Senior SavingsTaxes·May 9, 2026
Property Tax Breaks Every State Offers Seniors
From homestead exemptions to senior freezes, this is the money your county won't tell you about.
The big three types
- Homestead exemption — reduces taxable value of primary residence. Often boosted for seniors.
- Senior assessment freeze — locks your home's assessed value at the year you turn 65 (e.g., Illinois, Texas).
- Senior tax credit — direct credit against tax owed (e.g., Michigan, NY STAR program).
Top states for senior property tax breaks
- Texas: senior school tax freeze + $10k additional homestead.
- Florida: $50k homestead exemption with extra $50k for low-income seniors 65+.
- South Carolina: 100% exemption on first $50k of home value at 65+.
- Georgia: full school-tax exemption at 62 (income-tested in some counties).
- New York: STAR + Enhanced STAR programs.
How to claim
You must apply — they're not automatic. Contact your county assessor's office. Most have a one-page form. Some are due by March 1; others by other dates. Renew annually if required.
Bottom line
A typical senior homestead exemption + freeze can save $800–$3,500/year on property taxes — sometimes for decades. Worth the 30-minute paperwork.