Washington, District of Columbia Property Taxes
The median property tax rate in Washington, DC is 0.77%, which matches the state median but is still lower than the national median of 0.99%. With a median home value of $593,750, the typical annual property tax bill in Washington reaches $4,081, significantly higher than the national median of $2,690. Property taxes here are calculated based on the tax assessed value, often lower than the market value due to exemptions like the primary residence exemption. Understanding Washington's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to substantial annual savings. Whether you're in the heart of Washington or another part of the city, grasping the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Washington, District of Columbia Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.77%
Estimate Property Tax Bill
$4,572
$4,243
Ownwell’s Washington Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Washington with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Washington to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Washington, District of Columbia
Property taxes in Washington, DC, are vital in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Washington is 0.77%, lower than the U.S. national median of 0.99%. Local government entities within Washington set these rates annually, and they can vary significantly across different neighborhoods. Each year, Washington estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Washington's effective property tax rate to other counties in the District of Columbia and the national median. For comparison, the 20052 zip code has the highest median property tax rate of 0.85%, while the 20019 zip code has the lowest median tax rate of 0.67%. Understanding how these areas compare with Washington provides valuable insights into the varying tax landscape across the District of Columbia, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Washington Tax Rate
0.77%
Average District Of Columbia County Tax Rate
0.77%
Average District of Columbia Tax Rate
0.77%
Average United States Tax Rate
0.99%
Property Tax Rates Across Washington, District of Columbia
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 00000 | N/A | N/A | N/A | N/A | N/A |
| 20001 | 0.61% | 0.70% | 0.78% | 0.83% | 0.85% |
| 20002 | 0.35% | 0.63% | 0.77% | 0.83% | 0.85% |
| 20003 | 0.54% | 0.71% | 0.78% | 0.83% | 0.85% |
| 20004 | 0.66% | 0.73% | 0.82% | 0.82% | 0.83% |
| 20005 | 0.63% | 0.70% | 0.79% | 0.82% | 0.83% |
| 20006 | 0.51% | 0.79% | 0.80% | 0.80% | 0.81% |
| 20007 | 0.57% | 0.77% | 0.81% | 0.84% | 0.85% |
| 20008 | 0.52% | 0.70% | 0.80% | 0.82% | 0.85% |
| 20009 | 0.62% | 0.69% | 0.78% | 0.82% | 0.83% |
| 20010 | 0.43% | 0.68% | 0.77% | 0.83% | 0.85% |
| 20011 | 0.27% | 0.58% | 0.74% | 0.81% | 0.85% |
| 20012 | 0.33% | 0.64% | 0.75% | 0.80% | 0.85% |
| 20015 | 0.38% | 0.77% | 0.79% | 0.81% | 0.85% |
| 20016 | 0.53% | 0.76% | 0.80% | 0.82% | 0.85% |
| 20017 | 0.29% | 0.63% | 0.74% | 0.81% | 0.85% |
| 20018 | 0.27% | 0.60% | 0.72% | 0.81% | 0.85% |
| 20019 | 0.21% | 0.45% | 0.67% | 0.85% | 0.85% |
| 20020 | 0.24% | 0.45% | 0.70% | 0.85% | 0.85% |
| 20024 | 0.55% | 0.67% | 0.80% | 0.82% | 0.83% |
| 2003 | 0.85% | 0.85% | 0.85% | 0.85% | 0.85% |
| 20032 | 0.21% | 0.48% | 0.69% | 0.85% | 0.85% |
| 20036 | 0.54% | 0.66% | 0.80% | 0.82% | 0.83% |
| 20037 | 0.65% | 0.77% | 0.81% | 0.83% | 0.84% |
| 20052 | 0.85% | 0.85% | 0.85% | 0.85% | 0.85% |
| 20585 | 0.85% | 0.85% | 0.85% | 0.85% | 0.85% |
Source: Ownwell
Property Tax Assessment Values Across Washington, District of Columbia
In Washington, DC, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the District of Columbia Office of Tax and Revenue for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Washington, DC, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. For example, the zip code 20052 has the highest median tax bill at $10,929, while the zip code 20032 has the lowest at $1,817. Being aware of these valuation processes in Washington, DC helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden.
