Luke, MD is a charming town near the border of Maryland and Virginia. It has plenty to offer its residents, including affordable housing and low-cost groceries. The average rent for a two-bedroom apartment is just $810 per month, which is significantly lower than the national average of $1,430. Additionally, the grocery cost index in Luke is 98 compared to the 100 nationwide.
The city of Luke is home to many local companies that serve the community, such as Runners Roost Luke, a running store that offers apparel and shoes for those who wish to stay active. Other local businesses include Luke’s Carpet & Tile Center, which provides an array of flooring options for homeowners, and Mary Lou's Diner which serves up delicious homestyle cooking.
Luke has an unemployment rate of 6.9%. The US average is 6.0%.
Luke has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 24.6%, which is lower than the US average of 33.5%.
Tax Rates for Luke
- The Sales Tax Rate for Luke is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Luke is 7.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Luke
- The average income of a Luke resident is $19,149 a year. The US average is $28,555 a year.
- The Median household income of a Luke resident is $40,750 a year. The US average is $69,021 a year.