Tax/GIS

(919) 496-1397
215 E. Nash Street
Louisburg, NC 27549

Tax/GIS

Ask the Tax Administrator

This portion of our web site provides taxpayers with the opportunity to ask the Tax Administrator questions.  Updates to questions and answers will be posted weekly; we hope that they will be helpful and useful for other taxpayers in the county.  Please email questions to dwilliams@franklincountync.us with "Ask the Tax Administrator" in the subject line.  The Administrator will get back with you as soon as possible. Questions and answers posted on this page will remain anonymous.  We look forward to hearing from you!


Question

Do real estate tax rates go down when the owner reaches 65? Is there a senior citizen discount?

- Daniel A.

 Response

There is a senior exclusion available to those that qualify.  The basic requirements are: 

  1. A permanent residence owned and occupied by a qualifying owner
  2. The qualifying owner is at least 65 years of age or totally and permanently disabled.
  3. The qualifying owner has an income for the preceding calendar year of not more than the income eligibility limit.  For 2012, that limit is $28,100.
  4. The qualifying owner is a North Carolina resident. 

This exclusion does not lower the rate.  Rather it lowers the taxable value on the property by the greater of $25,000 or 50% of the appraised value. 

A copy of the application for the elderly exclusion is located on our website at: 

http://files.www.franklincountync.us/services/tax/other-tax-forms/2014_AV9.pdf

Also, feel free to contact our personal property group at (919)-496-1397.