At a Glance
Median Income
$61,591
$8,910 per capita
Home Value
$187,500
Zillow: $135,163
Bachelor's Degree+
52.8%
100.0% high school+
Unemployment
5.4%
10.0% poverty 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?
A+
4.5 / 5.0 - Excellent
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Loretto residents earn a median household income of $61,591 , which is 18% below the national average of $75,149.
Per capita income is $8,910. The unemployment rate stands at 5.4% (50% above the U.S. rate of 3.6%). 10.0% of residents live below the poverty line. The area is home to 3,304 business establishments, including 299 restaurants.
Housing & Cost of Living
The median home value in Loretto is $187,500 , 33% below the national median of $281,900.
Zillow estimates the typical home at $135,163. The cost of living index is 97.6 (100 = national average). The median home was built in 1959.
Education
52.8% of adults in Loretto hold a bachelor's degree or higher
(57% above the national average).
100.0% have completed high school. Local schools score 5.8/10 in standardized testing.
Climate & Weather
Loretto has an average annual temperature of 47°F (8°C).
Winters average 24°F in January while summers reach 68°F in July. Annual precipitation totals 48.7 inches. Air quality is rated Good with a median AQI of 42.
Data Overview
People
Population1,370
Median Age20.5 yrs
Density1,457/mi²
Male / Female32% / 69%
Foreign Born5.8%
Veterans1.0%
Economy
B+
Median Income$61,591
Per Capita$8,910
Unemployment5.4%
Poverty10.0%
County GDP$6,208M
Avg Weekly Wage$958
Housing
A+
Home Value$187,500
Rent
Ownership71.2%
Zillow$135,163
Housing Units163
Rent Burden32.5%
Health
Obesity31.9%
Premature Death10,679/100K
Climate
Avg Temp47°F
Rain48.7 in/yr
AQI42 (Good)
Elevation1,968 ft
Education
A+
Bachelor's+52.8%
High School+100.0%
Graduate+24.4%
School Score5.8/10
Community
2024 VoteR 69% / D 30%
Commute13 min
Broadband78.8%
Internet Speed126 Mbps
EV Stations2
Libraries14
Did You Know?
Loretto was founded in 1816.
The median home in Loretto was built in 1959.
The nearest airport is Arnold Palmer Regional (44 miles).
The Gini coefficient (income inequality) is 0.451 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
5.3% of the population has a disability.
Average internet download speed is 126 Mbps.
There are 299 restaurants in the area.
The county recorded 12 fatal vehicle crashes.