DC Has One of the Lowest Tax Burdens in the Country

The Office of Revenue Analysis annually compares DC’s tax burdens to those of the largest city in each state. Looking at the combined burden of all four taxes by income level, DC tax burdens were lower than the average of the other 51 jurisdictions for families earning $50,000, $75,000, $100,000 or $150,000 a year. For the lowest income family earning $25,000, the District’s overall burden was higher than the average across the 51 cities.  At the lowest income level, DC’s lower than average income tax burden (with the family receiving an Earned Income Tax Credit refund) is offset by the high cost of rent, and the resulting high burden of the property tax implicitly included in rental prices.

The map below presents the combined tax burdens (as a % of income) of all four tax types added together for a family earning $25,000 a year.

AU Park Open House - Sat/Sun 1-3pm

Charming Side-Hall Colonial in American University Park

Price: $939,900
Bedrooms: 3
Bathrooms: 2.5
Home Size: 1,541 sq. ft.
Lot Size: 2,632 sq.ft.
MLS Number: DC958489
See Full Listing: 4216 46th Street, NW Washington, DC 20016

Basking in sunlight on a corner lot that's only a block to Turtle Park, two blocks to shopping and restaurants, and eight blocks to Metro, you'll find a charming Side-Hall Colonial with mature plantings and superior street presence.

This home boasts an updated granite and stainless steel kitchen that opens to your family room. A spacious living room with a wood-burning fireplace, dining room  with crown molding, master suite with full bath, PLUS two extra bedrooms & bath upstairs. Your lower level is a recreational room, with a separate powder room, storage & an attached one-car garage. Stop by our Open House on Saturday (3/5) & Sunday (3/6) from 1:00 to 3:00 p.m.

DC Commuters Prefer Cycling to Work

More than 20% of commuters in Mount Pleasant, Bloomingdale, and Petworth get to work each day primarily using a bicycle. That doesn't even include people who use bikes to reach Metro. See the map below for a glimpse of how each neighborhood stacked up.

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What you get for about $350k in DC

As the Spring season approaches, and buyers and sellers begin to enter the market, let's see how far $350,000 goes using the DC Open Doors Program.

Roomy Glover Park Condo

This one-bedroom, one-bathroom 765 sq ft Glover Park condo sold for $340,000 in just 16 days earlier this month. Condos fees are $380/month and the home was nicely renovated in 2012. It's a pet friendly building too :)

Trinidad Two + Two

This 800 sq. ft. two bedroom, two bathroom condo in the popular NE neighborhood of Trinidad sold in just two days at list price for $344,000. Located a few blocks from the nearest H Street trolley stop (scheduled to begin operating on Feb 26, 2016), Trinidad will instantly become accessible to Union Station (Red Line Metro).

Ivy City Rowhouse w/ Porch + Parking

I assisted this first-time homebuyer purchase this charming three bedroom, one bathroom Ivy City rowhouse for $360,000. Located just a few blocks from the Nike Store, MOM's Organic, and Union Market, Ivy City is a neighborhood inspired by the arts.