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1. What is the Elderly or Disabled Homestead Exclusion Property Tax Relief Program?

The Elderly or Disabled Exclusion provides property tax relief for qualified North Carolinians who are age 65 and over or totally and permanently disabled on January 1. The exclusion amount is the greater of $25,000 or 50% of the appraised value of the home and up to 1 acre of land.

for more information, visit the

elderly exclusion page.

2. What are the qualifications for the Homestead Exemption?

You may be qualified for the Homestead Exemption if you are at least 65 years of age on January 1 of the tax year in which you wish to claim the exemption and you and your spouse’s income did not exceed $33,800 for the year prior to which an application is made. You must own your primary residence, which could be a manufactured home, single family residence, condominium or townhome and be a legal resident of Iredell County.

You may also qualify if you are certified totally and permanently disabled by a physician licensed to practice medicine in North Carolina or from a governmental agency authorized to determine qualifications for disability benefits, and you and your spouse’s income did not exceed $33,800 for the year prior to which an application is made. You must own your primary residence, which could be a manufactured home, single family residence, condominium or townhome and be a legal resident of Iredell County.

3. What is considered part of my homestead / permanent residence?

It includes your dwelling, the dwelling site (not to exceed 1 acre), and related improvements such as a garage, carport or storage building. The dwelling may be a single family residence, condominium, townhome or a manufactured home.

4. Do I have to apply in person?

For this exemption, the qualifying homeowner may submit an application by mail or in person at the Tax Department: 135 E Water St, Room 100, Statesville, NC 28677.

5. How can I show that I am 100% totally and permanently disabled?

You must furnish a certification that you are totally and permanently disabled from a physician licensed to practice medicine in North Carolina or from a governmental agency authorized to determine qualifications for disability benefits. If you or your spouse is over 65 years old, you do not need to submit a certification of disability.

View the

Physician Certification of Disability (PDF).

6. What is considered income and how much can I make and still qualify for the Elderly or Disabled Exclusion?

Income is defined as all moneys received from every source other than gifts or inheritances from family members. For the year 2023, the income limit is $33,800. This threshold is adjusted annually for cost-of-living.

Income Examples:

• 401k and 457 Distributions
• A.F.D.C.
• Alimony
• Annuities
• Capital Gains
• Disability
• Dividends
• Farm and Gambling Income
• Foster Care Payments
• Interest
• IRA Distributions
• Pensions
• Railroad Retirement
• Rental
• Social Security
• SSI
• Unemployment
• VA Benefits
• Wages
• Worker’s Compensation

7. How do I provide proof of income?

If you are required to file a Federal Income Tax return you must provide a copy of the return. For non-income tax filers, other proof of income is required. Proof of income must reflect income for the year immediately preceding the tax year for which an application is made. (For example, if an application is submitted for 2022, income for 2021 must be reported.)

For details, please view the

application (PDF).

8. When is the deadline to file an application?

Applications are timely filed if received by June 1 of the year for which the exemption is applied.

9. Do I need to reapply annually?

No. You do not need to reapply annually. However, you must notify the Tax Assessor if you move, sell or rent your house or if you make changes to the owners listed on the deed. You must also reapply if there is a change in your disability status or your income increases to greater than is allowed to qualify.