DC Office of Revenue Analysis

The image shows a summary statistics table for DC Millennials by two categories: Newcomers and Longtimers. The statistics are for 2022, ranging from Average Annual Income, number of tax filers, total reported income, tax filing status, average household size, number of homeowners, average home value, average total household income for homeowners, average estimated housing cost burden for renters, average estimate housing cost burden for homeowners, and those that are reported as living with parents in their parent's DC Homesteads.

ORA's latest report: Millennials make up the largest The latest study categorizes them into two cohorts, Newcomers and Longtimers, and analyzes their role and impact on the city’s economy. Read more here: ora-cfo.dc.gov/node/1818301

The image shows an area chart of in-migration and out-migration by age of residents over the period of 2019-2023. The chart demonstrates that a large portion of DC's in-migration happens most around 23, and that the most popular age of out-migration 25-27 from the District.

The image shows a Figure from the blow post about the Distribution of in-migration to DC between 2019 through 2023 by age-generation of resident. The data indicates that Gen Z is becoming a larger share of the in-migration on an annual basis to DC.

While most new arriving residents have consistently been around age 23 and exiting residents typically range from 25 to 27, Gen Z is steadily emerging as the dominant demographic among new residents. Read more in our latest: ora-cfo.dc.gov/blog/populat...

The image shows two graphs from the blog post. The first graph to the left reports annual in-migration of new tax filers to the District of Columbia by quarter from 2019 thru 2023. This graph shows the majority of in-migration occurs during quarter 3 of a year. Whereas the second graph to the right shows annual out-migration of former tax filers by quarter for the District between 2019 thru 2023. Both quarters 2 and 3 were nearly equal for individuals moving out of the District of Columbia within a given year. Quarter 2 of 2020 had a significant effect on the out-migration in 2020 that may have contributed to the significant increase in out-migration in quarter 3 of 2020.

ORA examined annual tax records for migration from 2019-2023. This post examines DC's sharp population decline between 2019-2021, finding it was driven not only by an increase in out-migration but also a decrease in the average number of in-migration. Read more: ora-cfo.dc.gov/blog/populat...

Alt Text: The image shows a graph for DC Jobs vs. DC Resident Employment from January 2020 through January 2026. Using January 2020 as the base, the line graph shows the difference over time where less than 100 would be a loss from January 2020 and greater than 100 shows a gain from January 2020. As of January 2026, total jobs in the District are 92 percent of January 2020 levels; whereas, DC Resident Employment is 101.8 percent of January 2020 levels.

Between September and November, the District lost 19,000 jobs, bringing total employment to 739,200. Despite these losses, District residents didn’t fare as badly as resident employment remains 1.8% above pre-pandemic levels. Read more about the latest job report: ora-cfo.dc.gov/blog/what-do...

The images show two graphs. The first graph reports the share of DC's population by generational cohort, and the second is a pie chart reporting the share of men to women of DC's population. Both graphs are for the year 2024. Findings include that millennials out number all other generations in DC and women outnumber men by 52.6% to 47.4%.

In ORA’s latest blog post, we find that the District’s population is the second youngest among U.S. states with a median age of 34.9. Moreover, women outnumber men with 11% more women than men. Read more here: ora-cfo.dc.gov/blog/populat...

The image in this post shows the difference of Homestead Owners in the District of Columbia between 2014 and 2024. In 2014, women accounted for 38.3% of homestead ownership, whereas men accounted for 61.7%. By 2024, women accounted for 47.6% vs men, who only accounted for 52.4% by this time.

Homeownership trends in DC are shifting amid housing affordability challenges and demographic changes. Notably, more women are becoming homeowners. In our latest blog post, ORA explores several factors that likely contributed to this change. Read here: ora-cfo.dc.gov/blog/women-d...

The image is a table reporting the change in Wages and Salaries and Personal Income in DC between Quarter 1 of 1993 to Quarter 2 of 1996, around the time of the last big federal downsizing. Over this period, DC wages and salaries declined by nearly $4 billion, or about 7 percent. Over this same period, DC Personal Income declined by approximately $1.2 billion or 3 percent.

How will the federal government’s downsizing impact wages and personal income in the District? We look to lessons from the 1990s, when federal downsizing between Q1 of 1993 and Q2 of 1996 decreased wages by $4 billion. ora-cfo.dc.gov/blog/lost-de...

Image of a line graph showing the change of wages and salaries, and personal income in DC from the first quarter of 1970 through the fourth quarter of 2024. The blue line is DC Personal Income and the yellow line is Wages and Salaries in DC throughout this period. The graph also highlights periods where recessions occurred throughout this time using grey bars. Data for this graph was sourced from the Bureau of Economic Analysis.

What happens to the District when the federal government shrinks significantly to wages and income? In Part 2 of our series looking at the last time the federal government downsized we examine these impacts in the District: ora-cfo.dc.gov/blog/lost-de...

