United Paramount Tax Group
District of Columbia (DC) Property Tax Info
| Property Tax Rank in US (best =1) | 49 |
| Corporate Tax Rank in US (best =1) | 15 |
| Sales Tax Rank in US (best =1) | 36 |
| Effective Real-Estate Tax Rate | 0.60% |
| Is Personal Property Taxable | Yes |
| District of Columbia State Website | http://dc.gov/ |
| Capital | Washington, D.C. |
| Largest City | Washington, D.C. |
| Largest Metro Area | 6,249,950 |
Important Dates
For Real Property
- District of Columbia Property Tax Filing Deadline July 31
- District of Columbia Property Tax Appeal Deadline On or before April 15
For Business Personal Property
- BPP Filing (Rendition) Deadline 1-Apr
- BPP Appeal Deadline 3 year Statute of Limitations for amending returns
District of Columbia DC Property Tax
District of Columbia DC Property Tax, homeowners have some of the lowest in the country. The tax rate on residential property in D.C. is just $0.85 per $100 in assessed value. However, that rate may overstate the amount paid by many homeowners.
Homeowners in the nation’s capital pay some of the lowest property tax rates in the country. In Washington, D.C., the average effective property tax rate is 0.56%. However, the median real estate property tax payment is $3,647, which is higher than the national average.
The assessed value of a property is the amount to which taxes are applied. In Washington, D.C. residential property is assessed at its full market value. That means the assessed value of a home should equal the amount it would sell for on the open market.
Washington, D.C.’s Office of Tax and Revenue (OTR) is responsible for property assessments, which it completes on an annual basis. These usually do not involve a physical inspection of the property or a full appraisal. Instead, the OTR uses mass appraisal techniques that rely on market data and other factors to reassess many properties at the same time.