Submitted by HereComesHR t3_11uaizm in washingtondc
Gumburcules t1_jcrkafo wrote
Reply to comment by gopoohgo in Recent DC Trip by HereComesHR
>987K apartment on Capitol Hill: $5.6K property tax
>
> 1025K home in Dallas: $13k property tax
You would need around a $300k income to afford a million dollar property. That's about $22k in DC income tax on top of the property tax.
DC is about $14k ahead in taxes in this scenario.
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