Famous for its beauty and the variety of its ethnic groups, and with average temperatures of 71 degrees Fahrenheit in January and 79 degrees Fahrenheit in July, its no wonder that tourism in Honolulu is the city's principal industry. Construction of luxury hotels and housing developments have made Honolulu the business and population center of Hawaii. Federal defense expenditures is another of Honolulu's main industries, as well as agricultural exports, chiefly being sugar and pineapples. Other industries of Honolulu include construction materials, rubber products, clothing, electronics and computer equipment, jewelry, printing and publishing, and food and beverages.
The four largest employers in Honolulu are the United States Government (91,850 employees), the City and County of Honolulu (11,350 employees), the Queen's Medical Center (3,000 employees), and the Bank of Hawaii (2,500 employees).
The estimated median household income for 2005 was $50,793, up just over $5000 from the 2000 estimate of $45,112. The unemployment rate is 2.7%