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District Of Columbia Financial Services

District of Columbia has a resident population of about 590,000; however, the population rises to over 1.0 million during the workweek. The gross state product of the District in 2007 was $93.8 billion. The major employer in this area is the federal government. Washington has growing industry unrelated to government, especially in the areas of education, finance and scientific research. The George Washington University, Georgetown University, Washington Hospital Center, Howard University, and Fannie Mae are the top five non-government-related employers in the city. Some of the major companies located here are Marriott International, Inc., Lockheed Martin Corporation, Internal Revenue Service, The American National Red Cross and Capital One Financial Corporation. Some of the major financial institutions located here are Wachovia Bank, Bank of America, Sun Trust Bank and Citibank. The average values of home, rent and annual income are $711,500, $1,285 and $46,788 respectively.

Cities in District Of Columbia

 

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