Depending on the income level of all owners, an exemption between 5% and 50% of school, county, and town taxes may be granted to qualifying applicants. The following outlines disability/limited income limits and their corresponding exemptions:
Income Level
| Exemption Percentage
|
|---|
$50,000 or Less | 50% |
$50,001 to $50,999 | 45% |
$51,000 to $51,999 | 40% |
$52,000 to $52,999 | 35% |
$53,000 to $53,899 | 30% |
$53,900 to $54,799 | 25% |
$54,800 to $55,699 | 20% |
$55,700 to $56,599 | 15% |
$56,600 to $57,499 | 10% |
$57,500 to $58,399 | 5% |
