Property Taxes in Luke, Maryland
Median Luke, Maryland effective property tax rate: 0.92%, significantly lower than the national median of 1.02%, and lower than the Maryland state median of 1.21%.
Median Luke, Maryland home value: $28,400
Median annual Luke, Maryland tax bill: $257, lower than the national median property tax bill of $2,400.
How are property taxes in Allegany calculated?
Property taxes in Luke, Maryland are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Luke's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Luke, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
How Does the Luke Property Tax Calculator Work?
Use this Luke property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Luke's median effective tax rate of 0.92% — based on actual property records in Allegany County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Luke's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Luke: rates range from 0.92% in 21540 to 0.92% in 21540, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Luke.
About Luke Property Taxes
About Property Taxes in Luke, Allegany, Maryland
Luke’s median effective property tax rate of 0.92% is lower than the Maryland state median of 1.21% and lower than the national median of 1.02%. This rate reflects the Allegany County base levy combined with local school district levies and special taxing districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Luke. Homeowners in the 21540 ZIP code carry a median effective rate of 0.92%, while those in the same ZIP code also pay 0.92%. This reflects how school district boundaries and local assessment districts are drawn across Allegany County. Understanding which part of Luke you live in can make a meaningful difference to your annual tax bill.
Luke homeowners who believe their assessed value is too high can file a formal appeal with the Tax Assessor before the February 13, 2026 deadline each year.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Luke, Allegany County, Maryland
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate.
While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Luke's effective property tax rate to other cities in Maryland and the median property tax rates in Maryland and the U.S.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Luke Tax Rate
0.92%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Allegany County Tax Rate
1.03%
Median Effective Maryland Tax Rate
1.21%
Median Effective United States Tax Rate
1.27%
Property Tax Rates Across Luke, Allegany County, Maryland
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 21540 | 0.85% | 0.86% | 0.92% | 0.92% | 0.92% |
Source: Ownwell
Property Tax Assessment Values Across Luke, Allegany County, Maryland
When examining property taxes in Luke, Maryland, understanding the distinction between "market value" and "assessed value" is crucial.
The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Allegany County assessment office estimates the market value for tax purposes.
The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
Assessment notices:
In Allegany County, assessment notices are sent in December each year. They'll typically reach your mailbox by the middle of December.
Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Luke.
For example, the median home price in Luke is $28,400, with tax bills ranging significantly across the county. 21540 has the highest median home price at $28,400.
Property Tax Assessment Values Across Luke, Allegany County, Maryland
Source: Ownwell
$28,400
$110,050
$191,700
Median Luke Market Value
$28,400
Median Allegany County Market Value
$113,750
Median Maryland Market Value
$338,400
Median United States Market Value
$274,101
Property Tax Assessment Values Across Luke, Allegany County, Maryland
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 21540 | $23,060 | $25,900 | $28,400 | $39,850 | $73,840 |
Source: Ownwell
Property Tax Bills Across Luke, Allegany County, Maryland
Luke property tax bills are calculated from the assessed value of a home and the local tax rate set for Allegany County. The assessed value is the amount the property is taxed on, and it is used to determine how much a homeowner owes each year. When the assessed value rises, the tax bill can increase as well, even if the home has not been sold.
Several factors affect the final bill, including the home’s market value, local assessment practices, and the tax rate applied to properties in the area. In Luke, the median home price is $28,400, and the median property tax bill is $257, which is far below the national median property tax bill of $2,400. That lower bill can make homeownership more affordable, but changes in assessment can still affect what homeowners pay.
For many homeowners, property taxes are a recurring cost that can shift over time as values and local rates change.
Median Luke Tax Bill
$257
Median Allegany County Tax Bill
$1,116
Median Maryland Tax Bill
$4,092
Median United States Tax Bill
$3,209
Property Tax Bills Across Luke, Allegany County, Maryland
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 21540 | $197 | $233 | $257 | $368 | $630 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | February 13 |
Links | |
|---|---|
| Allegany Tax Assessor | |
| Website | sdat.dat.maryland.gov |