Maximum Income Exemption Eligibility
|
Percentage of Assessed Valuation Exempt from Taxation
|
---|---|
Not more than $21,500
|
50%
|
$21,500 or more but less than $22,500
|
45%
|
$22,500 or more but less than $23,500
|
40%
|
$23,500 or more but less than $24,500
|
35%
|
$24,500 or more but less than $25,400
|
30%
|
$25,400 or more but less than $26,300
|
25%
|
$26,300 or more but less than $27,200
|
20%
|
$27,200 or more but less than $28,100
|
15%
|
$28,100 or more but less than $29,000
|
10%
|
$29,000 or more but less than $29,900
|
5%
|