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Village Center Economic Information
Maui County
From 1990 to 2006, Maui's population grew more than 2% per year, well ahead of the
statewide annual growth rate of less than 1%. As of 2006, Maui County accounted for 11% of Hawaii's population. During the same 16-year period, the number of wage and salary jobs in Maui County grew by approximately 20,600 jobs.
Maui's primary business is tourism. In 2007, more than 2.4 million visitors traveled to Maui. The island enjoyed a hotel occupancy rate of 76.5%, and its Average Daily Rate (ADR) of $262.23 was the highest in the state. Topping the leader board is Wailea Resort, whose $448.31 ADR in February 2008 was more than twice the statewide average. The resort area of Kaanapali/Kapalua also out-performed the state, with an ADR of $265.54.
An industry of growing importance is the knowledge and technology sector, including professional, technical and scientific services; computer systems and programming; enterprise management; administrative and waste management; health and social services; and information technologies.
The island of Maui - and Central Maui in particular - has been experiencing acute shortages of available space and land for industrial and commercial use. At times, vacancy levels have fallen to less than 1%, leading to rapid growth in rent prices.
Major Economic Sectors*, County of Maui
• Leisure & hospitality
• Trade, transportation & utilities
• State & local government
• Professional & business services
• Natural resources & construction
• Agriculture
* based on number of jobs
Population Radius from Kuikahi Drive & Waiale Road
|
1 mile |
3 miles |
5 miles |
10 miles |
| 2000 Census Population |
4,626 |
37,820 |
41,353 |
61,878 |
| 2007 Estimated Population
| 6,004 |
42,949 |
47,144 |
70,202 |
| 2012 Projected Population |
6,902 |
46,397 |
51,014 |
75,800 |
| Growth 2000-2007 |
29.79% |
13.56% |
14.01% |
13.45% |
Household Income Radius from Kuikahi Drive & Waiale Road
|
1 mile |
3 miles |
5 miles |
10 miles |
| 2000 Census Median Household Income |
$47,822 |
$47,421 |
$48,522 |
$49,467 |
| 2007 Estimated Median Household Income
| $58,516 |
$55,598 |
$57,163 |
$58,461 |
| 2012 Projected Median Household Income |
$63,347 |
$60,348 |
$62,129 |
$63,769 |
| 2007 Estimated Average Household Income |
$73,745 |
$69,305 |
$71,254 |
$72,792 |
| 2007 Estimated Households with Income $50,000 & over, as a percentage of total |
57.5% |
55.1% |
56.5% |
57.6% |
Traffic Data
Daily Traffic Volumes in Vicinity of Waiale Road / Kuikahi Drive Intersection
| Intersection Leg |
Vehicles Per DayProjected 2015 |
| Waiale Rd. North of Kuikahi Dr.
| 20,140 |
| Kaahumanu Dr. West of Waiale Rd. |
21,580 |
| Kuikahi Dr. Extension East of Waiale Rd. |
26,930 |
| Waiale Rd. Extension South of Kuikahi Dr. |
15,000 |
Useful Links
• County of Maui
• Hawaii Business Research Library
• State of Hawaii Department of Business, Economic Development & Tourism
Contact us for more information
Download a fact sheet
Download the project brochure
Download Financing Program
© 2008 CB Richard Ellis, Inc. and Commercial Properties of Maui. We obtained the information in this site from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.
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Maui Lani Development - A Mills Group Development