DC PROPERTY TAX RATES

Washington DC Property Tax Rates

Real property is taxed based on its classification. Classification is the grouping of properties based on similar use. Properties in different classes are taxed at different rates. A tax rate is the amount of tax on each $100 of the assessed value of the property. The rates are established by the Council of the District of Columbia and may change annually.
How the Real Property Tax Is Computed
The amount of DC property tax due is determined by dividing the assessed value of the property by $100, then multiplying that amount by the rate for the class associated with the property. For example, assume your property is classified as Class 1, which means your tax rate is $0.85, and your house is assessed at $100,000. To determine the tax, divide $100,000 by 100. That amount is $1,000. Then multiply $0.85 by $1,000. Your annual tax is $850 (before the homestead deduction, senior citizen deduction, and/or trash credits). If your property is classified as Class 2, and your property is assessed at a total value of $3 million or less, then your tax rate is $1.65. If your property is, again, assessed at $100,000, divide $100,000 by 100. That amount is $1,000. Then multiply $1.65 by $1,000. Your annual tax is $1,650. If your Class 2 property is assessed at $3.5 million, however, your tax is computed by a split rate of $1.65 for $3 million of the property assessment and $1.85 for the balance ($500,000): Divide $3 million by 100. That amount is $30,000. Multiply $1.65 by $30,000. That result is $49,500, which is the tax on $3 million of the total assessment. The balance of the your total assessment, $500,000, is divided by 100. That amount is $5,000. Multiply $1.85 by $5,000. That result is $9,250. Your total annual tax is the sum of the tax on $3 million ($49,500) and the tax on the balance of $500,000 ($9,250), which totals $58,750.
District of Columbia Current Classes and Rates

DC property tax rates can change. Be sure to check DC.gov for the most up to date information. The following are the rates for 2017. For more information about the Class 3 and Class 4 tax rates, visit Vacant Real Property.

2017 DC Property Tax Rates

Class Tax Rate per $100 Description
1 $0.85 Residential real property, including multifamily
2 $1.65 Commercial and industrial real property, including hotels and motels, for the first $3 million of assessed value
$1.85 Commercial and industrial real property, including hotels and motels, for assessed value more than $3 million
3 $5.00 Vacant real property
4 $10.00 Blighted real property

 

TOOLS FOR BUYERS & SELLERS

Tools, articles, data and more!

BUYING NEW CONSTRUCTION

Learn about buying new homes

DISCOVER DC NEIGHBORHOODS

Where do you want to live?

BUY SMART.   SELL SMART.   HIRE SMART AGENTS.

CONNECT

Serving the neighborhoods of Northwest DC, Northeast DC, Southeast DC and Southwest DC including Dupont Circle, Logan Circle, Crestwood, Capitol Hill, H Street, Kalorama, Mount Pleasant, Columbia Heights, Georgetown, West End, Burleith, Foggy Bottom, Shaw, LeDroit Park, Bloomingdale, U Street, Penn Quarter, Mt. Vernon Triangle, Palisades, Chevy Chase, Friendship Heights, Barnaby Woods, American University Park, Observatory Circle, Forest Hills, Woodley Park, FoxHall, 14th Street Corridor, U Street Corridor, Meridian Hill, Hill East, Barracks Row, Eastern Market and portions of Northern Virginia including Arlington, Alexandria, McLean, Great Falls, Fairfax, Vienna and Falls Church.
Get in Touch