Oklahoma Senior Citizen Valorem Tax Exemption

Payne County Assessor

Available Property Tax Relief

About This Program

Additional property tax exemption for Oklahoma homeowners age 65 or older with household income below $20,000 (2024 limit). Provides an additional $1,000 reduction in assessed value beyond the standard homestead exemption.

Additional tax savings on top of standard homestead exemption

Official source site checked live on 2026-06-17.

Data last verified 2026-06-09. How we verify our data.

Key Details

  • Additional $1,000 assessed value reduction
  • For seniors age 65+ with income under $20,000
  • Stacks with standard homestead exemption
  • Apply by March 15 each year
  • Must reapply annually with income documentation

How to Apply

A grant-savvy contractor in Stillwater, OK can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.

Your application paperwork

Documents you will likely need

  • Your federal tax return for the year of the work (this benefit is claimed on your taxes, not through a separate application).
  • Proof you own and live in the home (deed, recent mortgage statement, or property tax bill).
  • A government-issued photo ID for every owner on title.
  • Household income proof (recent pay stubs, last year's tax return, or benefit award letters for everyone in the home).
  • Proof of age (driver's license or birth certificate) if the program is age-based.
  • The program's own application form, completed (use the official link or phone number on this page).

Requirements vary by program and locality. Confirm the exact rules on the official program page. We can help you prepare your paperwork, but you submit it yourself.

Deadline: Apply by March 15 annually

Questions about this program?

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Email us about this program

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