Everything You Need to Know About the City of Hilo Hawaii

In 2017, Hilo, HI had a population of 45.7k people with a median age of 40 and a median household income of $57,151 dollars. Between 2016 and 2017 the population of Hilo, HI grew from 45,579 to 45,703, a 0.272 percent increase and its median household income grew from $55,815 dollars to $57,151 dollars, a 2.39 percent increase.

The population of Hilo, HI is 32.1 percent Asian Alone, 31.4 percent Two or More Races, and 15.7 percent White Alone. N/A% of the people in Hilo, HI speak a non-English language, and 96.6 percent are U.S. citizens.

The largest universities in Hilo, HI are the University of Hawaii at Hilo (955 degrees awarded in 2017) and Hawaii Community College (576 degrees).

The median property value in Hilo, HI is $305,900 dollars, and the homeownership rate is 61 percent. Most people in Hilo, HI commute by Drove Alone, and the average commute time is 16.5 minutes. The average car ownership in Hilo, HI is 2 cars per household.

 

Education in Hilo

In 2017, universities in Hilo, HI awarded 1,531 degrees. The student population of Hilo, HI is skewed towards women, with 2,393 male students and 3,965 female students.

Most students graduating from Universities in Hilo, HI are Two or More Races (504 and 33.8 percent), followed by Asian (353 and 23.7 percent), White (300 and 20.1 percent), and Hispanic or Latino (190 and 12.7 percent).

The largest universities in Hilo, HI by the number of degrees awarded are the University of Hawaii at Hilo (955 and 62.4 percent) and Hawaii Community College (576 and 37.6 percent).

The most popular majors in Hilo, HI are Liberal Arts & Sciences (230 and 15 percent), Pharmacy (149 and 9.73 percent), and Registered Nursing (76 and 4.96 percent).

The median tuition costs in Hilo, HI are $N/A for private four-year colleges, and $7,200 dollars and $20,160 dollars respectively, for public four-year colleges for in-state students and out-of-state students.

 

Economy in Hilo

The economy of Hilo, HI employs 20.1k people and Hilo has an unemployment rate of 2.8 percent. Hilo has seen the job market decreased by -0.9 percent over the last year. Future job growth over the next ten years is predicted to be 33.5 percent, which is higher than the US average of 33.5 percent. The largest industries in Hilo, HI are Health Care & Social Assistance (2,354 people), Educational Services (2,922 people), and Retail Trade (2,321 people), and the highest paying industries are Utilities ($54,286 dollars), Public Administration ($45,788 dollars), and Information ($41,337 dollars).

Households in Hilo, HI have a median annual income of $57,151 dollars, which is less than the median annual income of $61,937 dollars across the entire United States. This is in comparison to a median income of $55,815 dollars in 2016, which represents a 2.39 percent annual growth.

 

Tax Rates for Hilo

– The Sales Tax Rate for Hilo is 4.0 percent.

– The Income Tax Rate for Hilo is 8.3 percent.

– Tax Rates can have a big impact when Comparing the Cost of Living.

 

Income and Salaries for Hilo

– The average income of a Hilo resident is $24,384 dollars a year.

– The Median household income of a Hilo resident is $52,563 dollars a year.