Property Tax Assessment Values Across Washington, District of Columbia
Source: Ownwell
$242,640
$740,165
$1,237,690
Average Washington Assessed Value
$593,750
Average District Of Columbia County Assessed Value
$593,750
Average District of Columbia Assessed Value
$593,750
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Washington, District of Columbia
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 00000 | N/A | N/A | N/A | N/A | N/A |
| 20001 | $390,780 | $484,752 | $653,510 | $841,012 | $1,026,116 |
| 20002 | $353,820 | $487,455 | $650,310 | $836,332 | $1,026,079 |
| 20003 | $411,500 | $595,400 | $807,700 | $1,040,985 | $1,291,470 |
| 20004 | $325,266 | $418,290 | $474,330 | $616,375 | $779,360 |
| 20005 | $258,860 | $401,180 | $513,230 | $691,255 | $895,812 |
| 20006 | $213,620 | $229,030 | $242,640 | $255,780 | $342,165 |
| 20007 | $300,676 | $570,235 | $1,022,745 | $1,619,730 | $2,445,542 |
| 20008 | $298,260 | $416,580 | $838,830 | $1,595,710 | $2,491,942 |
| 20009 | $304,135 | $407,462 | $563,380 | $791,790 | $1,106,520 |
| 20010 | $365,044 | $515,130 | $721,070 | $883,580 | $1,096,686 |
| 20011 | $419,889 | $514,605 | $659,400 | $787,518 | $981,352 |
| 20012 | $465,600 | $596,255 | $738,995 | $917,508 | $1,101,656 |
| 20015 | $777,185 | $980,608 | $1,124,445 | $1,337,645 | $1,633,120 |
| 20016 | $315,990 | $464,695 | $1,017,015 | $1,398,728 | $2,016,210 |
| 20017 | $279,560 | $433,780 | $547,980 | $662,135 | $851,514 |
| 20018 | $340,484 | $463,280 | $567,910 | $671,460 | $794,052 |
| 20019 | $245,530 | $284,958 | $335,720 | $415,925 | $499,480 |
| 20020 | $142,392 | $262,155 | $356,405 | $453,398 | $553,314 |
| 20024 | $238,640 | $307,240 | $416,325 | $674,130 | $920,587 |
| 2003 | $472,550 | $472,550 | $472,550 | $472,550 | $472,550 |
| 20032 | $129,700 | $236,140 | $289,170 | $382,105 | $479,541 |
| 20036 | $254,806 | $285,490 | $378,370 | $480,130 | $690,104 |
| 20037 | $266,016 | $371,605 | $544,660 | $907,810 | $1,356,706 |
| 20052 | $1,050,460 | $1,112,130 | $1,237,690 | $1,295,500 | $1,518,940 |
| 20585 | $1,191,280 | $1,191,280 | $1,191,280 | $1,191,280 | $1,191,280 |
Source: Ownwell
Property Tax Bills Across Washington, District of Columbia
Property tax bills in Washington, DC, are calculated based on the assessed value of a property, which is determined by the Office of Tax and Revenue. The assessed value is supposed to reflect the market value of the property. The tax rate in Washington, DC, is applied to this assessed value to determine the annual tax bill. For instance, with a median home price of $593,750, homeowners can expect varying tax bills. The 25th percentile tax bill is around $2,474, while the 75th percentile tax bill can be as high as $6,707. The tax bill at the 90th percentile reaches up to $10,011. Factors influencing the tax bill include property location, improvements made, and market conditions. In Washington, DC, the highest median tax bill in zip code 20052 is $10,929, whereas the lowest in zip code 20032 is $1,817. These property taxes significantly impact homeowners, influencing their overall housing costs and financial planning. Comparing these figures to the national median property tax rate of 0.99% highlights the variability and significance of local tax rates.
Average Washington Tax Bill
$4,081
Average District Of Columbia County Tax Bill
$4,081
Average District of Columbia Tax Bill
$4,081
Average United States Tax Bill
$2,690
Property Tax Bills Across Washington, District of Columbia
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 00000 | N/A | N/A | N/A | N/A | N/A |
| 20001 | $2,516 | $3,423 | $4,766 | $6,514 | $8,169 |
| 20002 | $1,749 | $2,903 | $4,610 | $6,473 | $8,201 |
| 20003 | $2,561 | $3,787 | $5,997 | $8,124 | $10,331 |
| 20004 | $2,089 | $3,049 | $3,729 | $4,824 | $6,097 |
| 20005 | $1,781 | $2,741 | $3,856 | $5,332 | $6,988 |
| 20006 | $1,264 | $1,723 | $1,926 | $1,983 | $2,760 |
| 20007 | $2,093 | $3,754 | $7,986 | $12,990 | $19,999 |
| 20008 | $1,854 | $2,865 | $5,693 | $12,740 | $19,569 |
| 20009 | $2,056 | $2,893 | $4,134 | $5,981 | $8,681 |
| 20010 | $2,146 | $3,160 | $5,234 | $6,883 | $8,705 |
| 20011 | $1,544 | $2,731 | $4,424 | $5,967 | $7,632 |
| 20012 | $2,056 | $3,237 | $5,119 | $6,987 | $8,554 |
| 20015 | $3,410 | $7,054 | $8,715 | $10,600 | $13,018 |
| 20016 | $2,134 | $3,347 | $7,665 | $11,020 | $16,225 |
| 20017 | $1,447 | $2,221 | $3,587 | $4,854 | $6,516 |
| 20018 | $1,357 | $2,201 | $3,940 | $5,005 | $6,135 |
| 20019 | $610 | $1,209 | $2,208 | $2,982 | $3,844 |
| 20020 | $642 | $1,088 | $2,133 | $3,238 | $4,239 |
| 20024 | $1,300 | $2,165 | $2,982 | $4,961 | $7,318 |
| 2003 | $4,017 | $4,017 | $4,017 | $4,017 | $4,017 |
| 20032 | $511 | $934 | $1,817 | $2,717 | $3,579 |
| 20036 | $1,550 | $2,100 | $2,783 | $3,737 | $5,304 |
| 20037 | $1,878 | $2,695 | $4,119 | $7,095 | $11,086 |
| 20052 | $10,929 | $10,929 | $10,929 | $10,929 | $10,929 |
| 20585 | $10,126 | $10,126 | $10,126 | $10,126 | $10,126 |
Source: Ownwell