20012 Property Tax Rate

Property owners in ZIP code 20012 (Washington, District of Columbia) pay a median of $4,333/year in property taxes on homes valued at $838,200. This translates to an effective tax rate of 0.52%, which is 13% below the District of Columbia state average of 0.59%.

The monthly property tax burden for a median-valued home in 20012 is approximately $361, which factors into escrow payments on mortgages. This ZIP code is located within District of Columbia.

Compared to similar ZIP codes in District of Columbia, 20012 has higher property taxes. ZIP codes with similar effective rates include 20011 (0.52%) and 20017 (0.50%).

In Washington, property taxes represent approximately 3.4% of the median household income of $128,234, providing context for the relative tax burden on homeowners in this area.

The District of Columbia assesses property at 100% of market value with no statewide reassessment cap; DC reassesses at sale, so your property tax obligation reflects your purchase price. Apply for the Homestead Deduction (up to $72,500 off assessed value for primary residences) with the DC Office of the Assessor within 120 days of closing; this is the primary tax relief available to owner-occupants. File your homestead application early at otr.dc.gov/service/homestead-deduction to ensure you receive the exemption on your first tax bill.