Washington, DC — income, home value, property tax, and sales tax.
In ZIP code 20020, within Washington, households earn a median of $54,032, while per-capita income reaches $34,437. A median home value of $456,000 pairs with a county property tax rate of 0.58%, so annual property taxes on such a home would run roughly $2,645. Sales taxes combine to 6.00% on purchases. Together these figures sketch a cost picture where housing prices stand well above what median earnings alone might suggest, though the property tax rate itself stays below one percent, and the sales tax sits at a moderate six percent.
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