/month.
What is the unemployment rate in Honalo?
The unemployment rate in Honalo, HI is 1.9%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Honalo, HI a good place to live?
Honalo offers a moderate cost of living, a competitive housing market, and a strong job market. With a population of 1,057 and a median age of 44, the city appeals to a broad range of residents.
How educated is Honalo, HI?
18.6% of residents in Honalo aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Honalo?
Key cost-of-living indicators for Honalo, HI: median home value is $578,800 (136% above national), median rent is $850/month, and median household income is $65,000. The home-value-to-income ratio is 8.9x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Honalo?
The poverty rate in Honalo, HI is 12.3%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Honalo, HI?
Honalo's population is 7.0% White, 5.7% Hispanic or Latino, 6.1% Black or African American, 2.1% Asian, and 0.0% two or more races. 5.6% of residents are foreign-born.