Means Tested Senior Tax Exemption

Senior Tax Exemption

Senior Means Tested Exemption Applications may be filed between April 16, 2023 - September 1, 2023.  If an application is granted a homeowner may be eligible to receive up to a 50% exemption of their real estate taxes, dependent on income and asset level.

Requirements are as follows:
Must be 65 or older (co-owner must be 60 or older)
Resident of Concord for 10 years
Income not to exceed:  Single - $64,000 / Head of Household - $80,000 / Joint - $96,000
Principal Residence assessed value not to exceed $1,169,500
Maximum Assets allowed  - $275,000, excluding principal residence

Further information can be found by opening the links below including the application and instructions for filing the application.