Kona Coast of Hawaii Real Estate Central

Donna Taylor RE/MAX Brokers Kailua Kona Hawaii
  Direct: 8 0 8 . 7 5 6 . 2 8 0 5
  e-Mail:    donna@konacoast.net
  Toll Free: 1. 8 6 6. 3 1 5. 5 6 6 2
 
There is no time like the present

       Nobody in the world sells more real estate than RE/MAX !  Ask Me How?


STATE OF HAWAII HAWAII
THE ALOHA STATE

Discovered by Polynesian settlers between the 3rd and 7th centuries A.D. and later by British Captain James Cook in 1778.

Hawai‘i became the 50th state on August 21, 1959.

Honolulu, the capital city, is on the Island of O‘ahu.

HAWAII'S EIGHT MAJOR ISLANDS
Described by Mark Twain as "the loveliest fleet of islands that lies anchored in any ocean," Hawai‘i is a string of 137 islands encompassing a land area of 6,422.6 square miles in the north central Pacific Ocean about 2,400 miles from the west coast of the continental United States. Stretching from northwest to southeast, the major islands are: Ni‘ihau, Kaua‘i, O‘ahu, Moloka‘i, Lana‘i, Kaho‘olawe, Maui and Hawai‘i.

Hawaii's climate features mild temperatures, moderate humidity and cooling trade winds.

State Flower: Yellow hibiscus (pua ma‘o hau hele; Hibiscus brackenridgei)

State Bird: Hawaiian goose (nene; Branta sandvicensis)

State Tree: Candlenut (kukui; Aleurites moluccana)

State Song: Hawai‘i Pono‘i

State Seal and Motto: Ua mau ke ea o ka ‘aina i ka pono (The life of the land is perpetuated in righteousness)

HAWAII'S PEOPLE
State resident population (2004) 1,262,840
City & County of Honolulu (2004) 899,593
Hawai‘i County (2004) 162,971
Maui County (2004) 138,221
Maui Island (2000) 117,644
Moloka‘i (2000) 7,404
Lana‘i (2000) 3,193
Kaua‘i County (2004) 61,929
Kaua‘i Island (2000) 58,303
Ni‘ihau (2000) 160
De facto population (2003):
(Includes all persons physically present, e.g., military and visitors, but excludes residents temporarily absent.) 1,365,210

Population density (2000): 188.6 persons per square mile
Number of households (2000): 403,240 with an average of 2.92 persons per household

The population is 50% male and 50% female.

Median age (2004): 37.7 years

Age breakdown (2004): Under 18 (23.7%); 18 to 64 (62.7); 65 and over (13.6)

Ethnicity (2003): Hawaiian/Part Hawaiian (21.1%); Caucasian (23.5); Japanese (16.7); Filipino (13.3); Chinese (3.9)

Marriages (2003): 27,459 (66% were non-residents and 55.5% interracial)

Divorces and annulments (2002): 4,798

Life expectancy (1990): Males, 75.9 years; Females, 82.0 years

Education (2003): 87.8% of the population 25 years and older are high school graduates; 2605% have a bachelor's or advanced degree.

HAWAII'S GOVERNMENT
Governor: Linda Lingle Lieutenant Governor: James Aiona (www.hawaii.gov)

Legislature: 51-member House and 25-member Senate which meets annually

There are four counties with mayors and councils:

City & County of Honolulu (the Island of O‘ahu and the Northwest Hawaiian Islands excluding Midway)

Hawai‘i County (Hawai‘i Island)

Maui County (Islands of Maui, Moloka‘i, Lana‘i and Kaho‘olawe)

Kaua‘i County (Islands of Kaua‘i and Ni‘ihau)

The two levels of government in Hawai'i are state and county. Counties perform most services usually assigned to cities and towns (fire protection, police, refuse collection, construction and maintenance of streets and other public works). There is only one school district which is administered by the State.

