Washington, DC — income, home value, property tax, and sales tax.
In ZIP code 20032, within Washington, median household income stands at $49,139, while per-capita income reaches $35,467. A median home value of $407,700 pairs with a county-level effective property tax rate of 0.58%, which keeps annual property taxes below what many higher-rate jurisdictions charge on similar homes. Sales taxes combine to 6.00%, applying to purchases throughout the area. Together these figures sketch a cost picture where housing values run well above what local incomes alone might imply, while the property tax rate and sales tax rate stay on the lower side, shaping what a household here pays both annually and at the register.
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