With soaring property values across the state, many North Carolinians are struggling to keep up with their housing costs, including property taxes. But there is help. North Carolina offers property tax relief to low-income elderly, disabled, and/or disabled veterans. Qualifying owners may receive an exclusion of the taxable value of their residence of either $25,000 or 50% (whichever is greater) but they must apply before June 1, 2022.
Who is eligible?
Qualifying owners must meet the following requirements:
- The applicant’s name must be on the deed or title to the residence as of January 1, 2021.
- The residence must be the applicant’s primary residence.
- The applicant must be a North Carolina resident
- The applicant must be at least 65 years of age or totally and permanently disabled. (Total and permanent disability is a disability that substantially hinders a person from obtaining gainful employment.)
- The applicant’s income, including any spouse in the household, must be $31,900 or less for 2021.
What if I am a Veteran?
Property tax relief is also available for Disabled Veterans in Mecklenburg County. These qualifying homeowners may receive an exclusion of the first $45,000 of the taxable value of their residence. The veteran must be an honorably discharged veteran, the home must be occupied by the disabled veteran, and that veteran must be 100% totally and permanently disabled due to a service-connected related injury.
This exemption is also available to the surviving spouse (who has not remarried) of a Disabled Veteran. This does not apply to combat veterans, unless they have suffered a 100% total and permanent disability, which is service related. There is no age or income limitation.
When do I apply?
Qualifying owners must apply with the Assessor’s Office between January 1st and June 1st.
Where can I find help?
Charlotte Center for Legal Advocacy is available to assist low-income elderly, disabled, and/or disabled veterans prepare their property tax relief applications. Virtual appointments will be available April 4-May 6, 2022. For more information, please call 980-256-7952 or 704-376-1600 ext. 545.