Property Tax Calculator for Washington, DC
Updated 2026 · Local data pre-filled
Property taxes in Washington run approximately 0.57% of assessed value. On the median home of $575,000, that's roughly $3,278/year ($273/mo). This is below the national average rate of 1.10%.
✓ Calculator below is pre-filled with Washington local data
How Washington Compares to the National Average
Understanding how Washington stacks up helps you calibrate your financial planning.
| Metric | Washington, DC | US Average | Difference |
|---|---|---|---|
| Median Home Price | $575,000 | $420,800 | +36.6% |
| Median Monthly Rent | $2,195 | $1,713 | +28.1% |
| Median Household Income | $98,700 | $74,580 | +32.3% |
| Property Tax Rate | 0.57% | 1.10% | -48.2% |
| Cost of Living Index | 154 | 100 | +54.0% |
Sources: U.S. Census Bureau, BLS, Zillow, NAR (2024–2025). Green = favorable for residents; red = less favorable.
Washington Financial Snapshot
- Population (Metro)
- 6,510,000
- Unemployment
- 4.0%
- Avg Commute
- 34 min
- Median Age
- 34.7
- Price-to-Rent Ratio
- 21.8x
- Annual Property Tax
- $3,278
Frequently Asked Questions — Washington
What is the median home price in Washington, DC?
The median home price in Washington is $575,000 as of 2025–2026. This is above the national median of $420,800.
What is the average rent in Washington?
Median monthly rent in Washington is $2,195. That works out to $26,340/year, or 27% of the median household income — within the commonly recommended 30% of income guideline.
Is Washington affordable?
Washington's cost of living index is 154 vs. the national average of 100. With a median household income of $98,700/year and a median home price of $575,000, the price-to-income ratio is 5.8x. Washington falls in the middle of the affordability spectrum for US cities.
What is the property tax rate in Washington?
The effective property tax rate in Washington is 0.57% of assessed value. On the median home of $575,000, that's roughly $3,278/year ($273/month).