On June13, 2024, A D.C. Policy Center article was cited by Urban Turf:
The DC Policy Center recently put out a chart looking at the neighborhoods that have the highest volume of homes affected by the new tax.
“Georgetown is home to the most properties assessed above $2.5 million, at 515 properties, or 20 percent of its total properties,” the post stated “Of all neighborhoods in the District, Massachusetts Avenue Heights has the highest percentage of properties assessed above $2.5 million, with 50.7 percent of all properties in the neighborhood falling into that category. Over 50 percent of the estimated increase in tax revenue will come from three neighborhoods: Georgetown, Kalorama, and Massachusetts Avenue Heights.”
Read More: DC Passes Mansion Tax With 2025 Budget
Additional reading: Chart of the week: Proposed “mansion tax” would generate tax revenue from small group of D.C. property owners