On this page, read about residential and agricultural homesteads and how to apply both online and on paper.

The residential homestead classification provides a property tax exclusion for property that is owned and occupied by the owner or a qualified relative. The amount of the exclusion is shown on your property tax statement and is deducted from your property estimated market value.

Learn about the change from the homestead market value credit to the homestead market value exclusion.

About the Homestead Exclusion

The amount of the homestead exclusion varies depending on the market value of the property. The maximum amount of the exclusion is $30,400 for residential properties with a market value of $76,000. As the property’s market value increases above $76,000, the amount of the exclusion decreases.

Use the property tax calculator to estimate your homestead exclusion. 

Residential Homestead exclusion