Homeowner Exemptions

Home Homeowner Exemptions

Residents who own their home as of Jan. 1 of the year in which they are applying, and use that home as their principal place of residence, are entitled to a reduction in their equalized assessed valuation of $10,000. This exemption will reduce the total tax bill by approximately $850 to $1,200 each year. This reduction also is available for those who lease their homes and are responsible for the payment of property taxes.