Congressional members:
U.S. Senators: Daniel K. Inouye and Daniel K. Akaka

U.S. Representatives: Neil Abercrombie and Ed Case

HAWAII'S ECONOMY
Gross State Product (2003): $ 47.1 billion

Major export industries:
Visitor expenditures (2003): $10.1 billion; Federal defense spending (2003): $4.5 billion; Sugar and pineapple (2002): $244.3 million

The State of Hawai‘i is committed to diversifying the economy. Industries encouraged are science and technology, film and television production, sports, ocean research and development, health and education tourism, diversified agriculture and floral and specialty food products.

TOURISM
Visitors staying overnight or longer (2003): 6,380,439

By country (2003): Mainland U.S., 4.3 million; Japan, 1.3 million

Visitor expenditures (2003): $10.1 billion

Average daily visitor expenditure (2003): U.S. West, $153; U.S. East, $163; Japan, $240

Total hotel and condominium units (2004): 72,614
O‘ahu 35,987
Maui 17,817
Hawai‘i 10,037
Moloka‘i 299
Kaua‘i 8,105
Lana‘i 369

State hotel occupancy rate (2004) 77.8%
O‘ahu 79.7
Maui 78.0
Hawai‘i 70.2
Moloka‘i (2003) 50.6
Kaua‘i 78.6


Average daily room rate (2004) $158.86
O‘ahu 123.23
Maui 192.23
Hawai‘i 161.65
Moloka‘i (2003) 93.67
Kaua‘i 175.02


The Hawai‘i Convention Center opened in 1998. It is a state-of-the-art facility with 350,000 square feet of meeting and exhibit space.

The Hawai‘i Tourism Authority oversees the planning and marketing of tourism in Hawai‘i.

FEDERAL ACTIVITIES
Total federal expenditures (2003): $11.3 billion

Military personnel and dependents (2003): 101,030

Federal Civilian Workers (2003): 31,650

Based in Hawai‘i, USPACOM, the U.S. Pacific Command, is geographically the largest of the U.S. unified service commands. It covers more than 50% of the earth's surface from the U.S. West Coast to Africa's east coast and from the Arctic to the Antarctic.

The 2nd Brigade Combat Team of the 25th Infantry Division was designated as the 5th Stryker Brigade Combat Team to be formed in the U.S. The Brigade will be based around the 19 ton, eight-wheeled Stryker combat vehicle.

AGRICULTURE
Once Hawai‘i's primary source of income, agriculture remains a significant contributor.

Value of crop and livestock sales (2002): $510.7 million

Major crops (2003): Sugar, $64.4 million; pineapple, $102.8 million; flower and nursery products, $97.6 million; macadamia nuts, $32.3 million; coffee, $24.1 million; cattle, $17.2 million; milk, $21.4 million

Aquaculture farms statewide (2003): 85 small or medium-sized operations, often diversified. Overall value of aquaculture: $27.6 million; value of shellfish production, $9.7 million; algae, $11.8 million

EXPORTS AND IMPORTS
One of the most successful trade zone programs in the United States, the Hawai‘i Foreign Trade Zone No. 9 in 2003 handled $3.9 billion worth of merchandise from 299 firms. Exports totaled $325.1 million.

RETAIL TRADE
Retail sales (2003): $18,835 million

Hawai‘i's retail establishments include discount outlet malls, big box outlets and national and international luxury and chain stores.

LABOR FORCE
Unemployment rate (2004): 3.4%; (2003) O‘ahu (3.9); Hawai‘i (6.3); Maui (4.2); Moloka‘i (12.0); Lana‘i (3.4); Kaua‘i (5)

Civilian labor force (2003): 618,300

Composition of labor force (2003): Male, 52%; Female, 48%

Civilian employment (2003): 591,800

Annual wages per private employee (2003): $31,966

In 2002, 8.2% of employed persons held multiple jobs.

