Senior Property Tax Benefits by State

$200,000 school district exemption + permanent tax freeze

Prop 11 (2025): Over-65 exemption raised to $60,000 additional — total $200,000 school exemption

Assessment freeze stops rising tax bills

Senior Homestead Exemption up to $8,000 + Senior Assessment Freeze for incomes under $65,000

2% annual cap on assessment increases

Proposition 13 caps annual assessment increases at 2%; Prop 19 allows seniors to transfer low assessments

Homestead + Save Our Homes cap combination

Homestead exemption up to $50,000 + Save Our Homes 3% annual cap on assessments

Enhanced STAR school tax credit

Enhanced STAR program for seniors 65+ with income under $107,300 reduces school tax bills