The typical family size in Lutherville, MD is 3.14 household members, with 83.9% being the owner of their own homes. The average home value is $360668. For those paying rent, they spend an average of $1218 monthly. 67.8% of families have dual incomes, and a median domestic income of $113452. Median income is $53247. 2.4% of residents are living at or below the poverty line, and 8.4% are handicapped. 4.5% of residents of the town are veterans associated with armed forces of the United States.
The labor force participation rate in Lutherville is 69.9%, with an unemployment rate of 3.2%. For all when you look at the labor force, the average commute time is 24.9 minutes. 32% of Lutherville’s populace have a masters diploma, and 30.1% have a bachelors degree. For all without a college degree, 19.7% attended at least some college, 14.1% have a high school diploma, and just 4.2% possess an education lower than twelfth grade. 2.7% are not included in medical insurance.
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