Property Tax Deferral

An owner of a home that receives a homestead exemption may apply for deferral of taxes on that home if the owner has income of less than $40,000 and liquid assets of less than $50,000 (less than $75,000 if more than one owner and both are applying) and the owner is either 65 and older or is unable to be employed by reason of a disability.

State Property Tax Deferral Program FAQ