51 Hawaii Business Stats & Facts For 2025

Here are 51 business stats about Hawaii for 2025.

Basics:

Population: 1,435,138 (US Census 2020)
Population desnity per square mile: 226.60
GDP: $108,023 (millions USD)
GDP Per Capita: $75,946
Median household income (in 2022 dollars): $94,814
Real GDP Growth Rate: 2.00%
Total Employment: 748.8k
Unemployment Rate: 3.0%

Rankings

% Share of National Economy: 0.40%
State Economic Growth Rank (out of 50): 40
Population Growth Rank (out of 50): 35
Business Growth Rank (out of 50): 46
State Growth Rank in Employment (out of 50): 32

Biggest Industries In Hawaii By Revenue

1. Public Schools: $11.2b
2. Hotels & Motels: $9.2b
3. Health & Medical Insurance: $8.4b
4. Gasoline & Petroleum Bulk Stations: $6.0b
5. Hospitals: $5.6b
6. Commercial Banking: $5.2b
7. New Car Dealers: $4.6b
8. Scientific Research & Development: $4.4b
9. Supermarkets & Grocery Stores: $4.3b
10. Warehouse Clubs & Supercenters: $3.7b

Biggest Employers In Hawaii

1. Hawai`i Pacific Health: 7,102 (0.9%)
2. Hawaiian Electric Industries, Inc.: 3,702 (0.5%)
3. Kamehameha Schools: 3,380 (0.5%)
4. Securitas: 2,461 (0.3%)
5. Kaiser Foundation Health Plan, Inc.: 2,286 (0.3%)
6. Bank Of Hawaii Corp: 2,146 (0.3%)
7. First Hawaiian Bank: 2,103 (0.3%)
8. Prince Resorts Hawaii Inc.: 1,515 (0.2%)
9. Walt Disney Co: 1,400 (0.2%)
10. Polynesian Cultural Center: 1,250(0.2%)

Small Businesses In Hawaii

Number of Small Businesses 133,993
Percent of bossiness that are small businesses: 99.20%
Number of employees: 267,388
Share of Employment: 48.70%
Number of New Businesses In The Past Year: 5,888
Number of Businesses That Closed In The Past Year: 3,790
Net Change In New Businesses: 2,098

Number of Businesses With No Employees: 109,569
Number of Businesses with 1-19 Employees: 21,294
Number of Businesses with 20-499 Employees: 3,130
Share of Businesses Owned By Women: 46.40%
Share of Businesses Owned By Veterans: 7.40%
Share of Hispanic Owned Businesses: 6.40%
Share of Businesses Owned By Racial Minorities: 51.30%

Fortune 500 Companies In Hawaii

Number of Fortune 500 Headquaters: N/A
Biggest Company: N/A
Biggest Company Type: N/A
Number of Employees: N/A
Revenue (in millions): N/A

Taxes In Hawaii

State Corporate Tax Rate:

• 4.40%
• 5.40%
• 6.40%

State Corporate Tax Rate Brackets:

• $0
• $25,000
• $100,000

State Sales Tax Rate: 4.00%
State Sales Tax Rank (out of 50): 40
Average Local Sales Tax Rate: 0.50%
Max Local Sales Tax Rate: 0.50%
Average Combined Sales Tax Rate: 4.50%
Combined Sales Tax Rank (out of 50): 45

Minimum State Income Tax Rate If You’re Single: 1.00%
Minimum State Income Tax Rate If You’re Married: 1.00%

General Hawaii Population Facts

In civilian labor force, total, percent of population age 16 years+: 60.40%
In civilian labor force, female, percent of population age 16 years+: 59.00%
Share of population which is foreign born: 18.00%
Mean travel time to work (minutes), workers age 16 years+: 26.6

Housing

Number of Housing Units: 572,063
Owner-occupied housing unit rate: 61.80%
Median value of owner-occupied housing units: $764,800
Median gross rent per month: $1,868
Households with a computer: 94.50%
Households with a broadband Internet subscription: 89.80%

Education

High school graduate or higher, percent of persons age 25 years+: 92.70%
Bachelor’s degree or higher, percent of persons age 25 years+: 34.70%

Also See

• Hawaii Registered Agent Services
• Hawaii Secretary of State Business Search
• How To Form an LLC In Hawaii
• Hawaii Bookkeepers & Bookkeeping Services

Sources

• https://en.wikipedia.org/wiki/List_of_U.S._states_and_territories_by_GDP
• https://en.wikipedia.org/wiki/Economy_of_Hawaii
• https://www.ibisworld.com/united-states/economic-profiles/hawaii/
• https://taxfoundation.org/data/all/state/2024-sales-taxes/
• https://taxfoundation.org/data/all/state/state-corporate-income-tax-rates-brackets-2024/
• https://taxfoundation.org/data/all/state/state-income-tax-rates-2024/
• https://advocacy.sba.gov/2023/11/14/2023-small-business-profiles-for-the-states-territories-and-nation/
• https://advocacy.sba.gov/wp-content/uploads/2023/11/2023-Small-Business-Economic-Profile-HI.pdf
• https://www.bls.gov/eag/
• https://www.bls.gov/regions/west/hawaii.htm#eag
• https://www.census.gov/quickfacts/fact/table/HI,US/PST045223
• https://www.50pros.com/fortune500