Property Tax Homestead Exemptions: An Analysis of the Variance in Take-Up Rates Across Neighborhoods

B-Tier
Journal: National Tax Journal
Year: 2021
Volume: 74
Issue: 2
Pages: 405 - 430

Score contribution per author:

2.011 = (α=2.01 / 1 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Hundreds of thousands of homeowners eligible for Florida’s homestead exemption fail to claim it, losing out on significant property tax savings. Large differences exist in take-up percentages across neighborhoods. This paper relates these differences to a wide range of neighborhood descriptors. Take-up rates are lower where incomes are lower and a higher percentage of residents are from minority groups. Take-up rates are also correlated with neighborhood characteristics that may register knowledge of the exemption and transaction costs incurred in applying for the exemption.

Technical Details

RePEc Handle
repec:ucp:nattax:doi:10.1086/714168
Journal Field
Public
Author Count
1
Added to Database
2026-01-25