PeoriaDotCom : You mean on your federal tax return? That is somewhat a myth, particularly now since Potus Trump changed the tax code a few years ago. He put a cap on property tax deductions, and the deduction only counts if you itemize rather than take the standard deduction - which most people take the standard deduction. So in reality most people do not get a deduction on their federal tax return for property taxes.
@JnJ : No, not off federal taxes, off of the actual property tax bill. The bill is based on the house valuation. You get something like (House Valuation - $40,000) x TaxRate = PropertyTaxBill, if you're retired. If your house is worth $150k at age 65, then your prop tax bill is ($150k - $40k) x TaxRate...and it stays frozen at that dollar amount even if you're 95 and your house is worth 10x what it was when you retired.