At a Glance
Median Income
$59,028
$36,236 per capita
Home Value
$178,300
Zillow: $242,118
Median Rent
$775/mo
23.8% of income on rent
Bachelor's Degree+
9.9%
87.3% high school+
Unemployment
4.5%
8.7% poverty rate
Obesity Rate
34.5%
23.3% smoking rate
How Loretto Compares to the U.S. Average
Each bar shows Loretto's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Loretto a Good Place to Live?
B+
3.5 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Loretto residents earn a median household income of $59,028 , which is 21% below the national average of $75,149.
Per capita income is $36,236. The unemployment rate stands at 4.5% (25% above the U.S. rate of 3.6%). 8.7% of residents live below the poverty line. The area is home to 534 business establishments, including 28 restaurants.
Housing & Cost of Living
The median home value in Loretto is $178,300 , 37% below the national median of $281,900.
Zillow estimates the typical home at $242,118. Median rent is $775/month, with 23.8% of renters spending more than 30% of income on housing. The cost of living index is 90.2 (100 = national average). The median home was built in 1972.
Education
9.9% of adults in Loretto hold a bachelor's degree or higher
(71% below the national average).
87.3% have completed high school. Local schools score 5.9/10 in standardized testing.
Climate & Weather
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 totals 50.1 inches.
Data Overview
People
Population730
Median Age42.0 yrs
Density228/mi²
Male / Female50% / 50%
Foreign Born0.4%
Veterans6.2%
Economy
B+
Median Income$59,028
Per Capita$36,236
Unemployment4.5%
Poverty8.7%
County GDP$1,276M
Avg Weekly Wage$964
Housing
A+
Home Value$178,300
Rent$775
Ownership94.0%
Zillow$242,118
Housing Units337
Rent Burden23.8%
Health
Obesity34.5%
Diabetes11.5%
Smoking23.3%
Heart Disease7.0%
Premature Death12,581/100K
Climate
Avg Temp57°F
Rain50.1 in/yr
Elevation733 ft
Education
D
Bachelor's+9.9%
High School+87.3%
Graduate+3.0%
School Score5.9/10
Community
2024 VoteR 71% / D 28%
Commute31 min
Broadband88.4%
Internet Speed75 Mbps
EV Stations2
Libraries2
Did You Know?
The median home in Loretto was built in 1972.
The nearest airport is Louisville Muhammad Ali International (41 miles).
The Gini coefficient (income inequality) is 0.418 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
14.7% of the population has a disability.
The county recorded 6 fatal vehicle crashes.