Madison County, Illinois Treasury Department
Madison County, Illinois

Senior Citizens Exemptions

Senior Citizens Homestead Exemption

To be eligible for this exemption, you must be a senior citizen 65 years of age or older and the property is your principal residence during the assessment year. The person must be the owner or a lessee of a single-family property who is responsible for the payment of the property taxes. You may be entitled to a prorated Senior Citizen Exemption if you have moved or plan to move in the future. The amount of the exemption is a $4,000 reduction in the EAV of the property.  You must apply for this exemption annually.

Senior Citizens Assessment Freeze Homestead Exemption (SCAFHE)

This exemption allows senior citizens, 65 years of age or older, who have a total household maximum income of less than $55,000, and meet certain other qualifications to apply for a freeze of the equalized assessed value (EAV). This does not, however, automatically freeze the amount of their tax bill. The amount of the exemption benefit is determined each year based on (1) the property's current EAV minus the frozen base year value (the property's prior year's EAV for which the applicant first qualifies for the exemption), and (2) the applicant's total household maximum income limitation.

Each year applicants must file Form PTAX-340, Senior Citizens Assessment Freeze Homestead Exemption Application and Affidavit with your Township Assessor or the Chief County Assessor’s office.

Click here to view chart that lets you know if you Are You Receiving the Following Deductions That May Apply To You? (PDF)