With a 10.75% top income tax rate and 0.56% property tax, District of Columbia homeowners face a significant combined tax burden. This calculator is pre-filled with District of Columbia numbers: $650,000 median price, 0.56% property tax, $1,300/year insurance.
Last updated: March 13, 2026
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Monthly Payment (District of Columbia)$0
Loan Details — District of Columbia
District of Columbia median: $650,000
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Below 20% triggers PMI on conventional loans
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Average 30-year fixed ~6.75% (March 2026)
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District of Columbia average: 0.56%
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District of Columbia average: $1,300/yr
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District of Columbia Metro Area Home Prices
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District of Columbia's Tax Landscape and Your Mortgage
District of Columbia uses a progressive income tax with a top rate of 10.75%. A household earning $150,000 pays an estimated $10,481-$13,706 in state income tax, depending on filing status and deductions. That's $1,008/month less available for housing costs.
At the state's median home price of $650,000, the $0.56% property tax rate adds $303/month to your mortgage payment. That's $3,640/year — below the national median of ~1.1%.
Property Taxes Across District of Columbia
The 0.56% statewide average masks significant variation. Low property tax rate but extremely high home values — median tax bill still exceeds $5,000/year
Price ranges across the state: Northwest DC has a median of $950,000, while Northeast DC sits at $575,000 — a $375,000 gap that dramatically changes your monthly payment. At $0.56% property tax, that price difference alone means $175/month more in property tax in Northwest DC.
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Homebuyer Programs and Exemptions
District of Columbia offers several programs for homebuyers:
DCHFA DC Open Doors with up to 5% down payment assistance
Home Purchase Assistance Program (HPAP) with interest-free loans up to $80,000 for low-income buyers
Homestead exemption: Homestead deduction of $85,960 from assessed value; senior/disabled additional exemptions
District of Columbia-Specific Considerations
High income tax rates up to 10.75% on income over $1M
Low property tax rate but extremely high home values — median tax bill still exceeds $5,000/year
High-cost area conforming loan limit of $1,209,750
Transfer tax of 1.1% (2.2% for properties over $400K; 2.9% over $2M)
No representation in Senate — unique political and tax status
HPAP program is one of the most generous first-time buyer assistance programs in the nation
Compare District of Columbia Mortgage Rates
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How does District of Columbia compare?
See where District of Columbia lands on our interactive State Tax & Housing Cost Comparison — plot all 50 states on property tax vs. income tax and adjust for your income and property value.
0.39% property tax, 5% top rate. Median home: $232,500.
Alaska Mortgage Calculator
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1.04% property tax, no income tax. Median home: $340,000.
Arizona Mortgage Calculator
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0.62% property tax, 2.5% top rate. Median home: $395,000.
Frequently Asked Questions
What is the average property tax rate in District of Columbia?
The average effective property tax rate in District of Columbia is 0.56%. On a $650,000 home (the state median), that works out to approximately $3,640/year or $303/month added to your mortgage payment. Property tax rates vary by county and school district within District of Columbia — always check your specific jurisdiction's rate. Homestead exemption: Homestead deduction of $85,960 from assessed value; senior/disabled additional exemptions
How much does homeowners insurance cost in District of Columbia?
The average annual homeowners insurance premium in District of Columbia is approximately $1,300 ($108/month). This is near the national average of approximately $1,500/year. Actual premiums depend on your home's location, age, construction type, and coverage limits.
What first-time homebuyer programs are available in District of Columbia?
DCHFA DC Open Doors with up to 5% down payment assistance. Home Purchase Assistance Program (HPAP) with interest-free loans up to $80,000 for low-income buyers. These programs typically have income limits, purchase price caps, and may require homebuyer education courses. Check the District of Columbia housing finance agency website for current eligibility requirements and application deadlines.
How does District of Columbia's 10.75% income tax affect home affordability?
District of Columbia's top income tax rate of 10.75% reduces your take-home pay, which affects how much mortgage you can comfortably carry. On a $150,000 salary, state income tax takes roughly $10,481-$13,706/year (effective rate is lower than the top marginal rate). The tradeoff: District of Columbia's relatively low 0.56% property tax rate keeps the housing-specific portion of your tax burden lower. Use our paycheck calculator to see your exact take-home pay.
What is the conforming loan limit in District of Columbia?
The 2026 conforming loan limit in District of Columbia is $1,209,750 (high-cost area limit — some counties may have the standard $806,500 limit). Loans above this amount are considered jumbo loans and typically carry higher interest rates (0.25-0.5% premium), require larger down payments (10-20%), and have stricter qualification requirements including higher credit scores (700+) and lower debt-to-income ratios.
This calculator is for educational purposes. Tax rates and insurance costs are based on District of Columbia state averages and may not reflect your specific county, school district, or municipality. Consult a financial professional for advice specific to your situation.