Understanding Homestead Exemption

Every person who owns and resides in real property on January 1 and makes it their permanent residence is eligible to receive a homestead exemption up to $50,000. The first $25,000 applies to all property taxes, including school district taxes. The additional exemption up to $25,000, applies to the assessed value between $50,000 and $75,000 and only to non-school taxes. Initial application for property tax exemption must be made between January 1 and March 1 of the year for which exemption is sought. To file for Homestead Exemption click here.