North Carolina excludes from property taxes a portion of the appraised value of a permanent residence owned and occupied by North Carolina residents aged 65 or older or totally and permanently disabled whose 2024 income does not exceed $37,900 annually.

Tax Relief Programs Elderly or Disabled Homestead Exemption. Elderly or Disabled Property Tax Deferral (Circuit Breaker) ... Disabled Veteran Homestead Exclusion. Present-Use Value Assessment. Builder Property Tax Exemptions. Historic Property Deferral.

North Carolina differs from most state homestead laws by not specifying an acreage limit, but only allowing up to $1,000 worth of property to be declared a homestead.

North Carolina defers a portion of the property taxes on the appraised value of a permanent residence owned and occupied by a North Carolina resident who has owned and occupied the property at least five years, is at least 65 years of age or is totally and permanently disabled, and whose income does not exceed $56,850.

North Carolina allows property tax exclusions for senior adults and disabled individuals. If you qualify, you may receive an exclusion of either $25,000 or 50% of the taxable value of your residence (whichever is greater).

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AV-10 Application is for property classified and excluded from the tax base under North Carolina General Statute. The application deadline for the homestead tax relief programs is June 1.To request an application to be mailed to you, please call our office at 919-856-5400. North Carolina offers three Property Tax Relief programs for qualifying taxpayers. Property tax relief programs apply only to the permanent residence. AV-9 2025 Application for Property Tax Relief. Documents. Contact Information. Application deadline is June 1. The amount of the appraised value of the permanent residence and up to a one (1) acre homesite may be excluded from taxation.

Homestead Act For Taxes In North Carolina

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