Elderly Homestead Exemption





Variations in Receipt of Benefit

No Variation in Receipt of Benefits

Benefit Type

Assessment Freeze


Assessed value remains fixed at the value of property the first year that the owner qualifies for and receives the homestead exemption. The maximum exemption in 2021 is $40,500.

How is Benefit Disbursed

Exemption from assessed value

Eligible Property Type


Characteristics of Eligible Property

Only residential property is eligible for this program. However, mobile homes, when classified as real property, are also eligible for the exemption.

Eligibility Criteria




Principal Residence

Description of Eligibility Criteria

Applicants must be 65 years or older, or totally disabled, qualified under a program authorized or administered by the United States government or by any retirement system. Eligible property must be maintained as a personal residence.

Local Option in Adoption of Program

Local government is unable to exercise an option

Local Option Regarding Program Features

No local option regarding program features

State Funding for Local Tax Loss

State reimburses all of the local government tax loss

Description of State Funding for Tax Loss

The state reimburses the county.

Record ID



With the exception of a service-connected totally disabled veteran of the United States Armed Forces, every person filing for the homestead exemption who is totally disabled and is less than 65 years of age must apply for the homestead exemption on an annual basis. The maximum exemption is adjusted every 2 years in the odd-numbered year by the cost of living index of the United States Department of Labor if it changes by at least 1%.


Ky. Rev. Stat. Ann. § 132.751;
Ky. Rev. Stat. Ann. § 132.810 (in effect for 2021)
Source Constitution: 
Ky. Const. §170
Kentucky Department of Revenue, DOR Sets 2021-2022 Homestead Exemption Press Release
Homestead Exemption Allowance for 2021 and 2022
[https://revenue.ky.gov/Property/Residential-Farm-Commercial-Property/PublishingImages/Pages/Homestead-Exemption/Homestead%20Exemption%20for%202021-2022.pdf accessed 01/20/2022]
View Archived Source

Kentucky Department of Revenue, Application for Exemption Under the Homestead Amendment, 62A350 (2016)
[https://revenue.ky.gov/Forms/62A350.pdf accessed 01/20/2022]
View Archived Source

Department of Revenue - Jefferson County PVA Office, Application for Exemption Under the Homestead Amendment, (2017)
[https://jeffersonpva.ky.gov/wp-content/uploads/2018/04/HDExemptionApplication-Writable022017.pdf Accessed 01/20/2022]
View Archived Source

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