North Carolina Property Tax Deferral Program

Durham County Tax Administration

Available Property Tax Relief

About This Program

Allows qualified homeowners age 65+ with income below $55,050 to defer property taxes until the property is sold or ownership changes. Deferred taxes accrue 4% annual interest. Preserves home ownership for seniors on fixed incomes.

Annual property tax deferred based on median Durham County assessment

Key Details

  • Defer all property taxes
  • Age 65+ required
  • Income below $55,050
  • 4% annual interest on deferred amount
  • Repaid when home is sold

How to Apply

Deadline: Apply by June 1 annually

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