The homestead exemp- tion provides a reduction in property taxes to qualified senior or disabled citizens, or a surviving spouse, on the dwelling that is that. The homestead exemption allows lowincome senior citizens and permanently and totally disabled Ohioans, to reduce their property tax bills.This is a statewide program which reduces the property tax burden of qualified senior citizens and permanently and totally disabled homeowners. Calculate how much you can expect to pay in property taxes on your home in Wake County, North Carolina. Compare your rate to the state and national average. Two early retirees tired of suburban life decided to build a home out of two barebones Amish wooden sheds. Rudy Giuliani's efforts to keep his witness list top secret just blew up in his face.