21540 Luke, Maryland is a small rural town located in Allegany County. The town has many local businesses including the Luke Country Store, which has been serving the community since 1991, as well as the Luke Family Restaurant and Bakery. The town also has a few small farms scattered around it. Housing prices in the area are reasonable with a two-bedroom apartment costing $850 a month. The grocery cost index for this area is 98 compared to the US average of 100 which means groceries are cheaper than average here. There are also various initiatives being undertaken by locals such as the Luke Community Preservation Society which works to restore historic buildings in the area and promote sustainable agriculture.
Luke (zip 21540) has an unemployment rate of 6.9%. The US average is 6.0%.
Luke (zip 21540) 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 (zip 21540)
- The Sales Tax Rate for Luke (zip 21540) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Luke (zip 21540) 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 (zip 21540)
- The average income of a Luke (zip 21540) resident is $19,149 a year. The US average is $28,555 a year.
- The Median household income of a Luke (zip 21540) resident is $40,750 a year. The US average is $69,021 a year.