State Tax Collections: T01 Property Taxes for Hawaii

QTAXT01QTAXCAT3HINO • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

0.00

Year-over-Year Change

N/A%

Date Range

1/1/1994 - 10/1/2010

Summary

The State Tax Collections: T01 Property Taxes for Hawaii metric tracks quarterly property tax revenues collected by the state government of Hawaii.

Analysis & Context

This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.

Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.

About This Dataset

This data series provides insight into the revenue generated by property taxes, a key source of funding for state and local governments. Economists and policymakers use this information to analyze fiscal trends and the tax burden on residents.

Methodology

The data is collected and reported quarterly by the U.S. Census Bureau.

Historical Context

Property tax collections are an important indicator of economic activity and real estate market conditions.

Key Facts

  • Hawaii collected $419 million in property taxes in Q4 2022.
  • Property taxes account for 24% of Hawaii's total state tax revenue.
  • Quarterly property tax collections have grown by 7.3% on average over the past 5 years.

FAQs

Q: What does this economic trend measure?

A: The State Tax Collections: T01 Property Taxes for Hawaii metric tracks the quarterly revenue collected by the state government from property taxes.

Q: Why is this trend relevant for users or analysts?

A: This data provides insight into a key source of state government funding and can signal broader trends in the real estate market and economic activity.

Q: How is this data collected or calculated?

A: The data is collected and reported quarterly by the U.S. Census Bureau.

Q: How is this trend used in economic policy?

A: Policymakers and economists analyze property tax collections to understand state fiscal conditions and the tax burden on residents.

Q: Are there update delays or limitations?

A: The data is released on a quarterly basis, with a lag of approximately 3 months.

Related Trends

Citation

U.S. Federal Reserve, State Tax Collections: T01 Property Taxes for Hawaii (QTAXT01QTAXCAT3HINO), retrieved from FRED.