Hawai‘i's economy is service-oriented. Construction, manufacturing and agriculture account for only 9% of wage and salary jobs. About three in ten civilian workers are professional or managerial. Federal, state and local government accounts for 20% of wage and salary jobs.

Hawai‘i's workforce is skilled in Asian languages and business protocol.

LABOR-MANAGEMENT RELATIONS
Minimum wage: $6.25 per hour

Principal unions: AFL-CIO, Teamsters, International Longshoremen's and Warehousemen's Union (ILWU)

Largest memberships: Hawai‘i Government Employees Association, ILWU, and Teamsters.

Labor union membership (2003): 166,955

In 2003, 23.8% of those employed were union members.

FINANCIAL INSTITUTIONS AND INVESTMENTS
Banks (2003): 6 with 193 branches

Savings and loan associations (2003): 3 with 88 branches

Publicly traded Hawai‘i companies: 12

All major U.S. securities firms are represented.

BUSINESS FIRMS
Domestic corporations on record (2003): 38,626; non-Hawai‘i corporations, 9,379; partnerships, 7,117

Business bankruptcy filings (2003): 41

Job count by industry (2003): Service (52%); Government (21%); Retail (11%); Manufacturing (3%)

Most of Hawai‘i's businesses are small. 52% have fewer than five employees and 94% have fewer than 50 employees.

Business Express, an online business registration service coordinating the application process for several agencies, was launched in 2004.

COMMUNICATIONS
Daily newspapers (2002): 6 English language papers
Radio stations (2002): 85
Television stations (20025): 25

There are also foreign language newspapers, radio stations and television stations.

Cable TV companies (2004): 6 with 389,498 subscribers

Cellular telephone companies (2002): 13

In 2001, 63.1% of Hawai‘i's households had computers and 55.2% had Internet access.

Hawai‘i has high data rate links with more than 30 state-of-the-art telecommunications satellites. 29,000 miles of undersea fiber optic cables provide 140,000 voice equivalent circuits facilitating simultaneous voice, data and image transmissions to the continental United States, Canada and Asia along with a new "supercarrier" cable providing an additional 130,000 circuits. Thirty dedicated T-1s link to every major business center in Asia and Europe. In 1998, 100% of local telephone lines were converted from analog to digital switching. In 2001, a new transpacific cable linking Australia to the U.S. mainland via Hawai‘i has provided increased bandwidth to the islands.

EDUCATION
The University of Hawai‘i system had 50,317students enrolled in 2003. It awarded 3,010 bachelor's degrees, 1,018 master's degrees and 128 doctoral degrees. The three private universities had an enrollment of 13,361 students.

Institutions with an international focus are the East-West Center, the Asia-Pacific Center for Security Studies, the Japan-America Institute of Management Science, Hawai‘i Pacific University, Chaminade University, Kansai Gaidai Hawai‘i College and the University of Hawai‘i.

Hawai‘i's statewide public school system had an enrollment in 2003 of 183,609 students in grades K-12. There are also 130 private schools. Enrollment in private schools was 32,193 in 2000.

TRANSPORTATION
Overseas airline passenger arrivals (2001): 7,270,532; interisland airline passengers: 9,169,182

There are 6 major airports the largest of which is Honolulu International Airport on Oahu.

Licensed drivers (2003): 834,188

Motor vehicle registrations (2004): 1,072,211

Streets and highways (2003): 4,307 miles

The availability of public transportation varies from island to island.

There are nine commercial harbors throughout the islands. Barge service is a primary mode of transportation between islands.

INCOME AND COST OF LIVING
Per capita personal income (2003): $30,913

Median annual income for families (2002): $67,564. Hawai‘i was ranked thirteenth among the fifty states and District of Columbia.

The cost of living for a family of four has been estimated to be roughly 25% higher than the U.S. average for a comparable standard of living.

