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Kauai County, HI

Wailua-Anahola

RANK #898 / 996 NAT  ·  POP 73,511

1YR FORECAST: -0.3%

5YR OUTLOOK: +12%

#15 Most Overvalued
Our model projects Kauai County's housing market at -0.3% over the next year, underperforming most U.S. counties.

[01] Why Kauai County?

Kauai County, Hawaii, often called the "Garden Isle," is distinguished by its dramatic natural scenery, including the Nā Pali Coast's emerald cliffs and Waimea Canyon, known as the "Grand Canyon of the Pacific." Līhuʻe serves as the county seat, though Kapaʻa is the largest town. The island maintains a slower, intentional pace of life, with a strong sense of community. Public transportation, known as The Kauaʻi Bus, offers routes across the island, though a rental car is often recommended for comprehensive exploration. Outdoor recreation is central to life here, with extensive opportunities for hiking in places like Kōkeʻe State Park, kayaking the Wailua River, and enjoying numerous beaches. Life on Kauai County is characterized by a tight-knit community and a focus on outdoor living. While the cost of living, particularly for housing and food, can be high, residents often prioritize connection to the land and a relaxed lifestyle over urban amenities. The economy is largely driven by tourism, which supports a significant portion of local employment. Beyond tourism, the presence of the Pacific Missile Range Facility provides stable employment, and the agricultural sector is diversifying into areas such as seed corn and coffee. Recent economic developments indicate ongoing investment in sustainable infrastructure, including the introduction of electric buses for public transit.

[02] Market Snapshot

Housing Ratio
12.8x

Overvalued relative to economy

GDP Growth
+1.9%

Below national median

Home Prices
-0.6%

Prices declining

Price/Rent
17x

Above national median (13x)

Housing looks overvalued at 12.8x — home prices are high relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    The Parrish Collection Hospitality
    250+
  2. 2
    County of Kauaʻi Government
  3. 3
    Hawaii Pacific Health Healthcare
  4. 4
    Kauai Island Utility Cooperative (KIUC) Energy
  5. 5
    Kauai Community College Education
  6. 6
    Pacific Missile Range Facility Barking Sands (PMRF) Military
  7. 7
    Ohana Pacific Management Co. Healthcare
  8. 8
    Kauai Nursery & Landscaping Inc. Other
  9. 9
    Island School Education
  10. 10
    Kauai Inn Hospitality

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Kauai County U.S. National

The Numbers

DEMOGRAPHICS
Population
73,511
+0.36% YoY
Median Household Income
$88,869
Median Home Value
$742,900
-0.55% 12mo
Median Rent
$1,686
Average Annual Pay
$59,731
+5.9% YoY
Employment
32,830
+1.6% YoY
Income-to-Home-Value
0.1196
Less affordable than average
Migration Inflow
1.3%
of pop. from another state
Bachelor's Degree+
30.4%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$1,275,000
Days on Market
102
Slower market
Months of Supply
7.1
Buyer's market
Sale-to-List Ratio
96.6%
Negotiation room for buyers
Sold Above List
15.2%
Listings w/ Price Drops
21.0%
Building Permits (2024)
141
Single-Family Permits
141

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Crime & Safety

A
SAFETY
GRADE
Homicide Rate
2.0
per 100K · nat avg 6.3
Firearm Fatalities
4.7
per 100K · nat avg 14.8
Injury Deaths
69.6
per 100K · nat avg 76.3
vs National Average
Well below national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Air Quality

A
AIR QUALITY
GRADE
Median AQI (3yr)
15.0
Good
Good Air Days
100%
454 of 454 days
Unhealthy+ Days (3yr)
0
Sensitive groups affected
Primary Pollutant
PM2.5
Fine particulate matter
Yearly Trend
2021
17
2022
13
Median AQI · lower is better

Source: EPA Air Quality System (2021–2022). Grade based on 3-year average median AQI. Learn about AQI →

[07] Capital Investment

$372M
TOTAL
PROJECT AMOUNT STATUS
Kaawanui Solar Project
AES Hawai'i
$172M Proposed
Lima Ola Workforce Housing Development (Phases I & II)
County of Kaua'i, Kaua'i Housing Development Corporation
$50M Under Construction
Kilauea Town Expansion Project (Phase I)
County of Kaua'i
$50M Planned
West Kauai Energy Project
AES Corporation (Client: Kauai Island Utility Company)
$50M Under Construction
Amazon Distribution Center
Amazon (developed by BH DevCo)
$50M Planned

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[08] Score Breakdown

GDP Growth +1.9% 33 percentile
Population Growth +0.4% 45 percentile
Income Growth +3.0% 1 percentile
Vacancy Rate 0.7% 85 percentile
Home Price Change -0.6% 25 percentile
Rent Growth +1.1% 20 percentile
Price/Rent 17x 18 percentile

Bars show percentile rank among all 996 counties.

[09] Frequently Asked Questions

Is Kauai County, HI a good place to move to?

The data is not encouraging — Kauai County scores just 9/100 on the Boom Town Index, ranking #898 of 996 counties. Job growth at +1.6% and median household income of $88,869 reflect an economy that has been contracting or stagnating relative to the rest of the country.

Is Kauai County affordable?

Affordability is a real challenge in Kauai County. The median home is valued at $742,900 — with an income-to-home-value ratio of just 0.12, that's significantly harder to afford than in most U.S. counties. Median rent runs $1,686/month.

Is Kauai County growing or shrinking?

Employers in Kauai County are hiring — job growth of +1.6% — but the population is close to flat (+0.4% YoY). Home values moved -0.6% over the past year. Labor demand is outpacing local population growth, which tends to tighten wages and housing.

Are many people relocating to Kauai County?

Not particularly — 1.3% of Kauai County's population moved in from another state, which is below the national average. Most residents are long-term locals rather than recent transplants.

[10] Similar Counties by Size & Score

Maui County, HI 0 Hawaii County, HI 22 Honolulu County, HI 24 Walton County, FL 9 Lynchburg city, VA 9 Laurel County, KY 9 Cherokee County, TX 9 James City County, VA 8