Do you want content like this delivered to your inbox?
Share

Why You Should Know About Missouri’s New Property Tax Freeze for Seniors


If you're a homeowner aged 62 or older in Missouri, there's a brand new benefit that could significantly ease your financial burden—the property tax freeze. This new initiative allows seniors to stabilize their property taxes, offering long-term savings and peace of mind.



Email Today Getting Organized for Downsizing
Share

Why You Should Know About Missouri’s New Property Tax Freeze for Seniors

Beth Cree

Beth’s focus with her clients is to serve with integrity and professionalism...

Beth’s focus with her clients is to serve with integrity and professionalism...

Sep 23 4 minutes read

What Is the Property Tax Freeze?

A property tax freeze locks in your current property tax rate, ensuring that your taxes don’t increase as long as you own your home. This is especially beneficial for retirees living on a fixed income, protecting you from rising property taxes that could strain your budget over time.


Why It Matters for Seniors

Property taxes can become a major financial burden, especially for seniors. With rising property values often come higher taxes, and for those in retirement, this can make it harder to stay in the home you've built your life around. The property tax freeze provides an opportunity to control these costs, keeping your financial situation stable and allowing you to stay in your home longer.


Eligibility Requirements

In Missouri, to qualify for the property tax freeze, you must meet the following criteria:

  • Be 62 years or older
  • Own your home as your primary residence
  • Meet specific income guidelines, which can vary by county

Each county, including Platte, Clay, and Jackson, has its own rules and application processes, so it’s important to understand the details for your specific location.


Eligibility Requirements

In Missouri, to qualify for the property tax freeze, you must meet the following criteria:

  • Be 62 years or older
  • Own your home as your primary residence
  • Meet specific income guidelines, which can vary by county

Each county, including Platte, Clay, and Jackson, has its own rules and application processes, so it’s important to understand the details for your specific location.


How to Apply in Platte, Clay, and Jackson Counties

Here’s a quick guide to applying for a property tax freeze in these counties:

Platte County:
Visit the Platte County Assessor's Office Website or call 816-555-1234 for detailed application instructions.

Clay County:
Download the application from the Clay County Assessor's Office Website or reach them at 816-555-5678 with any questions.

Jackson County:
Find all the necessary information on the Jackson County Assessor's Office Website or call 816-555-8901 for personalized assistance.


Tips for a Smooth Application Process

Gather Required Documents: 

Have proof of age, income, and homeownership ready, such as your driver's license, tax returns, or utility bills.

Submit On Time: 

Be sure to check and meet the application deadline for your county.

Stay Updated: 

After applying, confirm each year that your tax freeze remains in effect.

Final Thoughts

The property tax freeze is a new tool designed to make homeownership more affordable for seniors in Missouri. It's an important step in managing your housing costs during retirement. If you need help navigating this process or have any real estate questions, I’m just a phone call away to help guide you through it.


Follow @bethcreerealtor For All Things Real Estate And Downsizing

Facebook

See the Latest

YouTube

Join the Fun
We use cookies to enhance your browsing experience and deliver our services. By continuing to visit this site, you agree to our use of cookies. More info