State economy

Hawaii economy

Hawaii's unemployment rate was 2.8% in September 2026, up from 2.7% the month before and 2.1% a year earlier. That ranks 5 of 51 (1 = lowest); the national rate was 4.1%. Employers had 0.64 million jobs on their payrolls in September 2026, a gain of 400 (+0.1%) from a year earlier. Home prices (FHFA index) were +8.7% from a year earlier in Q2 2026. Median household income was $105,100 in 2025.

2.8%
unemployment rate
September 2026
Unemployment rate2.8%Rank 5 of 51 (1 = lowest)
10-year range2.0–22.5%Low Sep 2017 · high Apr 2020
Nonfarm jobs0.64M+0.1% in a year · rank 37
Home prices (FHFA)+8.7%1-year change · Q2 2026 · 5-yr +41%
Median household income$105,1002025 · rank 7 of 51

Hawaii: unemployment rate

Hawaii unemployment rateLine chart from Jan 1, 2006 to Sep 1, 2026. Latest 2.8%; high 22.5% on Apr 1, 2020; low 2.0% on Sep 1, 2017.0%5%10%15%20%25%20082010201220142016201820202022202420262.8%High 22.5%Low 2.0%

Hawaii: jobs, change from a year earlier

Hawaii nonfarm jobs, 12-month changeLine chart from Jan 1, 2001 to Sep 1, 2026. Latest +0.1%; high +16.8% on Sep 1, 2021; low -22.8% on May 1, 2020.-30%-20%-10%0%10%20%20052010201520202025+0.1%High +16.8%Low -22.8%

Hawaii: home prices, change from a year earlier

Hawaii FHFA house price index, 12-month changeLine chart from Jan 1, 2001 to Apr 1, 2026. Latest +8.7%; high +28.1% on Jul 1, 2004; low -9.4% on Apr 1, 2009.-10%0%10%20%30%20052010201520202025+8.7%High +28.1%Low -9.4%

Hawaii: median household income

Hawaii median household incomeLine chart from Jul 1, 1984 to Jul 1, 2025. Latest $105,100; high $105,100 on Jul 1, 2025; low $28,880 on Jul 1, 1984.$20,000$40,000$60,000$80,000$100,000$120,0001990199520002005201020152020$105,100Low $28,880

Other states

Sources: U.S. Bureau of Labor Statistics (unemployment, nonfarm payrolls; seasonally adjusted), Federal Housing Finance Agency (all-transactions house price index), U.S. Census Bureau (median household income, current dollars), via FRED. US unemployment rate: 4.1% (October 2026).