Property Tax Exemptions

Explore property tax relief available to eligible Payne County property owners. Download an application below, or apply online for Homestead Exemption.

Homestead Exemption

Reduces the assessed value of an eligible primary residence by $1,000. You generally must own and occupy the home on January 1 and meet Oklahoma residency requirements.

Additional Homestead Exemption (Double Homestead)

Provides another $1,000 reduction in assessed value for homeowners who qualify for Homestead Exemption and have gross household income of $30,000 or less. Annual application is generally required unless an eligible homeowner age 65 or older has previously qualified.

Senior Valuation Limitation (Senior Freeze)

Limits increases in the fair cash value of a qualifying homestead for a head of household age 65 or older on January 1 who meets the county's household income limit. It does not freeze the tax bill. Contact our office for the current income limit.

100% Disabled Veteran Exemption

Exempts the full fair cash value of a qualifying homestead for an eligible Oklahoma resident veteran with a qualifying 100% service-connected disability, or an eligible surviving spouse. Qualifying VA documentation is required.

Surviving Spouse of a Service Member

Exempts the full fair cash value of a qualifying homestead for an eligible Oklahoma resident who is the unremarried surviving spouse of a service member certified to have died in the line of duty.

Storm Shelter Exemption

Exempts up to 100 square feet of an eligible tornado shelter or safe room installed or added to real property after January 1, 2002.

Application Help

Return completed PDF applications and required supporting documents to the Payne County Assessor. Filing deadlines and eligibility requirements vary by program; see the form instructions or contact our office for assistance.

Call 405-747-8300 or email assessor@paynecountyassessor.org.

Payne County Assessor
315 W. 6th Ave., Suite 102
Stillwater, OK 74074