Senior Property Tax Exemption (Homestead Exemption)

El Paso County Assessor

Available Property Tax Relief

About This Program

Senior Property Tax Exemption (Homestead Exemption) is available to homeowners in Colorado Springs, CO.

Colorado seniors age 65+ who have owned and occupied their home for 10 consecutive years qualify for 50% property tax reduction on first $200,000 of actual value. Reduces annual property tax burden for qualifying senior homeowners.

Estimated annual tax savings based on 50% exemption on first $200,000 of home value

Official source site checked live on 2026-06-22.

Data last verified 2026-05-25. How we verify our data.

In Colorado Springs, CO, you can combine this program with other local help to cut your cost:

Key Details

  • 50% property tax reduction for seniors 65+
  • Must own and occupy home 10 consecutive years
  • Applies to first $200,000 of actual value
  • No income requirement
  • Apply by July 15 each year

How to Apply

A grant-savvy contractor in Colorado Springs, CO 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.
  • 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: Annual application by July 15

Questions about this program?

Ask us. It is free, and a real person answers within a business day.

Email us about this program

Frequently asked questions

How much can Senior Property Tax Exemption (Homestead Exemption) provide in Colorado Springs, CO?

50% reduction on first $200,000.

Who qualifies for Senior Property Tax Exemption (Homestead Exemption) in Colorado Springs?

Senior Property Tax Exemption (Homestead Exemption) is open to homeowners in Colorado Springs, CO. It has no income limit. It serves seniors.

How do I apply for Senior Property Tax Exemption (Homestead Exemption) in Colorado Springs, CO?

Apply directly with El Paso County Assessor using the official program link on this page or call (719) 520-6600. There is no middleman and no fee. Deadline: Annual application by July 15.

Need a Contractor for This Grant?

Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.

Find More Programs in Colorado Springs, CO

This is just one of many grants, rebates, and free programs available. Stack them together to maximize your savings.

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