Maui County 2023/2024 Property Tax Rates

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The County of Maui announced property tax rates for the upcoming 2023/2024 fiscal year. After a number of significant changes in both rates and classifications in recent years, the Mayor and County Council opted for more limited change for this coming fiscal year. The complete set of rates for the upcoming fiscal year can be found below.

2023/2024 Rates

Here are the updated rates for Maui County in 2023/2024. If there is any change in rates, last years rates are noted for reference. All rates shown below are per $1,000 of assessed value.

Owner Occupied

  • Tier 1: up to $1,000,000 Formerly $2.00 now $1.90
  • Tier 2: $1,000,001 to $3,000,000 Formerly $2.10 now $2.00
  • Tier 3: more than $3,000,000 Formerly $2.71 now $2.75

Non Owner Occupied

  • Tier 1: up to $1,000,000 Unchanged $5.85
  • Tier 2: $1,000,001 to $4,500,000 Unchanged $8.00
  • Tier 3: more than $4,500,000 Unchanged $12.50

Apartment

  • Unchanged $3.50

Hotel and Resort

  • Unchanged $11.75

Timeshare

  • Unchanged $14.60

Short-Term Rental

  • Tier 1: up to $1,000,000 Unchanged $11.85
  • Tier 2: $1,000,001 to $3,000,000 Unchanged $11.85
  • Tier 3: more than $3,000,000 Unchanged $11.85

Long-Term Rental

  • Tier 1: up to $1,000,000 Unchanged $3.00
  • Tier 2: $1,000,001 to $3,000,000 Unchanged $5.00
  • Tier 3: more than $3,000,000 Unchanged $8.00

Agricultural

  • Unchanged $5.74

Conservation

  • Unchanged $6.43

Commercial

  • Unchanged $6.05

Industrial

  • Unchanged $7.05

Commercial Residential

  • Unchanged $4.50

Check out the county’s description of different property type classifications if there is any confusion on what category your current property or future property might fit into.

Maui Homeowner and Long Term Rental Exemptions

If you have a primary residence on Maui or own a property that you rent long term, you may be eligible to reduce your tax bill. Under the homeowner (primary residence) exemption, residents are eligible for a $200,000 reduction on their assessed value. The long term rental exemption also provides a $200,000 reduction on the assessed value if your tenant has a year lease or longer. If you have a long term rental on the same property as your primary residence, you may be eligible for a $300,000 total reduction on your assessed value.

The deadline to file for the homeowner or long term rental exemptions for this coming fiscal year passed. If you file by the end of 2023, you would be eligible for the exemption and tax rate for the 2024/2025 fiscal year. Here is the link to the Long Term Rental Exemption and the Home Owner Exemption forms. The rules for eligibility for the homeowner exemption can be confusing. It is worth reading the county Exemption FAQ to better understand eligibility requirements.

Maui Property Tax Timelines

The new rates go into effect at the start of the new fiscal year on July 1st, 2023. Property taxes are due in two separate installments. The first installment is due in August 2023 with the second installment in February 2024. Owners should have received notification of their new assessed values in March of 2023.

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