District Of Columbia vs Oklahoma
District of Columbia
Property‑Tax Comparison: District of Columbia vs. Oklahoma
Scope – This article compares the property‑tax environment in the District of Columbia (DC) and the State of Oklahoma using the most recent 2023 American Community Survey (ACS) 5‑year estimates published by the U.S. Census Bureau.
According to the U.S. Census Bureau's 2023 American Community Survey (5‑year estimates), the two jurisdictions differ markedly in effective tax rates, home values, and median household incomes. The following sections present the data side‑by‑side, identify which jurisdiction has the lower property‑tax burden, and describe the type of taxpayers for whom the comparison is most relevant.
Side‑by‑Side Metrics
| Metric | District of Columbia | Oklahoma |
|---|---|---|
| Effective property‑tax rate | 0.58 % | 0.82 % |
| Median home value | $724,600 | $185,900 |
| Median annual property tax | $4,180 | $1,520 |
| Property tax on a $250,000 home | $1,442 | $2,044 |
| Property tax on a $500,000 home | $2,885 | $4,088 |
| Median household income | $106,287 | $63,603 |
| Internal link | District of Columbia property tax | Oklahoma property tax |
All figures are derived from the 2023 ACS 5‑year estimates.
Which Jurisdiction Has the Lower Tax Burden?
Winner (lower effective tax rate): District of Columbia
- Rate difference: 0.24 percentage points, which is a 29.44 % lower rate than Oklahoma’s (0.58 % vs. 0.82 %).
- Impact on a $250,000 home: DC owners pay $1,442 annually, while Oklahoma owners pay $2,044—a difference of $602 per year.
- Impact on a $500,000 home: DC owners pay $2,885 annually, versus $4,088 in Oklahoma—a difference of $1,203 per year.
The lower effective tax rate in DC results from a combination of higher assessed values and a comparatively modest levy rate. Oklahoma’s higher rate applies to lower median home values, producing a higher percentage tax burden despite lower absolute tax payments for many properties.
Who Is This Comparison Most Relevant For?
| Audience | Relevance |
|---|---|
| Current or prospective homeowners | The table shows how the same property value would be taxed differently in each jurisdiction, helping buyers estimate yearly costs. |
| Real‑estate investors | Understanding effective tax rates assists in evaluating after‑tax returns across markets. |
| Retirees and fixed‑income households | Although DC’s median household income is higher, the lower tax rate may be attractive if a retiree’s home value is modest. |
| Policy analysts and researchers | The side‑by‑side data provide a concise illustration of how tax structures vary between a federal district and a Midwestern state. |
| Relocators (e.g., employees transferred by employers) | The comparison offers a quick reference for budgeting property‑tax expenses in a new location. |
The analysis is purely quantitative; it does not account for other cost‑of‑living components, local services, or eligibility for tax exemptions that could affect an individual’s net tax liability.
Summary
Based on the most recent ACS estimates, the District of Columbia imposes a lower effective property‑tax rate (0.58 %) than Oklahoma (0.82 %). For identical home values, DC homeowners would pay roughly $600–$1,200 less per year than their Oklahoma counterparts. The comparison is most useful for homeowners, investors, retirees, and other decision‑makers who need to gauge the relative property‑tax burden when evaluating housing options in these two jurisdictions.
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.