Senior Citizen Homestead Exemption

Qualifications & Process
Colorado offers a senior citizen homestead exemption. For a qualified senior, 50% of the first $200,000 in actual value of their primary residence is exempt from property taxation.

A qualified senior is a person who meets each of the following requirements:
  • A surviving spouse of a senior who qualified for the exemption may also apply.
  • Senior must be at least 65 years old on January 1 of the year the application is filed.
  • Senior must have owned their home for at least 10 years.
  • Senior must lived in their home for at least 10 years.
The state pays the exempted portion of the property tax. Individuals who qualified for the exemption on January 1st may file an application with the county assessor. The application deadline is July 15.