Living in Lutherville, Maryland
Cost of living, income, home prices, rent and demographics of Lutherville · Census data 2020–2024
Lutherville has 6,574 residents with a median age of 44.6. The median household income is $113,563 (10% higher than the Maryland median), the median home value is $443,900, the median rent is $1,423/month.
Lutherville at a glance
- Population
- 6,574
- Median age
- 44.6State: 39.4
- Median household income
- $113,563State: $103,678
- Median home value
- $443,900State: $419,900
- Median rent
- $1,423/moState: $1,705
- Homeowners
- 85.2%
- Bachelor's degree or higher
- 68.4%
- Average commute
- 25 min
Is Lutherville a good place to live?
Pros: Median household income 10% higher than the Maryland median; an average commute of 25 minutes; a poverty rate of 4.2%.
Cons: Home values 6% higher than the state median; unemployment of 5.3%.
The weather is best in May–June and August–September.
Cost of living in Lutherville
Housing is the biggest part of the cost of living. In Lutherville the median home value is $443,900, 33% higher than the U.S. median. Renters pay a median of $1,423 per month, which is 38% of household income. Homeowners with a mortgage pay $2,461 a month in housing costs.
Lutherville median household income
The median household income in Lutherville is $113,563 and the income per person is $55,965. 4.2% of residents live below the poverty line (Maryland: 9.4%).
Housing in Lutherville: homes for sale and rent
- Housing units
- 2,697
- Owner-occupied
- 85.2%
- Renter-occupied
- 14.8%
- Vacant
- 4.9%Includes seasonal homes
- Median year built
- 1958
- Average household size
- 2.56
Lutherville demographics
- Population
- 6,574
- Median age
- 44.6
- Under 18
- 21.7%
- 65 and older
- 21.8%
- Households
- 2,565
- Foreign-born
- 10.8%
- Veterans
- 5.8%Adults 18+
Hispanic or Latino can be of any race. Population history of Lutherville ›
Education in Lutherville
68.4% of adults 25 and older in Lutherville have a bachelor's degree or higher (Maryland: 43.4%), and 39.1% have a graduate or professional degree.
Jobs and commute in Lutherville
- Unemployment rate
- 5.3%State: 4.9%
- Average commute
- 25 minState: 31 min
- Work from home
- 21.6%
- Drive alone
- 71.2%
- Public transit
- 0.2%
- Walk to work
- 2.8%
- Homes with broadband
- 93.3%
Lutherville vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Lutherville | 6,574 | $113,563 | $443,900 | $1,423 |
| Timonium | 10,304 | $119,863 | $480,800 | $1,836 |
| Towson | 58,679 | $101,320 | $469,000 | $1,764 |
| Mays Chapel | 16,066 | $126,996 | $464,800 | $1,739 |
| Hampton | 5,372 | $170,688 | $615,300 | — |
| Cockeysville | 23,962 | $77,680 | $419,900 | $1,603 |
| Parkville | 30,549 | $79,178 | $260,400 | $1,526 |
| Pikesville | 33,524 | $98,465 | $434,500 | $1,707 |
| Carney | 28,343 | $83,620 | $319,700 | $1,793 |
More for people moving to Lutherville
Lutherville ZIP code ›Weather and climate ›Living in Lutherville: FAQ
What is the median household income in Lutherville, MD?
The median household income in Lutherville is $113,563, 10% higher than the Maryland median of $103,678 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Lutherville?
The median home value in Lutherville is $443,900, compared with $419,900 in Maryland.
How much is rent in Lutherville?
The median gross rent in Lutherville is $1,423 per month, about 38% of household income.
Is Lutherville, MD a good place to live?
Pluses: median household income 10% higher than the Maryland median; an average commute of 25 minutes; a poverty rate of 4.2%. Minuses: home values 6% higher than the state median; unemployment of 5.3%.
What is the median age in Lutherville?
The median age in Lutherville is 44.6 years (Maryland: 39.4).
How long is the commute in Lutherville?
The average commute to work in Lutherville is 25 minutes; 21.6% of workers work from home.
What is the unemployment rate in Lutherville?
The unemployment rate in Lutherville is 5.3% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Lutherville?
68.4% of adults in Lutherville have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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