Senior Property Valuation Freeze

Homestead property valuation shall be frozen by the County Assessor if the following conditions exist:

  • The property owner must be age 65 or over as of January 1st to qualify.
  • Gross household income from the preceding year does not exceed the 2023 maximum income qualification of $85,300. This includes income from all sources (including all persons occupying the home), except gifts. The maximum income qualification amount is determined by the U.S. Department of Housing and Urban Development for Canadian County.
  • The property must be a valid homestead property with proper evidence of a homestead or an application. The freeze applies only to the homestead property used as your primary residence and may not be applied to a non-homestead property.
  • Apply in person in the Assessor's office between January 1st and March 15th. Applications will be accepted through March 15th (or within 30-days if you receive an Increase in Valuation Notice). You must provide a copy of your most recent federal income tax return and proof of any other household income (if applicable).

The Senior Freeze freezes the valuation of your property; it does not freeze your taxes. Even if your property valuation stays the same, your property taxes may go up or down depending on the tax rate or millage levies (PDF) for that year.

To learn more about how property taxes are calculated, visit the How Property Tax Is Figured page.

For more details about the state publication on the Senior Freeze, view the Senior Property Valuation Freeze (PDF).