Maui Property Taxes Fiscal Year July 1, 2024-June 30, 2025
Changes: Classifications & Rates

Each year, Maui County does two things: assesses the value of the property AND sets new rates for the upcoming fiscal year, which runs from July 1st-June 30th.  The Maui County Council has proposed the rates below for 2024-2025 as well as a summary of how they've changed over the years.

Maui County Property Tax Rates 2024 vs Prior Years

Rates are per $1000 of assessed value.  In 2020, the County introduced a new Tiered assessment.  Prior to that, there was a flat rate per the classification.

How do you calculate your property taxes given the new tiered system?

Maui County has prepared this information, however, please note that the tiered amounts have changed since this was proposed.  View How to Calculate Maui County Property Taxes using the Tiered System

How have Maui Property Taxes Changed? What increased in 2024 vs. 2023?

• Owner Occupied/Homeowner.  Tier 1 (-5%),  Tier 2 (0%), Tier 3 (+18%)
• Non-Owner Occupied.  Tier 1 (0%), Tier 2 (+6%), Tier 4 (+12%)
• Short Term Rental:  Tier 1 (+5%), Tier 2 (+14%), Tier 3 (+27%)
• Commercialized Residential: Tier 1 (-9%), Tier 2 (+14%),  Tier 3 (+82%)
• No Change: Apartment, Hotel& Resort, Timeshare, Agriculture, Conservation, Commercial, Industrial

Looking back over the past 5 years, the county introduced a tiered system, which assesses taxes in three tiers:

1. Up to $1M
2.  $1,000,001 to $3,000,000
3. $3,000,000 and over

It has decreased the property tax rates for the first tier of value for homeowners, as well as in apartment owner.  Other classifications like Agricultural and Conservation zoning have held steady.  The largest increases have been to Short Term Rentals, Hotels & Resorts, and second homeowners, and this year in commercialized residential. 

The County of Maui has been under pressure to keep housing affordable for local homeowners and residents and to provide affordable housing.  To incentivize owners to rent long-term (12-month leases or longer), they've introduced a lower property tax rate and an exemption.

In December 2020, the County Council unanimously passed Bill 129.  In an effort to bolster housing for local residents, the county passed Bill 129 which creates an additional tax advantage to someone choosing to rent their property on a long-term basis.  This bill essentially creates a "long-term rental" tax classification and exemption, and took effect in 2022.

The long-term-rental exemption form is available with other forms at: https://www.mauicounty.gov/1953/RPA-Forms-andInstructions. The deadline to file for the long-term rental exemption for the next fiscal year is December 31st.

Per the Maui County property tax website: "Property is classified based upon its highest and best use. Properties receiving home exemptions, long-term rental exemptions, permitted bed and breakfasts and permitted transient vacation rentals are exceptions."

What do Maui County Classifications mean?

Per the Maui County website*, the County of Maui details the classifications of real property as follows:

• Time Share – real property that is subject to a time share plan as defined in section 514E-1, Hawaii Revised Statutes.
• Non-owner-occupied - real property improved with a dwelling that would not be classified as “owner-occupied,” “hotel and resort,” “time share,” “TVR-STRH,” “commercial,” “industrial,” “commercialized residential,” or “long-term rental."
• Commercialized Residential – real property that serves as the owner’s principal residence and has been granted a bed and breakfast home permit, a short-term rental home permit, or operates as a transient vacation rental, and cannot qualify for a home exemption.
• TVR-STRH – lodging or dwelling units occupied by transient tenants for periods of less than six consecutive months, including real property that does not serve as the owner’s principal residence and has been granted a short-term rental home permit or a conditional permit allowing transient vacation rental use without regard to its highest and best use and cannot qualify for a home exemption.
• Apartment – multi-dwelling-unit improvements containing five or more dwellings that would not be classified ““TVR-STRH.”
• Commercial 
• Industrial 
• Agricultural 
• Conservation 
• Hotel and Resort – properties occupied by transient tenants for period of less than six consecutive months, have eight or more lodging or dwelling units and employ more than twenty full time persons.
• Owner-occupied – real property owned and occupied as a principal home and for which a home exemption was filed and granted.
• Long-term rental – dwelling units occupied by long-term tenants for periods of twelve consecutive months or more to the same tenant and have been granted a long-term rental exemption. .

Note: No definition was provided for Commercial, Industrial, Agricultural or Conservation.

*This information taken from https://www.mauicounty.gov/755/Classification-for-Tax-Rate-Purposes as of the date of this post.  It is subject to change.

Maui County Property Tax Important Dates

• July 1—Tax year commences. Taxes are calculated based upon January 1 assessed values and fiscal year tax rates.
• July 20 — First half of fiscal year tax bills mailed.
• August 20 — First half of fiscal year tax payments due.
• September 1 — Deadline for filing dedication petitions.
• December 1 — Condominium AOAO use declaration.
• December 31 — Deadline for filing circuit breaker applications for the next fiscal year.
• December 31 — Deadline for filing exemption claims and ownership documents.
• January 1 — Assessed values established for use during the next tax year.
• January 20 — Second half of fiscal year tax bills mailed.
• February 20 — Second half of fiscal year tax bills due.
• March 15 — Assessment notices mailed.
• April 9 — Deadline for filing appeals.
• May 1 — Certified assessments forwarded to the County Council for budget purposes.
• June 20 — Tax rates established by the County Council

For additional information, all dates to remember, and appeals information visit the Maui County website