District Of Columbia Real Estate and Livability Trends

The District of Columbia's real estate market has shown noteworthy trends, with the median value of occupied housing units jumping from $475,800 in 2015 to $705,000 in 2022, outpacing the national increase. This surge likely hints at strong demand and limited inventory, making it appealing for investors. Additionally, the declining poverty rate from 17.4% in 2013 to 11.8% in 2022 could signal... Read more

Economic Outlook

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The percentage of people living under the poverty line in the District of Columbia has generally decreased over the past decade, dropping from 17.4% in 2013 to 11.8% in 2022. An interesting point is the significant dip to 12.0% in 2019, bringing it near the national average of 11.6%. Though there was a brief rise in 2020, likely due to COVID-19, the overall trend suggests improving economic conditions. This may hint at increasing stability, potentially making the District of Columbia a... Read more

Cost of Living in District Of Columbia

Family Size Housing Food Heath Care Child Care Taxes
2 adults
4 children
$2,162 $1,906 $2,200 $3,362 $2,818
1 adult
4 children
$2,162 $1,557 $1,711 $3,362 $2,912
2 adults
3 children
$2,162 $1,557 $1,895 $3,362 $2,496
1 adult
3 children
$2,162 $1,271 $1,405 $3,362 $2,680
2 adults
2 children
$1,729 $1,275 $1,590 $2,905 $1,929
1 adult
2 children
$1,729 $952 $1,100 $2,905 $2,095
2 adults
1 child
$1,729 $1,007 $1,284 $1,420 $1,305
1 adult
1 child
$1,729 $651 $795 $1,420 $1,330
2 adults
$1,519 $809 $979 $0 $893
1 adult
$1,495 $441 $490 $0 $807

Demographics

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The population of the District of Columbia exhibits interesting demographic trends. While there is a slight majority of females compared to males, with 267,325 females and 236,359 males, the city's educational attainment shows a notable skew towards higher education, as a significant portion has a bachelor's degree or higher. Age-wise, the largest group falls in the 25 to 34-year range, hinting at a young, possibly career-driven populace. Racially, the area has a diverse makeup, with a nearly... Read more

Race Distribution in District of Columbia, District of Columbia (2022)

Educational Attainment in District of Columbia, District of Columbia (2022)

Age Distribution in District of Columbia, District of Columbia

Citizen Population in District of Columbia, District of Columbia (2022)

Political Trends & Data

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The real estate market in District of Columbia may subtly reflect its overwhelmingly Democratic voting trends, possibly hinting at a local demographic with progressive leanings or policy preferences. This political climate could influence market dynamics, with buyers and sellers potentially prioritizing factors like community development, sustainable building practices, or access to public amenities aligned with progressive values. Significant lower shares of Republican and third-party votes... Read more

Percentage of Votes in the 2020 U.S. Presidential Election by Party

District Of Columbia trends heavily Democratic, with an overwhelming majority of votes showing as being cast for the Democratic candidate, potentially indicating a strong liberal presence in the area. The Republican and other smaller party shares are significantly lower, which might reflect a political landscape that is less favorable to conservative and third-party platforms. This concentration could suggest a local demographic with progressive leanings or policy preferences.

5.40% of voters voted for the Republican party in the 2020 Presidential Election

92.15% of voters voted for the Democrat party in the 2020 Presidential Election

0.59% of voters voted for the Livertarian party in the 2020 Presidential Election

0.50% of voters voted for the Green party in the 2020 Presidential Election

1.36% of voters voted for the Other party in the 2020 Presidential Election