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Mililani Mauka, East Honolulu, Waikele: These cities aren't just some of the best places to live in Hawaii. They are also home to some of the richest people in the Aloha State.
Mililani Mauka in particular houses the richest residents in the state thanks, in part, to a median household income of $111,432 and a ridiculously low poverty rate of 2.674441986728333%.
If you're thinking of moving to one of these towns, you'll probably need to start saving. The richest places in Hawaii share common characteristics such as having a genius level populous, sky high home prices, and a Pleasantville level of married couples.
How did we come up with these mega wealthy cities? We analyzed Census data from the 2014-2018 American Community Survey for the 56 places in Hawaii with more than 5,000 people.
At the end of the day, here's the set of the 10 richest places in Hawaii for 2020:
- Mililani Mauka (Photos | Homes For Sale)
- East Honolulu (Photos | Homes For Sale)
- Waikele (Photos | Homes For Sale)
- West Loch Estate (>Homes For Sale)
- Ewa Gentry (Photos | Homes For Sale)
- Ocean Pointe (Photos | Homes For Sale)
- Ahuimanu (Photos | Homes For Sale)
- Ewa Villages (Photos | Homes For Sale)
- Aiea (Photos | Homes For Sale)
- Royal Kunia (>Homes For Sale)
For more on how we calculated the top ten, read on or skip to the end for the full list of the richest cities in Hawaii.
Rich people not your cup of tea? Feel free to check out some more reading about Hawaii:
The 10 Richest Cities In Hawaii For 2020
Mililani Mauka is a census-designated place in Honolulu County, Hawaii on the island of Oahu, Hawaii, United States. As of the 2010 Census, the CDP had a population of 21,039.
Aiea is a census-designated place located in the City and County of Honolulu, Hawaii, United States. As of the 2010 Census, the CDP had a total population of 9,338.
How We Determined The Richest Places In Hawaii For 2020
The first thing that comes to most people's minds when they think about determining the richest places is to simply identify personal incomes. After all, rich people have really high salaries.
However, we don't believe that one statistic wholly encompasses what it means to be one of the "richest places". So we looked at this set of criteria from the newly released 2014-2018 American Community Survey:
- Poverty Level
- Median Household Income
- Unemployment Rate
Median household income is the most digestible way to understand how rich a place really is. The unemployment rate tries to capture the prospects for more people to become rich. If more people are employed, the richer the future looks.
After we collected the data for all 56 places with more than 5,000 people in Hawaii, we ranked each place from 1 to 56 for each of the criteria, with 1 being the richest.
We then averaged all the rankings for a place into a "Rich Score" with the place having the lowest overall Rich Score, Mililani Mauka, crowned the "Richest City In Hawaii For 2020". You can download the data here.
You can learn more about the top ten below or skip to the end to see the rankings for all 56 places.
There You Have It - The Wealthiest Places In Hawaii For 2020
Like we said earlier, when we set out to identify the richest places in Hawaii, we weren't sure what we'd encounter, but it ended up being some of the best places to live in Hawaii.
When you look at the data, the cities and places mentioned above meet the criteria for being at the very top of the income ladder for everyone that lives there.
If you're curious enough, here are the poorest cities in Hawaii, according to data:
2nd Poorest: Waianae
3rd Poorest: Nanakuli
For more Hawaii reading, check out: