MyNeighborhood

Can you afford to live in Hilo?

Median household income, home values and rent in Hilo, HI — how they've changed since 2015 and how much of a typical paycheck housing takes compared with the rest of the country.

U.S. Census Bureau, American Community Survey 5-year estimates.

This story was assembled using AI and public data sources.

What it costs to live in Hilo.

Median household income: $78,713 — +45.9% since 2015 (not adjusted for inflation)

Median gross rent: $1,347/mo — +45.6% since 2015

Median home value, 2015 to 2023

  • 2015: 297400
  • 2023: 455100

Median household income

  • Hilo: 78713
  • Hawaii County: 77215
  • HI: 98317
  • U.S.: 78538

Median gross rent

  • Hilo: 1347
  • Hawaii County: 1411
  • HI: 1938
  • U.S.: 1348

Share of income a typical renter spends on rent: 30.4% — U.S.: 30.2%

What it means

Households here earn about what households nationally earn ($78,713 versus $78,538).

The typical renter here spends 30.4% of household income on rent, above the 30% level housing agencies use to define cost burden.

Since 2015, income has kept pace with rent here (+45.9% versus +45.6%), before adjusting for inflation.

Sources

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