ZIP Code 20245

Washington, DC — income, home value, property tax, and sales tax.

Median household income
N/A
Per-capita income
N/A
Median home value
$737,100
Property tax rate
0.58%
Combined sales tax
6.00%

In ZIP code 20245, which covers part of Washington, the county-level effective property tax rate is 0.58%. That rate applies to whatever a home is worth, so the actual tax bill scales directly with value: a higher-priced home pays proportionally more, while a lower-priced one pays less, without the rate itself shifting. How comfortably a household absorbs that bill depends on earnings relative to home value, since the tax is drawn from income rather than spread across years. Purchases in this ZIP also carry a 6.00% combined sales tax, which adds to the overall cost of living alongside the annual property tax obligation.