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Real Estate Prices & Overview

Kohanaiki / Honokohau median real estate price is $658,878, which is less expensive than 80.8% of Hawaii neighborhoods and 24.2% of all U.S. neighborhoods.

The average rental price in Kohanaiki / Honokohau is currently $2,396, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 81.6% of Hawaii neighborhoods.

Kohanaiki / Honokohau is a rural neighborhood (based on population density) located in Kailua Kona, Hawaii. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).

Kohanaiki / Honokohau real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Kohanaiki / Honokohau neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.

Kohanaiki / Honokohau has a 10.4% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 63.3% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.

Notable & Unique Neighborhood Characteristics

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Kailua Kona, the Kohanaiki / Honokohau neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

Do you like a coastal setting? If so, this neighborhood may be to your liking. The Kohanaiki / Honokohau neighborhood is on the ocean, a bay, or inlet. Often such coastal places have amenities and recreational activities on the waterfront that are attractive to residents and visitors alike. In addition to being coastal, Kohanaiki / Honokohau is a very nautical neighborhood, meaning that it is somewhat historic, walkable, densely populated and on the water. This gives the neighborhood a very nautical feel, with some seaside and shipping feel, which some may really enjoy the sights and sounds of.

Modes of Transportation

Our research shows that more people carpool to work here in the Kohanaiki / Honokohau (25.8%) than in 97.5% of the neighborhoods in America.

Occupations

From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Kohanaiki / Honokohau neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 97.5% of all American neighborhoods.

Diversity

Significantly, 4.0% of its residents five years old and above primarily speak Tagalog, which is the first language of the Philippine region, at home. While this may seem like a small percentage, it is higher than 97.2% of the neighborhoods in America.

The Neighbors

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the Kohanaiki / Honokohau neighborhood in Kailua Kona are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 63.6% of the neighborhoods in America. With 26.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 77.7% of U.S. neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Kohanaiki / Honokohau neighborhood, 41.8% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 23.6% of the residents employed. Other residents here are employed in executive, management, and professional occupations (18.3%), and 16.0% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Kohanaiki / Honokohau neighborhood is English, spoken by 59.6% of households. Some people also speak Tagalog (the first language of the Philippine region) (4.0%).

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the Kohanaiki / Honokohau neighborhood in Kailua Kona, HI, residents most commonly identify their ethnicity or ancestry as Asian (11.5%). There are also a number of people of Puerto Rican ancestry (5.8%), and residents who report Irish roots (4.2%), and some of the residents are also of German ancestry (3.4%), along with some English ancestry residents (3.3%), among others. In addition, 20.7% of the residents of this neighborhood were born in another country.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Kohanaiki / Honokohau neighborhood spend under 15 minutes commuting one-way to work (38.3% of working residents), one of the shortest commutes across America.

Here most residents (69.5%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (25.8%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


Real Estate includes:
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Commute To Work
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Race & Ethnic Diversity
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Schools include:
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