Calculate using real Washington data. Median home price: $550,000. Property tax rate: 0.56%.
The effective property tax rate in Washington, DC is 0.56%. On the median home value of $550,000, that equals approximately $3,080 per year.
At the 0.56% effective rate, a $550,000 home in Washington, DC would pay about $3,080 annually, or $257 per month.
The 0.56% rate in Washington, DC is below the national average of roughly 1.1%.