Washington, DC — income, home value, property tax, and sales tax.
In ZIP code 20037, part of Washington, homes carry a median value of $685,300, yet the county-level effective property tax rate sits at just 0.58%, yielding an annual bill well below what that rate might imply elsewhere. Households here earn a median of $111,153, with per-capita income at $91,452, so property taxes absorb a smaller share of earnings than in many higher-rate jurisdictions. Sales tax adds 6.00% on purchases. The result is a housing market where high prices coexist with comparatively restrained tax costs relative to income.
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