GOVERNMENT FINANCE AND TAXATION
State revenue receipts in 2002 totaled nearly $5.9 billion, chiefly from taxes (58%) and inter-governmental revenue (23%). The general excise and use tax ($1.6 billion) and individual income tax ($1.1 billion) are the major sources of tax revenue.

The four counties establish real property tax rates and assess and collect these taxes. Except for licenses, permits and fees, other tax collections are the responsibility of the State which operates a centralized tax system. Hawai‘i has no personal property or inventory taxes.

There is a general excise tax (GET) of 4% that is applied to retail sale of goods and services.

The corporate tax rate is 4.4 percent of income up to $25,000, 5.4 percent of taxable income up to $100,000 and 6.4 percent of income exceeding $100,000. The capital gains tax rate is 4 percent for corporations.

HOUSING
Total housing units (2003): 475,972

State median resale value (2003): Single family, $350,000; condominium, $185,000

Average monthly mortgage (2003): $1,433

Average monthly rent (2003): $992

Housing is expensive in Hawai‘i, due to limited availability and the high price of land. Mobile homes are not found in Hawai‘i as zoning and building code regulations are stringent.

PUBLIC UTILITIES
Electricity sales (2003): 10.2 billion kilowatt-hours

Electric utilities: Hawai‘i Electric Light Company (Hawai‘i); Hawaiian Electric Co. (O‘ahu); Kaua‘i Electric (Kaua‘i); Maui Electric Co. (Maui, Moloka‘i and Lana‘i)

Gas sales (2003): 33.6 million therms of utility gas

Gas utility: The Gas Company

ENERGY RESOURCES
Imported petroleum (2004): about 89% of energy needs.

Other sources of energy: Solar, geothermal, garbage power, bagasse (waste from sugarcane) and wood chips from trees, wind power, water-driven turbines and coal.

Given its nearly total dependence on oil imports, Hawai‘i's top energy priorities are alternate energy and conservation.

RESEARCH, SCIENCE AND TECHNOLOGY
Research and development spending by the federal government (2002): $293.1 million

Hawai‘i supports science and technology research and development through a multitude of agencies. Key among these agencies are the High Technology Development Corporation, the Maui Research & Technology Center (home of the Maui High Performance Computing Center), the Natural Energy Laboratory of Hawai‘i Authority (an ocean science and technology park utilizing deep ocean water technology), Center of Excellence in Ocean Sciences (CEROS), Pacific Center for High Technology Research, Hawai‘i Natural Energy Institute and the Department of Business, Economic Development & Tourism.

The University of Hawai‘i fosters research in all aspects of science and technology with international recognition in areas such as astronomy, ocean sciences, geology and biomedical research.

Notably, astronomy plays a key role in Hawai‘i's commitment to scientific research. The exceptionally clear skies at the summits of Hawai‘i Island's Mauna Kea and Maui's Haleakala offer optimum conditions for astronomical observations. On Mauna Kea alone, 13 major facilities representing the cooperation of ten countries are in operation. The Subaru Telescope Facility, the newest observatory, represents a new class of revolutionary telescopes. Supported by a dedicated supercomputer in Hilo, its ultra-thin and light mirror permits extremely high accuracy in imaging celestial objects.

The John A. Burns School of Medicine will be relocating to a new $150 million facility in Kakaako in early 2005. This is the first phase in the development of Kakaako as a major biotechnology center.

Source: Hawaii.gov

 
 
 

 

Donna D Taylor, (RA)              Direct:               808-756-2805
RE/MAX Brokers                         e-mail:   Donna@KonaCoast.net
75-5995 Kuakini Hwy.               Toll Free:            866-315-5662 
Kailua-Kona, HI 96740              Fax:                    866-627-8658

EACH OFFICE INDEPENDENTLY OWNED AND OPERATED

home | listings | privacy policy | contact me | Luxury Homes | why a realtor | choosing a realtor | service promise | Hawaii state facts | Hawaii county facts | getting here | island maps | Important Information