Washington, D. C., formerly known as the District of Columbia, is the fifty-sixth largest state by area, with a population of 702,455 (U.S. Census Bureau, July 1, 2019). Named after George Washington, Washington, D. C. has a deep-rooted history in American culture, from the Revolutionary War to the Civil War to the American Civil Rights Movement. Washington, D. C. is not just the capital of the United States but is also the central hub where all three branches (the legislative, the executive, and the judiciary) of the U. S. government operates.
Washington, D. C.'s economy has a GDP of $142 billion (Bureau of Economic Analysis, July 1, 2018). The main economic drivers are the federal government, education, and tourism industries.Many of the leading Fortune 500 companies have their headquarters in Washington, D. C, including Danaher and Fannie Mae, to name a few.
The most recognized neighborhoods in Washington, D. C., are Georgetown, Dupont Circle, and Capitol Hill.
Georgetown has a population of 17,001. Georgetown is home to Dumbarton House, Dumbarton Oaks Park and Montrose Park. When compared to the rest of the nation, Georgetown's housing prices are substantially higher, with the median home price of $813,772 and a median rent of $1,680.
Dupont Circle has a population of 23,240. Dupont Circle is home to Heurich House Museum, House of the Temple, and Cathedral of St. Matthew the Apostle. When compared to the rest of the country, Dupont Circle's housing prices are significantly higher, with the median home price of $607,328 and a median rent of $2,052.
Capitol Hill has a population of 10,370. Capitol Hill is home to the Library of Congress, U. S. Capitol Grounds, and Stanton Park. When compared to the rest of the nation, Capitol Hill's housing prices are considerably higher, with the median home price of $821,458 and a median rent of $1,726.
|Single Family Homes for sale in District Of Columbia|
|Average List Price||$2,019,719|
|Average Price Per Square Feet||$488|
|Condos for sale in District Of Columbia|
|Average List Price||$705,327|
|Average Price Per Square Feet||$630|
|Townhomes for sale in District Of Columbia|
|Average List Price||$1,133,489|
|Average Price Per Square Feet||$549|