Loretto, KY

Kentucky

Loretto is a small town in Kentucky with a population of 730. Residents earn $59,028 per year, which is 21% below the national average.

3.6 /5.0
B+ Good
730 Population 228/sq mi density
$59,028 Median Income $36,236 per capita
$178,300 Home Value $235,817 Zillow
$775 Median Rent
57°F Avg Temperature
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$59,028 median income, 2.6% unemployment
A+
Affordability
5.0 / 5.0
$178,300 home value, $775/mo rent
D
Education
1.8 / 5.0
9.9% bachelor's degree or higher
Median Income $59,028
21% lower than US avg
Home Value $178,300
37% lower than US avg
Bachelor's+ 9.9%
71% lower than US avg
Median Rent $775
33% lower than US avg
Unemployment 2.6%
28% lower than US avg
Poverty Rate 8.7%
30% lower than US avg

How Loretto Compares to the U.S. Average (100% = U.S. avg)

People

Population730
Median Age42.0 yrs
Density228/mi²
Male / Female50% / 50%
Largest GroupWhite 98%

Economy

B+
Median Income$59,028
Per Capita$36,236
Unemployment2.6%
Poverty8.7%
County GDP$1,276M
Commute31 min

Housing

A+
Home Value$178,300
Rent$775
OwnershipN/A
Zillow$235,817

Crime

ViolentN/A
PropertyN/A

Health

ObesityN/A
UninsuredN/A

Climate

Avg Temp57°F
AQI41 (Good)
Rain51.6 in/yr
Elevation733 ft

Education

D
Bachelor's+9.9%
High School+87.3%
School Score5.50

Community

2024 VoteR 71% / D 28%
Commute31 min
EV Stations2
Libraries2

Is Loretto a Good Place to Live?

Based on current data, Loretto receives an overall livability score of 3.6 out of 5.0, earning a grade of B+. Key strengths include low unemployment, affordable housing, high health insurance coverage. Areas to be aware of include below-average incomes. Loretto offers a solid quality of life with a good balance of affordability, safety, and opportunity.

Economy & Jobs

The median household income in Loretto is $59,028, 21% below the national average of $75,149. The job market is very strong with unemployment at just 2.6%. 8.7% of residents live in poverty, near the national average of 12.4%. Workers commute an average of 31 minutes.

Cost of Living & Housing

The median home value in Loretto is $178,300, 37% below the national median — offering relatively affordable homeownership. Renters pay a median of $775 per month, below the national average — a plus for affordability. At just 3x median income, home prices are very affordable relative to local earnings.

Education

9.9% of residents hold a bachelor's degree, below the national average of 33.7%. 87.3% have completed high school. Area schools have an average test score of 5.5/10.

Climate & Weather

Loretto enjoys a moderate climate with an average annual temperature of 57°F. Winters average 35°F in January while summers reach 77°F in July. Annual precipitation totals 51.6 inches, including 11.9 inches of snow. Air quality is rated Good with a median AQI of 41.

Loretto has a population of 730 with a density of 228 people per square mile. The median age is 42.0 years, 8% older than the national median of 38.9. The city is predominantly White (97.5%).

Population

730
Total Population
228
People / sq mi
42.0yrs
Median Age
8% above US avg
3.2mi²
Land Area

Gender Distribution

Male 50%
Female 50%

Race & Ethnicity

Loretto vs U.S. Average

Language Spoken at Home

English Only100.0%
27% above US avg
Spanish0.0%
100% below US avg

Social Characteristics

Loretto vs U.S. Average

The median household income in Loretto is $59,028, which is 21% below the national average of $75,149. The unemployment rate is 2.6% (below the 3.6% US average). 8.7% of residents live below the poverty line. Workers commute an average of 31 minutes.

Income: Loretto vs U.S.

Commute Mode

Income

Median HH Income$59,028
21% below US avg
Per Capita Income$36,236
Avg Weekly Wage$964
IRS Avg AGI$56,465

Employment & Poverty

Unemployment2.6%
28% below US avg
Poverty Rate8.7%
30% below US avg
Establishments (County)534
County GDP$1,276M

Business (County)

Restaurants28
Healthcare47
Retail63
Manufacturing34

Tax & Cost of Living

Property Tax (IRS)$2,531
28% below US avg
Effective Tax Rate1.42%

Commute & Transportation

Commute Time30.9 min
Work from Home1.0%

Walkability

The median home value in Loretto is $178,300, 37% below the national average. Monthly rent averages $775 (33% below US avg). Zillow estimates the typical home value at $235,817.

Home Value Sources

Ownership Split

Home Values

Census Median$178,300
37% below US avg
Zillow ZHVI$235,817

Real Estate Market (Redfin)

Rental Costs

Census Median Rent$775
33% below US avg

HUD Fair Market Rent

Studio$719
1 Bedroom$794
2 Bedrooms$984
3 Bedrooms$1,277
4 Bedrooms$1,442

Ownership & Property

Owner-Occupied94.0%

Property Tax

Avg Tax (IRS)$2,531
28% below US avg
Effective Rate1.42%

Health Metrics: Loretto vs U.S. Average (%)

Chronic Conditions

Behaviors & Mental Health

Healthcare Access

Insurance Rate96.9%
Premature Death12,581/100K

Food & Exercise

Food Environment6.8/10
Exercise Access47.1%
Healthcare Facilities47

Crime Rates: Loretto vs U.S. Average (per 100,000)

Violent Crime

Property Crime

Traffic Safety

Fatal Crashes (County/yr)6

Safety Score

Loretto has an average annual temperature of 57°F (14°C). Winters average 35°F in January while summers reach 77°F in July. Annual precipitation is 51.6 inches. Air quality is rated Good with a median AQI of 41.

Temperature

35°F Jan (2°C) 77°F Jul (25°C)
Annual Average56.8°F
5% above US avg
January Average35°F (2°C)
July Average77°F (25°C)

Precipitation & Snow

Annual Rainfall51.6 inches
36% above US avg
Snowfall11.9 inches/yr

Air Quality

AQI Median41.0
RatingGood

Geography

Elevation733 ft (223 m)
Area3.2 sq mi (8.3 km²)
Population Density228/sq mi
Coordinates37.6420°N, 85.3931°W
County FIPS21155
It is classified as Nonmetro — Urban 2.5K–20K, adjacent. 9.9% of residents hold a bachelor's degree or higher (71% below US avg). In the 2024 election, the county voted Republican by a 43.5-point margin.

2024 Presidential Election (County)

R 71.1%
D 27.6%

Winner: Republican by 43.5 points

Education

Bachelor's Degree+9.9%
71% below US avg
High School+87.3%
School Test Score5.50
D Education Grade (1.8/5.0)

Urban-Rural Classification

RUCC Code 6Nonmetro — Urban 2.5K–20K, adjacent
Population Density228/sq mi
Total Area3.2 sq mi

Infrastructure & Services

EV Charging Stations2
Alt Fuel Stations2
Public Libraries2
Healthcare Facilities47
Restaurants28
Retail Stores63

Safety & Disasters

Fatal Crashes (County/yr)6

Commute & Transportation

Avg Commute30.9 min
Work from Home1.0%

Nearby Cities

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