Colorado vs District Of Columbia
District of Columbia
Property Tax Comparison: Colorado vs. District of Columbia
According to the U.S. Census Bureau's 2023 American Community Survey (5‑year estimates), the effective property tax rates, median home values, and related figures differ between Colorado and the District of Columbia. The data below summarizes the key metrics and highlights which jurisdiction has the lower property‑tax burden.
Side‑by‑Side Metrics
| Metric | Colorado | District of Columbia |
|---|---|---|
| Effective property tax rate | 0.49 % | 0.58 % |
| Median home value | $502,200 | $724,600 |
| Median annual property tax | $2,448 | $4,180 |
| Property tax on a $250,000 home | $1,219 | $1,442 |
| Property tax on a $500,000 home | $2,438 | $2,885 |
| Median household income | $92,470 | $106,287 |
| Internal link | Colorado property tax | District of Columbia property tax |
Which Jurisdiction Has the Lower Tax Burden?
Winner (lower effective rate): Colorado
- Rate difference: 0.09 percentage points, which is a 15.5 % lower rate relative to the District of Columbia (0.09 / 0.58 ≈ 15.5 %).
- Annual tax difference on a $250,000 home: $1,442 − $1,219 = $223.
- Annual tax difference on a $500,000 home: $2,885 − $2,438 = $447.
Based on the lower effective property‑tax rate, Colorado imposes a smaller annual tax liability for comparable home values than the District of Columbia.
Who Might Find This Comparison Most Relevant?
| Audience | Relevance of the Comparison |
|---|---|
| Current or prospective homeowners | Understanding the ongoing cost of ownership. Lower rates in Colorado translate to lower yearly tax payments for similar‑priced homes. |
| Homebuyers evaluating affordability | The combined effect of median home values and tax rates influences total housing costs; Colorado’s lower tax rate partially offsets its lower median home price. |
| Retirees and fixed‑income households | Property taxes are a recurring expense; a lower rate (Colorado) may be more manageable for limited incomes, though overall cost of living and other taxes also matter. |
| Real‑estate investors | Property‑tax burden impacts cash‑flow calculations; the 15.5 % rate advantage in Colorado can affect net returns. |
| Policy analysts | The data illustrate how jurisdictional tax policies vary, useful for comparative fiscal studies. |
The comparison is strictly factual and does not account for other tax categories (e.g., income or sales taxes), local exemptions, or differences in public services funded by property taxes.
Sources
- U.S. Census Bureau, 2023 American Community Survey (5‑year estimates).
- Calculations derived from the ACS figures for effective property‑tax rates and median home values.
Based on the most recent ACS estimates, Colorado’s effective property‑tax rate of 0.49 % is lower than the District of Columbia’s 0.58 %, resulting in smaller annual tax payments for comparable property values.
Explore More Comparisons
Discover how property taxes compare across all states in our comprehensive comparison guide.
Data Source
All figures are drawn from the U.S. Census Bureau's 2023 American Community Survey (5‑year estimates). This comprehensive dataset provides reliable, standardized property tax information across all states.