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Effective November 1, 1997, the homestead of any person in this state, not within any city or town, annexed by a city or town on or after November 1, 1997, owned and occupied and used for both residential and commercial agricultural purposes shall consist of not more than one hundred sixty acres of land, which may be
To receive homestead exemption, a taxpayer shall be required to file an application for homestead exemption with the county assessor in which their property is located.
Anyone who is 65 or older or totally disabled, who is head of household, and a resident of the state of Oklahoma during the previous year and whose gross household income does not exceed 12,000 is qualified for this program.
Homestead Exemption is an exemption of $1,000 of the assessed valuation. This can be a savings of $75 to $125 depending on which area of the county you are located.
Overview of Oklahoma Homestead Protection Law Under Oklahomas homestead law, property owners may exempt up to 1 acre of property in an urban area or 160 acres if it is rural (to help protect farms). It may be in more than one parcel.
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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 2022 maximum income qualification of $73,200.
Homestead Exemption is an exemption of $1,000 of the assessed valuation. This can be a savings of $87 to$134 depending on which area of the county you are located.
Homestead Exemption is granted to the homeowner who resides in the property on a permanent basis on January 1. The deed or other evidence of ownership must be executed on or before January 1 and filed in the County Clerks office on or before February 1.
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 2022 maximum income qualification of $73,200.
1. New Homestead Exemptions are filed by March 15th to be applied for the current tax year. 2. Additional Homestead Exemptions must be renewed every year between January 1 and March 15.

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