News Flash


Posted on: January 15, 2020

Homeowners' Property Tax Exemption

L.A. County Homeowners' Property Tax Exemption

The County Assessor is reminding homeowners that a savings awaits them only for the asking, which can result in a $7,000 drop in a home’s taxable value.

The Homeowners’ Exemption reduces a property’s taxable assessed value by $7,000, provided that the property is the owner’s principal place of residence as of January 1st. The result is a $70 savings on the annual tax bill. Homeowners need only apply once in order to receive these savings each year. Savings continue until a change (such as a sale) is recorded.

Palmdale has a 48% rate of unclaimed exemptions, so there’s nearly a 50/50 chance that you could be due for some savings.

For more information, please visit

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