Senior Tax Freeze helps thousands of low-income Philadelphians save money on their property taxes. In 2019, more ten thousand homeowners saved an average of $568 with Senior Tax Freeze. They can expect to save the same amount, or more, every year.
If you’re eligible, you should set yourself up for savings too. The deadline to apply is September 13.
The program works by “freezing” your tax bill—making sure it does not increase in the future. Your property’s value, and the City’s tax rate, may increase in coming years. But by enrolling, your Real Estate Tax bill stays the same.
If property values or the tax rate ever go down, so will your bill. Senior Tax Freeze always gives you the best deal.
Age and income requirements
You need to meet certain age requirements to get Senior Tax Freeze. You must:
- Be 65 years or older, or live with a spouse who is 65 years or older; or
- Be at least 50 years old, and the widow/er of someone who reached 65 before passing away.
Income requirements also apply. Your total income can’t be more than:
- $27,500 if you’re single; or
- $35,500 for a married couple.
If you’re unsure about eligibility, email revenue@phila.gov or call (215) 686-6442.
Photo credit: Taylor Farnsworth, Philadelphia Department of Commerce / Flickr