Washington DC levies a real property tax on the assessed value of land and buildings within the District. Residential property falls in Class 1, taxed at $0.85 per $100 of assessed value — an effective rate of 0.85%. This free estimator applies the Class 1 rate, the Homestead Deduction for principal residences, and the District’s 10% annual assessment cap so you can project your annual and monthly bill.
How it works
DC computes your tax in three steps:
- Homestead Deduction — if the property is your principal residence, subtract
$84,000from the assessed value. The result is your taxable assessment. - Apply the rate — multiply the taxable assessment by the per-$100 rate for your class (Class 1 residential is
$0.85per$100, i.e. 0.0085). - Assessment cap — for Homestead properties the taxable assessment used for billing cannot exceed last year’s taxable assessment grown by 10%. The tool lets you enter the capped value when relevant.
The formula is annual tax = (assessed - homestead) / 100 * rate_per_100.
Example
A home assessed at $700,000 with the Homestead Deduction: taxable value is $700,000 - $84,000 = $616,000. At $0.85 per $100 that is 6,160 * 0.85 = $5,236 per year, or about $436 per month.
Notes
This estimate excludes Business Improvement District (BID) levies, special assessments, and the senior/disabled 50% reduction. Commercial (Class 2) and vacant (Class 3) or blighted (Class 4) property carry much higher rates. Always confirm against your official Office of Tax and Revenue statement. All math runs locally in your browser.