Interested in purchasing investment houses in the 20018 zip code in Washington, DC?
The zip code 20018 is in District of Columbia county with a latitude of -76.972720000000 and longitude of 38.926120000000, is in the state of District of Columbia. The average asking price of houses and condos is $308,549.00 and the average sale price was $265,331.00. this regions is classified as the Washington D and is in the 202 area code. The location in degrees is 38° 55' 34.032" N, 76° 58' 21.792" W. The county F.I.P.S. is 11001. The total land area is 3.0 square miles and the water area is 0.0 square miles. The elevation in this area is 72 - 72 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 20018 is in county number 001 and is L. Sector 00, L. Segment 01, H. Sector 46, and H. Segment 46. The population was 20,866 in 2019 and 16,894 in 2010. This further breaks down to 9,459 males (45.3%) and 11,406 females (54.7%). The median age of residents is 41.6 years. The population of the greater Washington-Arlington-Alexandria, DC-VA-MD-WV area is 5,500,613. The population density (people per square mile) is 6,918. This zip code has a combined total of 8,836 houses and condos. There are 3,341 rented appartments. 41% of residents rent versus the 41% of residents in the state who rent.
The financial status of those living in this area is considered lower middle class. The average individual gross adjusted income is $52,190 and the average salary is $51,094. The median household income of individuals is $46,585.00 and the average is $69,840.00. This zip code has a mean commute time to work of 33.2 minutes. The unemployment rate is 7.1%. Income earners by percent breakdown as 52.70% (Under $50,000), 29.80% ($50,000-$100,000), and 17.60% earn over $100,000. 14.0% of residents live below poverty line versus the 13.5% in the state that are below this line. The cost of living index is 121.9. The educational breakdown is 89.2% have a high school education or higher, 47.0% have a bachelor's degree or higher, and 23.0% have some kind of profesional degree.
This area has 7,005 households and the average size is 2.5 people. Individuals who are single and have never been married are 47.5%, 30.2% are now married, 2.7% are separated, 7.8% are widowed, and 11.8% are divorced. The average yearly contribution amount given by people to charity was $4,853 versus the state average of $6,251. The percent of residents who gave to charity was 39.8%.
The estimated median value of houses and condos is $569,128. The median monthly owner costs of mortgage holders was $2,354, where as the costs for those who don't have a mortgage are $598. The median number of rooms in houses and condos are 6.7 versus apartments which had a median number of 3.4.
The real estate tax percent rate is 0.4% which equated to an average real estate tax amount payment of $2,415. In comparision, the average real estate tax percent rate in the state is 0.6% which equated to an average real estate tax amount payment in the state of $3,647. The median housing property tax percent for residents with mortgages was 0.5% which amounted to an average tax amount of $2,695. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.3% which amounted to an average tax amount of $1,569. Reported taxable interest for persons was $520, dividends $1,713, capital gains +$3,673, and itemized deductions $23,016. The average earned income tax credit is $2,293. The percent of individuals that use a tax preparer is 49.7%. The total average income taxes paid by individuals was $6,782. Businesses reported an average profit of $6,446.
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