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The Aloha State boasts the lowest overall property tax rate — 0.27%. But don’t get confused. Hawaii is still one of the most expensive states in the country to live in.
Hawaii is the wild card on the list — you probably wouldn’t expect a group of beautiful islands to offer the lowest property tax rates. Here are the 10 states with the lowest property taxes: State
The Honolulu County collects various forms of taxes, including a property tax. Revenue from those taxes is used to provide several services for the residents. Services include: Honolulu Board of Water Supply; Honolulu Fire Department; Honolulu Emergency Medical Services; TheBus; Honolulu Police Department; The Liquor Commission regulates ...
The largest property tax exemption is the exemption for registered non-profit organizations; all 50 states fully exempt these organizations from state and local property taxes with a 2009 study estimating the exemption's forgone tax revenues range from $17–32 billion per year.
Hawaiian counties collect property taxes and user fees in order to support road maintenance, community activities, parks (including life guards at beach parks), garbage collection, police (the state police force, called the Hawaii Department of Public Safety, is limited in scope), ambulance, and fire suppression services. [2]
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Most government revenue comes from personal income taxes and a general excise tax (GET) levied primarily on businesses; there is no statewide tax on sales, [246] personal property, or stock transfers, [247] while the effective property tax rate is among the lowest in the country. [248]
Feb. 18—The on-going exodus of Hawaii residents far outstrips the number of U.S. residents moving to the islands, resulting in the overall loss of 36, 789 Hawaii residents over the last three years.