Washington, DC — income, home value, property tax, and sales tax.
In ZIP code 20057, which covers part of Washington, the county-level property tax rate is 0.58%. With per-capita income at just $3,904, the relationship between earnings and housing costs stands out sharply. A home assessed at $300,000 would carry an annual property tax bill near $1,740, an amount that exceeds what many residents here earn in a year. Combined with a 6.00% sales tax, everyday purchases also take a bite. This combination of very low reported income and ongoing property and sales taxes shapes how housing weighs on those living in this area.
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