Oklahoma Homestead Property Tax Exemption

About This Program

Oklahoma homeowners who occupy their home as their primary residence may receive the Homestead Exemption, which reduces the assessed value of the property by $1,000. An Additional (Double) Homestead Exemption provides a second $1,000 reduction for income-qualifying households. Together these reduce annual property tax bills and must be applied for through the county assessor's office.

Tax savings depend on local millage rate; typical annual savings of $100–$200

Key Details

• Reduces assessed value by $1,000 (standard) or $2,000 (double)
• Must be primary residence as of January 1
• Double exemption requires qualifying household income
• File by March 15 with Oklahoma County Assessor
• One-time application for continuing eligible owners

How to Apply

Deadline: File by March 15 of the tax year; one-time application for continuing owners