Senior Property Tax Exemption (Senior Homestead Exemption)
Who qualifies
- Age
- 65 or older
- Ownership
- Applicant or their spouse must be the owner of record and have owned the property for at least 10 consecutive years prior to January 1 of the application year.
- Residency
- Applicant must occupy the property as their primary residence and have done so for at least 10 consecutive years prior to January 1 of the application year. A surviving spouse of a qualifying senior who has not remarried may also qualify.
How much it saves
Worked example — a $300,000 home at Colorado's median effective rate (~0.39%):
Your county's rate differs — use the calculator for a figure tuned to where you live.
How to apply
- Application required: Yes
- Deadline: Application period is January 1 through July 15 (timely deadline). Late applications are accepted through August 15 but forfeit appeal rights if denied. Filed with the county assessor.
- Renewal: automatic — Once approved, qualifying seniors are not required to reapply from the same property; a new application is required only if they move or if their ownership/occupancy status changes.
Combining with other exemptions
An applicant who qualifies for more than one of Colorado's senior/veteran exemptions may claim only one exemption on a single property.
Amount cross-checked against a second official artifact: dpt.colorado.gov/property-tax-exemption-for-senior-citizens-and-veterans-with-a-disability.
Informational only — not legal or tax advice. Exemption rules and amounts are summarized from official statutes and state tax-agency sources as of each program's verified date and can change by legislative session. Dollar figures are estimates derived from Census ACS county tax data, not actual bills. Confirm your eligibility and current amounts with your county assessor before relying on anything here.