Homestead Exemptions

Forms & Downloads:


Residential Tax Reductions through Homestead Exemptions

The City provides multiple homestead exemptions (see below) that save our homeowners almost $5 million annually and goes great lengths in keeping Alpharetta an affordable place to live and raise a family.


Homestead Eligibility:


  • Property owners must own and occupy their home as their permanent residence as of January 1st of the current year.

Homestead Exemptions Offered:

  

  • Floating Homestead Exemption caps the 2019 taxable value at the lower of a homesteaded property  2016, 2017, or 2018 value, plus 4.23%.  For subsequent years, the value will increase by the CPI or 3% whichever is less.  

     
  • Basic Homestead Exemption of $40,000 off the assessed value (does not apply to debt service property tax levy);
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  • Senior Basic Homestead Exemption of $15,000 to residents age 65 or older as of January 1st (applies to entire property tax levy);


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  • Additional Senior Homestead Exemption - $10,000 off the assessed value of the residence
    Eligibility Requirements:
    * 65 years or older as of January 1st of the year for which the application is filed.
    * Own, occupy and claim the property as your legal and primary residence on January 1 of the year in which you first qualify for the exemption.
    * Individual(s) applying for the exemption must be listed on the deed. 
    * Adjusted Gross Income as defined by the Internal Revenue Code, further reduced by certain excluded incomes, of the individual and spouse shall not exceed the maximum amount which may be received by an individual and spouse under the Social Security Act.  For 2019, the maximum amount is $68,644.
    * Proof of age and income must be presented.
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  • Notices of approval or disapproval will be mailed to the applicant(s) in August or early September of the year in which you have applied.
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Senior Full Value Homestead Exemption 
Eligibility Requirements:
* 70 years or older as of January 1st of the year for which the application is filed.
* Own, occupy and claim the property as your legal and primary residence on January 1 of the year in which you first qualify for the exemption.
* Individual(s) applying for the exemption must be listed on the deed. 
* Adjusted Gross Income as defined by the Internal Revenue Code, further reduced by certain excluded incomes, of the individual and spouse shall not exceed the maximum amount which may be received by an individual and spouse under the Social Security Act.  For 2019, the maximum amount is $68,644.
* Proof of age and income must be presented.

Notices of approval or disapproval will be mailed to the applicant(s) in August or early September of the year in which you have applied.
 


Homestead Exemption Applications:

Applications for homestead exemptions may be submitted any time during the year. 

• Applications received on or before April 1st are eligible for a current year homestead exemption.


• Basic homestead exemption and county senior exemption applications must be filed with the Fulton County Board of Assessors at 11575 Maxwell Road, Alpharetta, GA 30009. Floating homestead exemptions will apply automatically to properties with a homestead exemption in place.


• Alpharetta senior homestead exemption applications must be filed with the City of Alpharetta (Finance Department) at 2 Park Plaza, Alpharetta, GA 30009-0349. For additional information on eligibility or the application process, please contact our customer service team at 678-297-6060 (option 0).

 

Proposed Residential Tax Reduction Initiatives

 

The Alpharetta Mayor and City Council have approved two additional homestead exemption measures aimed at further reducing the tax burden on our residential property owners:


• The 1st tax relief measure is a $5,000 increase to the City’s basic homestead exemption (increasing the homestead exemption from $40,000 to $45,000) that will be subject to voter approval on the November 2019 ballot.


• The 2nd tax relief measure involves removing income restrictions for residents age 65 and older to qualify for the $10,000 additional senior homestead exemption and will be subject to voter approval on the November 2019 ballot.

 

 

The City encourages all registered Alpharetta voters to vote on these tax reduction measures and let your voices be heard on these important referendums.