Hidden Costs of Homeownership in the DC Metro

The avg US homeowner now pays ~$16K/yr in hidden homeownership costs, including maintenance, insurance, and property taxes.
These hidden costs are rising faster than household incomes, 4.7% vs. 3.8% over the past year.
Homeowners in the DC metro face hidden costs of ~$17.7K/yr, above the national avg.
Property taxes are ~$5.3K annually, and maintenance adds ~$10.7K/yr.
Insurance costs (~$1.7K) remain below the national avg, but total expenses are still substantial.