Homestead Exemptions by State
5 min
What Is a Homestead Exemption?
A homestead exemption reduces the taxable value of your primary residence, lowering your property tax bill. Exemptions vary widely by state.
States with Generous Exemptions
Texas offers up to $40,000 exemption for school taxes. Florida exempts the first $25,000 and up to $50,000 for low-income seniors.
How to Apply
Most states require filing a homestead exemption application with your county assessor's office. Deadlines vary but are often early in the year.
Tip
Tax laws vary by state and change frequently. Use our calculators for the most up-to-date rates and estimates for your specific situation.
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Find Your State's Exemptions →Related Guides
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