ZIP Code 20005

In ZIP 20005, within Washington, homes carry a median value of $640,600 while the county-level effective property tax rate sits at 0.58% — a combination that yields an annual levy of roughly $3,700, though the exact bill depends on assessment. Households here earn a median of $116,724, and per-capita income reaches $109,790, so property taxes claim a smaller share of earnings than in many high-cost markets. Sales tax runs 6.00%. Even so, the steep purchase prices mean buyers need substantial income or equity to enter the market, and ongoing ownership costs extend beyond taxes alone.