Image reports the highlights from the DC Economic and Revenue Trends report published by the District of Columbia Office of Revenue Analysis for April 2025. The report highlights changes in employment, wages, office vacancy rate, single-family home sales, condo sales, and hotel-room-days. Users can read more by clicking the link in the post.

Good morning, DC! We can't think of a better way to spend the morning than catching up on the latest DC Economic and Revenue Trends Report! Read it here: ora-cfo.dc.gov/blog/dc-econ...

Yes - the context (economic and otherwise) DC was operating in in the 1990s is different from conditions now. We take a look at those differences in the post because they could create different outcomes during the current fed gov downsizing.

The image show a graph derived from employment data from the Bureau of Labor Statistics. The graph has two lines, one blue for the federal government employment and one orange for total non-farm employment. The two lines report the employment from 1990-2025, comparing the last time federal government employment had a significant decline in the 1990s.

How will the federal government’s downsizing impact the District? We look to lessons from the 1990s, when the federal workforce in DC was cut by 22%. ora-cfo.dc.gov/blog/lost-de...

What happens to the District when the federal government shrinks significantly? We looked at the last time it happened: the 1990s. ora-cfo.dc.gov/blog/lost-de...

The image shows the highlights from DC's Economic and Revenue Trends report for March 2025 on: jobs, wages, population, office vacancy, home sales, and hotel stays.

It's the end of the month, and that means a new DC Economic and Revenue Trends report! Catch up on all the changes here: ora-cfo.dc.gov/blog/dc-econ...

The image shows two maps for federal civilian continued unemployment claims and state unemployment claims for US states with a color that indicates states with more or fewer claims. This image is a scree capture from a nationwide dashboard built by ORA to track impacts from federal downsizing.

How are we monitoring the federal downsizing and its impact on DC? This week’s blog post dives into the data we are monitoring and the dashboards we built for DC and Nationwide to track these impacts. ora-cfo.dc.gov/blog/federal...

Image shows a dashboard that reports state data for state unemployment insurance claims, federal civilian unemployment insurance claims, federal unemployment insurance claims payments, and working adjustment and training notifications.

Our office is actively monitoring the federal government layoffs and impacts on the District. Read our new blog post about the data we are tracking and two new dashboards we have built:
ora-cfo.dc.gov/blog/how-we%...

While you wait for the cherry blossoms to bloom, catch up on our latest DC Economic and Revenue Trends Report for February 2025! Now available: ora-cfo.dc.gov/publication/...

It may rain today, but a good cup of tea and a new DC Economic and Revenue Trends Report is a good way to spend the afternoon. Read the latest for January 2025 here: ora-cfo.dc.gov/publication/...

It's cold outside, but this data is hot off the press! Take a break, and check out the latest monthly DC Economic and Revenue Trends. Read the full report here: ora-cfo.dc.gov/publication/...

We recently released our quarterly revenue estimate for DC: ora-cfo.dc.gov/blog/dc-reve...

• Estimate for FY 2025-2028 remains unchanged
• Actual preliminary revenue for FY 2024 is higher than expected
• US election introduces uncertainty in future years due to potential new federal policies

Happy holidays! Here are some highlights from our latest monthly DC Economic and Revenue Trends Review. Read the full review here: ora-cfo.dc.gov/publication/...

But an analysis we did on HPAP shows participants had an average income of ~$65k with avg home purchase price around $300k—suggesting housing at that price point is affordable to lower income people if they have access to robust assistance. ora-cfo.dc.gov/blog/distric... (2/2)

The dataset we used (Home Mortgage Disclosure Act data) doesn’t include data on children in the household, unfortunately (1/2)

We’ve released an interactive dashboard for our latest tax burden study for the DC metro area. Compare income, property, sales, and auto taxes for a hypothetical family of three in DC and surrounding jurisdictions. ora-cfo.dc.gov/page/tax-bur...

DC’s home sale market has experienced dramatic changes in the last several years as mortgage rates have fallen then risen. We explore the role of women in this market, who have lower average incomes than other buyers taking out mortgages. ora-cfo.dc.gov/blog/role-wo...

Happy Friday! Catch up with our most recent work:

- DC economic trends ora-cfo.dc.gov/publication/...
- Catalog of tax expenditures(aka tax breaks) ora-cfo.dc.gov/sites/defaul...
- Federal contracting + DC economy ora-cfo.dc.gov/blog/importa...
- DC taxes, visualized ora-cfo.dc.gov/sites/defaul...

We’re a group of economists and policy wonks who track DC’s economic and demographic trends and legislation to ensure the financial health of the District. 📈📊📉

- Follow our work via email: ora-cfo.dc.gov/page/subscri...
- See a feed of our work: ora-cfo.dc.gov/blog
- Contact: ora@dc.gov